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- Newsgroups: alt.conspiracy
- Path: sparky!uunet!spool.mu.edu!sgiblab!starnet!rburns
- From: rburns@StarConn.com (Randall J. Burns)
- Subject: Re: Jewish Banking History
- Message-ID: <1993Jan22.101554.1921@StarConn.com>
- Organization: Starnet-Public Access UNIX--Los Altos, CA 415-949-3133
- References: <1irjn2INN549@usenet.INS.C <1993Jan13.153550.26330@mnemosyne.cs.du.edu> <1993Jan13.212423.8935@midway.uchicago.edu>
- Date: Fri, 22 Jan 1993 10:15:54 GMT
- Lines: 18
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- In article <1993Jan13.212423.8935@midway.uchicago.edu> thf2@midway.uchicago.edu writes:
- >Any success Jewish bankers had came from (1) charging lower rates of
- >interest, and (2) being easy to stiff, as Jewish bankers had little
- >recourse from the governments of the day.
- Keep in mind that it is _cohesive_ cultures that do well in the banking
- business. Another less loaded example would be Quakers(Barclay's Bank
- started as a quaker lending club). There are also some distinct
- advantages to being a minority that isn't a perceived as a military
- threat. Ripping off one's lendors has never been a grea governmental
- policy-governments that do it usually sow the seeds of their own
- destruction.
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