“Any possible tendency of the common stockholder to interfere with the management was prevented by selling him non-voting stock or having him assign his voting rights to a management-controlled voting trust.” What I’m reading: The Great Crash: 1929 by John Kenneth Galbraith

I haven’t read this since school, but it’s chock full of good quotes that could be written today. Will dig up “The 1929 Parallel” later. Same author.