Benjamin Graham, left, New York financier and Columbia University professor, talks with another witness, Gen. Robert E, Wood, chairman of the Sears, Roebuck & Co., finance committee, before testifying on March 11, 1955, at the Senate Banking committeeâäôs inquiry into stock market conditions. Graham told the senators the stock boom had reached the speculative stage and advised the government to move carefully and cautiously in any effort to do something about it. (AP Photo)