Wall Street Mindset Quotes

A commercial banker wasn't any more a troublemaker than Dagwood Bumstead. ~ Michael Lewis

I think that the S.E.C. has been pretty feckless when it comes to reigning in reckless behavior on Wall Street. ~ Martin O'Malley

The triple-A tranches all traded at one price, the triple-B tranches all traded at another, even though there were important differences from one triple-B tranche to another. As the bonds were all priced off the Moody's rating, the most overpriced bonds were the bonds that had been most ineptly rated. And the bonds that had been most ineptly rated were the bonds that Wall Street firms had tricked the rating agencies into rating most ineptly. "I cannot fucking believe this is allowed," said Eisman. ~ Michael Lewis

In the movie 'Wall Street' I play Gordon Gekko, a greedy corporate executive who cheated to profit while innocent investors lost their savings. The movie was fiction, but the problem is real. ~ Michael Douglas

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

Unlike John Lasseter's bosses at Disney, Bezos was open to the entrepreneurial contributions of Amazon's individual employees - even when those ideas were outside what Wall Street (and even his own board of directors) considered the company's core business. AWS represents precisely the kind of value creation any CEO or shareholder would want from their employees. Want your employees to come up with multibillion-dollar ideas while on the job? You have to attract professionals with the founder mind-set and then harness their entrepreneurial impulses for your company. As Intuit CEO Brad Smith told us, A leader's job is not to put greatness into people, but rather to recognize that it already exists, and to create the environment where that greatness can emerge and grow. ~ Reid Hoffman

Henry Lloyd was with Darrow when they toured the mine. It was a dreadful experience, Lloyd said, "like a foretaste of the inferno."

"You might as well get used to it," Darrow told him. Heaven was reserved for Wall Street financiers. Infidels like themselves would be rooming with Satan. ~ John A. Farrell

Here's the perversity of Wall Street's psychology: The more Wall Street is convinced that Washington will act rationally and raise the debt ceiling, most likely at the 11th hour, the less pressure there will be on lawmakers to reach an agreement. That will make it more likely a deal isn't reached. ~ Andrew Ross Sorkin

While the IMF certainly failed the people of Asia, it did not fail Wall Street - far from it. The hot money may have been spooked by the IMF's drastic measures, but the large investment houses and multinational firms were emboldened ... These fun-seeking firms understood that as a result of the IMF's "adjustments," pretty much everything in Asia was now up for sale - and the more the market panicked, the more desperate Asian companies would be to sell, pushing their prices through the floor. ~ Naomi Klein

I made a tremendous amount of money on real estate. I'll take real estate rather than go to Wall Street and get 2.8 percent. Forget about it. ~ Ivana Trump

Sarah Palin had a big op-ed piece in the Wall Street Journal, and she said she's against death panels. And I thought, 'Really? She's the one who pulled the plug on the McCain campaign.' ~ David Letterman

I'm asked, what about criminal prosecution of those on wall street? You know what, it's probably because none of them committed any crimes. They just made some incredibly bad decisions. ~ Gary Johnson

Anna Chapman was born Anna Vasil'yevna Kushchyenko, in Volgograd, formally Stalingrad, Russia, an important Russian industrial city. During the Battle of Stalingrad in World War II, the city became famous for its resistance against the German Army. As a matter of personal history, I had an uncle, by marriage that was killed in this battle. Many historians consider the battle of Stalingrad the largest and bloodiest battle in the history of warfare.
Anna earned her master's degree in economics in Moscow. Her father at the time was employed by the Soviet embassy in Nairobi, Kenya, where he allegedly was a senior KGB agent. After her marriage to Alex Chapman, Anna became a British subject and held a British passport. For a time Alex and Anna lived in London where among other places, she worked for Barclays Bank. In 2009 Anna Chapman left her husband and London, and moved to New York City, living at 20 Exchange Place, in the Wall Street area of downtown Manhattan. In 2009, after a slow start, she enlarged her real-estate business, having as many as 50 employees. Chapman, using her real name worked in the Russian "Illegals Program," a group of sleeper agents, when an undercover FBI agent, in a New York coffee shop, offered to get her a fake passport, which she accepted. On her father's advice she handed the passport over to the NYPD, however it still led to her arrest.
Ten Russian agents including Anna Chapman were arrested, after having been observed for years, on char ~ Hank Bracker

My grandmother got her law degree from Syracuse University in roughly 1911 and later co-founded with her husband an investment banking firm on Wall Street known as Lebenthal & Co. ~ H. G. Bissinger

If the goal is to build companies that maximize long-term equity value, then optimizing corporate performance in a way that Wall Street appreciates is obviously critical to that goal. ~ Bill Gurley

Already it is twilight down in the Laredito. Bats fly forth from their roostings in courthouse and tower and circle the quarter. The air is full of the smell of burning charcoal. Children and dogs squat by the mud stoops and gamecocks flap and settle in the branches of the fruit trees. They go afoot, these comrades, down along a bare adobe wall. Band music carries dimly from the square. They pass a watercart in the street and they pass a hole in the wall where by the light of a small forgefire an old man beats out shapes of metal. They pass in a doorway a young girl whose beauty becomes the flowers about.

They arrive at last before a wooden door. It is hinged into a larger door or gate and all must step over the foot-high sill where a thousand boots have scuffled away the wood, where fools in their hundreds have tripped or fallen or tottered drunkenly into the street. They pass along a ramada in a courtyard by an old grape arbor where small fowl nod in the dusk among the gnarled and barren vines and they enter a cantina where the lamps are lit and they cross stooping under a low beam to a bar and belly up one two three.

There is an old disordered Mennonite in this place and he turns to study them. A thin man in a leather weskit, a black and straightbrim hat set square on his head, a thin rim of whiskers. The recruits order glasses of whiskey and drink them down and order more. There are monte games at tables by the wall and there are whores at another ~ Cormac McCarthy

The Dome is a metaphor that could mean anything - it could be nuclear fallout, terrorists - I've always been fascinated with stories where people's roles are flipped on their heads, be it the Wall Street guy, the techno guy, etc. All of those things are only successful when there are people and money around. ~ Mike Vogel

President Obama, inciter-in-chief, regularly used violent rhetoric to gin up the Democrats: 'If they bring a knife to the fight, we bring a gun.' He supported the most violent, seditious movements of 21st-century America (Black Lives Matter, Occupy Wall Street, Muslim Brotherhood groups, to name a few), while directing the Department of Homeland Security to track 'right-wing extremists' - in other words, Americans like you and me. ~ Pamela Geller

But it is rather derogatory that your dwelling-place should be only a neighborhood to a great city,
to live on an inclined plane.I do not like their cities and forts, with their morning and evening guns, and sails flapping in one's eye. I want a whole continent to breathe in, and a good deal of solitude and silence, such as all Wall Street cannot buy,
nor Broadway with its wooden pavement. I must live along the beach, on the southern shore, which looks directly out to sea,
and see what that great parade of water means, that dashes and roars, and has not yet wet me, as long as I have lived. ~ Henry David Thoreau

There are some who think that the government is limited in how many corruption cases it can bring against Wall Street, because juries can't understand the complexity of the financial schemes involved. But in 'U.S.A. v. Carollo,' that turned out not to be true. ~ Matt Taibbi

St Mary Magdalene church was on the left-hand side of the road, set back behind a low brick wall, well-trimmed topiary and a narrow fringe of grass studded with lichen-covered gravestones from a hundred years ago. A sign had been tied to the railings: two capital As set inside a blue triangle that was itself set within a blue circle. An arrow pointed towards the church. Milton felt a disconcerting moment of doubt and paused by the gate to adjust the lace of his shoe. He looked up and down the street, satisfying himself that he was not observed. He knew the consequences for being seen in a place like this would be draconian and swift; suspension would be immediate, the termination of his employment would follow soon after, and there was the likelihood of prosecution. He was ready to leave the service, but on his own terms and not like that. ~ Mark Dawson

It will be the proudest moment of my life leading Liverpool out. I've dreamed of this day since I was a kid, kicking a ball against the wall in the street where I lived. What could be better than leading Liverpool out for the Champions League final? Only lifting the trophy. We need everyone, all 11 players who start and the subs, to be ready to give everything. We need that mentality, when everyone has to put everything on the line for Liverpool. That is what it will take to win. We have to make sure we don't have any regrets at the final whistle. ~ Steven Gerrard

We were too late for the elevated, and walked back downtown through Hanover Street. I remember that wall. We switched from Tremont up Beacon, and Pickman left me at the corner of Joy, where I turned off. I never spoke to him again. ~ H.P. Lovecraft

How could something so seemingly insignificant give someone comfort? A ribbon in a gutter. A pinecone on the street. A button leaning casually against a classroom wall. A flat stone from the river. If nothing else, it showed that she cared, and it might give them something to talk about when Max woke up. When she was alone, she would conduct those conversations.
'So what's all this?' Max would say. 'What's all this junk?'
'Junk?' In her mind,she was sitting on the side of the bed. 'This isn't junk, Max. These are what made you wake up. ~ Markus Zusak

There are four basic human needs; food, sleep, sex and revenge. ~ Banksy

I never think about Wall Street - why should I - but to go down there so often while filming 'Working Girl,' to become acquainted with this whole different world, and to find out what goes on behind the scenes, is so interesting. There's so much of the city that you don't really bother to investigate. Ahh ... New York. ~ Sigourney Weaver

In 2008, when almost every other investor got crushed, and even the Wall Street "experts" were down by almost half, I was up 17 percent - beating the S&P Average by over 50 percent.

Reminiscences of a Stock Market Flea ~ James J. Houts

The Occupy Wall Street movement faltered when activists realized that traders were quite busy already. ~ The Covert Comic

You know what they want? They want obedient workers. Obedient workers, people who are just smart enough to run the machines and do the paperwork. And just dumb enough to passively accept all these increasingly shittier jobs with the lower pay, the longer hours, the reduced benefits, the end of overtime and vanishing pension that disappears the minute you go to collect it. And now they're coming for your Social Security money. They want your f**kin' retirement money. They want it back so they can give it to their criminal friends on Wall Street. ~ George Carlin

Yet we can be sure that whatever fictions exist in Wall Street bookkeeping, the earth is a faithful scribe, a faultless calculator, a superb bookkeeper; we will be held responsible for every bit of our economic folly. ~ Thomas Berry

The power of the big fish in general to regroup is hardly restricted to banking. When Standard Oil was broken up in 1911, the immediate effect was to replace a national monopoly with a number of regional monopolies controlled by many of the same Wall Street interests. Ultimately, the regional monopolies regrouped: In 1999 Exxon (formerly Standard Oil Company of New Jersey) and Mobil (formerly Standard Oil Company of New York) reconvened in one of the largest mergers in US history. In 1961 Kyso (formerly Standard Oil of Kentucky) was purchased by Chevron (formerly Standard Oil of California); and in the 1960s and 1970s Sohio (formerly Standard Oil of Ohio) was bought by British Petroleum (BP), which then, in 1998, merged with Amoco (formerly Standard Oil of Indiana).

The tale of AT&T is similar. As the result of an antitrust settlement with the government, on January 1, 1984, AT&T spun off its local operations so as to create seven so-called Baby Bells. But the Baby Bells quickly began to merge and regroup. By 2006 four of the Baby Bells were reunited with their parent company AT&T, and two others (Bell Atlantic and NYNEX) merged to form Verizon.

So the hope that you can make a banking breakup stick (even if it were to be achieved) flies in the face of some pretty daunting experience. Also, note carefully a major political fact: The time when traditional reformers had enough power to make tough banking regulation really work was the time when ~ Gar Alperovitz

I've laid out my economic plans. I want to grow the economy. That's why I have plans for jobs and raising incomes. I do want to go after bad actors on and off Wall Street, because I think companies that take money from federal, state, and local governments and then pick up and move should have to pay that back. ~ Hillary Clinton

On domestic policy, Donald Trump agreed with Barack Obama and Hillary Clinton on the Wall Street bailout, the TARP bailout of big bank. I think the government ought to be standing with mainstream, with working men and women. And then you put on top of that the ethical issues, whether it is refusing to release his taxes. And that's a real problem. ~ Ted Cruz

In general, great companies prefer to grow 'organically,' as Wall Street likes to say. That is, from the inside out, by finding new markets or by taking market share from their competitors. ~ Alex Berenson

The things that happen are an earthquake, another bomb in Iraq, some big jolt on Wall Street in oil prices, and then you have some new study on drought patterns from climate change. Or another little incremental improvement in photovoltaics. Where do those fit in to the daily stream? They don't. ~ Andrew Revkin