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fruit stand as a slang?

 
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hiromichi



Joined: 12 Oct 2005
Posts: 1380

PostPosted: Wed Mar 18, 2009 2:12 pm    Post subject: fruit stand as a slang? Reply with quote

Will you please rephrase the last sentence below?

J.P. Morgan (1837-1913), financier extraordinaire, wielded robber-baron power at a fraction of the wealth (if you can call more than $100 million in Gilded Age dollars a fraction). In his era, Morgan was Wall Street. Insiders called him "Jupiter," chief of the financial gods. If Morgan said you could have money, you had money. If he put the market's purse away, you were halfway to running a fruit stand.
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pugachevV



Joined: 16 Jan 2003
Posts: 2295

PostPosted: Wed Mar 18, 2009 3:28 pm    Post subject: Reply with quote

Quote:
If he put the market's purse away, you were halfway to running a fruit stand.


I'd say it means if J.P. Morgan said you couldn't have money you would find your financial circumstances greatly reduced.
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hiromichi



Joined: 12 Oct 2005
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PostPosted: Wed Mar 18, 2009 4:25 pm    Post subject: Reply with quote

pugachevV,
I see. Thank you very much.
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