Buying on MarginSummaryBorrowing money to invests in stocks was seen as an easy way to make money without needing money. The bank was generous enough to loan money to those who wished to be involved with the stock market. With the profit they made from stocks, they were able to repay the banks.
Quote"Concentration and mental toughness are the margins of victory."- Bill Russell
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Subjunctive QuestionWhen the stock market crashed, how did the banks react?
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