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Quotes About Wall Street

Quotes tagged as "wall-street" (showing 1-30 of 63)
Matt Taibbi
“In a society governed passively by free markets and free elections, organized greed always defeats disorganized democracy.”
Matt Taibbi, Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America

Warren Buffett
“I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.”
Warren Buffett

“Millionaires don't use Astrology, billionaires do.”
J.P. Morgan

Michael Lewis
“The CDO was, in effect, a credit laundering service for the residents of Lower Middle Class America. For Wall Street it was a machine that turned lead into gold.”
Michael Lewis, The Big Short: Inside the Doomsday Machine

Matt Taibbi
“The mistake our politicians so often make with these industry leaders is in thinking they are interested in, or respectful of, the power of government. All they want is to keep stealing. If you can offer them the government’s seal of approval on that, they’ll take it. But if you can’t, well, they’ll take that too.”
Matt Taibbi, Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America

Tom Wolfe
“Sir Gerald Moore: I was at dinner last evening, and halfway through the pudding, this four-year-old child came alone, dragging a little toy cart. And on the cart was a fresh turd. Her own, I suppose. The parents just shook their heads and smiled. I've made a big investment in you, Peter. Time and money, and it's not working. Now, I could just shake my head and smile. But in my house, when a turd appears, we throw it out. We dispose of it. We flush it away. We don't put it on the table and call it caviar.”
Tom Wolfe, The Bonfire of the Vanities

Michael Lewis
“I thought instead of a good rule for survival on Wall Street: Never agree to anything proposed on someone else's boat or you'll regret in in the morning.”
Michael Lewis, Liar's Poker

Andrew Ross Sorkin
“While the financial crisis destroyed careers and reputations, and left many more bruised and battered, it also left the survivors with a genuine sense of invulnerability at having made it back from the brink. Still missing in the current environment is a genuine sense of humility.”
Andrew Ross Sorkin, Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System from Crisis — and Themselves

John Kenneth Galbraith
“Wisdom... is often an abstraction associated not with fact or reality but with the man who asserts it and the manner of its assertion.”
John Kenneth Galbraith, The Great Crash of 1929

Douglas Rushkoff
“We were taking out mortgages we couldn’t afford because they were camouflaged to look as if we had a reasonable chance of paying them back. Banks then changed the bankruptcy laws so that we could not get out of our obligations once the rates changed. Lastly, they sold us back our own mortgages, shifting back to us any of the risk through our money-market accounts and pension funds.”
Douglas Rushkoff, Life Inc.: How the World Became a Corporation and How to Take it Back

Eugene O'Neill
“But land is land, and it's safer than the stocks and bonds of Wall Street swindlers.”
Eugene O'Neill, Long Day's Journey Into Night

Trevor D. Richardson
“Listen in close, Wall Street Conquistadors, you’re spreading like vapor up through people’s floors, you’re moving en masse under the cracks of our doors and grabbing our children to work in your stores, feeding the needy to make them your whores, but you need to remember the grave you’re digging is yours.”
Trevor D. Richardson, Dystopia Boy: The Unauthorized Files

David B. Lentz
“I look forward to the promising upside of the long-term that lingers ahead for me after such abysmal days. Things always just seem to balance out in the long run. In fact, I’m almost there. The zero line is within inches of my trembling outstretched grasp.”
David B. Lentz, The Day Trader: A Novel

Theodore Jerome Cohen
“Lies can be expensive to maintain, Alexa. And I’m sure we haven’t seen one percent of the price that the lies in this case ultimately will exact.”
Theodore Jerome Cohen, House of Cards: Dead Men Tell No Tales

“I spent 33 years and 4 months in active military service . . . And during that period I spent most of my time as a high-class muscle man for Big Business, for Wall Street and the bankers. In short, I was a racketeer, a gangster for capitalism.

Thus, I helped make Mexico and especially Tampico safe for American oil interests in 1914. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in. I helped in the raping of half a dozen Central American republics for the benefit of Wall Street.

I helped purify Nicaragua for the international banking house of Brown Brothers in 1902–1912. I brought light to the Dominican Republic for American sugar interests in 1916. I helped make Honduras right for American fruit companies in 1903. In China in 1927, I helped see to it that Standard Oil went on its way unmolested.

Our boys were sent off to die with beautiful ideals painted in front of them. No one told them that dollars and cents were the real reason they were marching off to kill and die.”
General Smedley Butler

Theodore Jerome Cohen
“So, what are you going to do about it?”
"Watch this!"
"Oh, that’s just freaking great. ‘Watch this!’ The two most dangerous words in the English language. I’m getting out of here before lightning strikes.”
Theodore Jerome Cohen, House of Cards: Dead Men Tell No Tales

Laura Hemphill
“One peek inside his top drawer had been enough for Sophie. Swimming goggles, nail clippers, a Ferragamo tie wound into a tight coil, and packets of Gulden's Spicy Brown Mustard. None of that compared to Ira Blumenstein's gold tooth, Kenneth Yang's Darth Vader lollipop, or Rich Angstrom's Magic 8 Ball.”
Laura Hemphill, Buying In

Ziad K. Abdelnour
“You call my Wall Street words "cuss words"... I call them "sentence enhancers".”
Ziad K. Abdelnour

Michael Lewis
“He shouted into the phone, “That is fuckin’ awesome. I mean fuckin’ awesome. I fuckin’ mean fucking awesome. You are one Big Swinging Dick, and don’t ever let anybody tell you different.” It brought tears to my eyes to hear it, to be called a Big Swinging Dick by the man who, years ago, had given birth to the distinction and in my mind had the greatest right to confer it upon me.”
Michael Lewis, Liar's Poker

Michael Lewis
“The markets in the long run are no doubt driven by fundamental economic laws—if the United States runs a persistent trade deficit, the dollar will eventually plummet—but in the short run money flows less rationally. Fear and, to a lesser extent, greed are what make money move.”
Michael Lewis, Liar's Poker

“The widely mis-interpreted 1998 'meltdown' of East Asia was a financial symptom of the renewed reality: In fact, it was the first round the world recession again to begin in East Asia and spread from there to the West, instead of vice versa. That marked the beginnings of the return back 360 degrees around the world of the world economic center to Asia where it had always been before those two eighty-year period of temporary Western ascendance. The stock market crash in Hong Kong and the devaluation of the Thai baht and the Indonesian rupia took only 80 seconds to make themselves felt in the London City and on New York's Wall Street. How much of a cultural lag do we still need for popular perception and social theory to catch up with global reality?”
André Gunder Frank

P.G. Wodehouse
“Many a time in the past, when an active operator on Wall Street, he had done things...which would have caused raised eyebrows on the fo'c'sle of a pirate sloop - and done them without a blush.”
P.G. Wodehouse

Michael Lewis
“Buy potatoes,” he said. “Gotta hop.” Then he hung up. Of course. A cloud of fallout would threaten European food and water supplies, including the potato crop, placing a premium on uncontaminated American substitutes. Perhaps a few folks other than potato farmers think of the price of potatoes in America minutes after the explosion of a nuclear reactor in Russian, but I have never met them.”
Michael Lewis, Liar's Poker

“Another story tells of Grogan, passing through New York, performed a public burning of dollar bills, and the dollar dropped six points on Wall Street.”
Jeff Nuttall

“You are either on Wall Street or you’re a bum and there’s nothing in between.”
Katya G. Cohen, The American Spellbound

“Wall Street does not release its disciples cost-free. First it makes sure they’re mental and emotional cripples, and then lets them decide if they still want to leave.”
Katya G. Cohen

“For a trader — hell, for any American — being empty of promise is an abomination.”
Katya G. Cohen, The American Spellbound

Roger Lowenstein
“Imagine the big rating agencies as three competitive saloons standing side by side, with each free to set its own drinking age. Before long, nine-year-olds would be downing bourbon”
Roger Lowenstein

Michael Lewis
“How could anyone be so stupid as to trust a trader? The best thing I could do was pretend to others at Salomon that I had meant to screw the customer. People would respect that. That was called jamming. I had just jammed bonds, albeit unknowingly, for the first time. I had lost my innocence.”
Michael Lewis, Liar's Poker

Michael Lewis
“It was the job of people like me to make up reasons, to spin a plausible yarn. And it’s amazing what people will believe. Heavy selling out of the Middle East was an old standby. Since no one ever had any clue what the Arabs were doing with their money or why, no story involving Arabs could ever be refuted. So if you didn’t know why the dollar was falling, you shouted out something about Arabs.”
Michael Lewis, Liar's Poker

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