Wall Street Wars Quotes

“The president has great confidence in him because he made his pile, has invested all his money in Government securities and knows all of the tricks of the trade. Apparently he is going on the assumption that Kennedy would now like to make a name for himself for the sake of his family, but I have never known many of these cases to work out as expected.”29”
― Richard E. Farley, Wall Street Wars: The Epic Battles with Washington that Created the Modern Financial System

“This proposal adds to the ancient rule of caveat emptor the further doctrine, “Let the seller also beware.” It puts the burden of telling the whole truth on the seller. It should give impetus to honest dealing in securities and thereby bring back public confidence.”
― Richard E. Farley, Wall Street Wars: The Epic Battles with Washington that Created the Modern Financial System

“If you steal $25, you’re a thief. If you steal $250,000, you’re an embezzler. If you steal $2,500,000, you’re a financier.”13”
― Richard E. Farley, Wall Street Wars: The Epic Battles with Washington that Created the Modern Financial System