David Rosenthal: belief

Transcript context

…Did it later become the Good Gray Lady? And where does Good come in? Maybe that's part of it. I think the origin is the Bank of England was called Good Lady or something like that, so we borrowed from that. Some people say the Gray came from looking at the paper, it’s a bunch of gray. It’s printed, it’s a gray paper, so it became the Gray Lady. Alternatively, though, Iphigene is the Gray Lady. She was a presence on the board and the link to Ochs and the moral fiber, if you will, of the company for 90 years until 1990. It's crazy. This is really the introducing the very first of many, not necessarily outwardly contentious but inwardly contentious succession decisions that happen. The New York Magazine “continues from earlier. Iphigene, being the deciding vote, supported her husband, thus cleaving a fault line in the family that was never repaired.” You can imagine, generations go by, this thing really starts to compound because there starts to be massive numbers of cousins who are the same way related to Adolph, that the people who end up succeeding Adolph five generations later, they're, by blood, the same amount related, but theirs was not the chosen bloodline to pass down the paper through.…

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