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Quotes from Alex Berenson

Climate change might be disastrous, but does that mean we want carbon taxes that raise the price of a gallon of heating oil to $10? And how exactly will those taxes affect economic growth?
~ Alex Berenson
Downhill track sports like luge are technology battles, as exciting as a NASCAR qualifying day.
~ Alex Berenson
Whatever the potential pitfalls, banks are increasingly enthusiastic about venture capital, particularly in new companies with strong prospects in fields like health care and technology.
~ Alex Berenson
The Fed's ability to raise and lower short-term interest rates is its primary control over the economy.
~ Alex Berenson
As they grow, companies saturate their markets, become more complex and difficult to manage, and face larger and more entrenched competitors.
~ Alex Berenson
Also, most people read fiction as an escape - and I wonder whether my books aren't a bit too grounded in reality to reach the widest possible audience.
~ Alex Berenson
Evidence of defendants' lavish lifestyles is often used to provide a motive for fraud. Jurors sometimes wonder why an executive making tens of millions of dollars would cheat to make even more. Evidence of habitual gluttony helps provide the answer.
~ Alex Berenson
African runners regularly work out in the United States and Europe, and the International Olympic Committee sends some of the cash from the Games to Olympic committees in poor nations, which use the money to finance their own programs.
~ Alex Berenson
It has been said that the Fed's job is to take the punch bowl away just as the party gets going, raising interest rates when the economy is growing too fast and inflation threatens.
~ Alex Berenson
Enron Field in Houston, the Trans World Dome in St. Louis and PSINet Stadium in Baltimore are just three of the modern-day coliseums named for companies that have found new homes in bankruptcy court.
~ Alex Berenson
The most distinguishing element of my novels is that I try as hard as I can - within the context of a popular commercial thriller - to make them feel authentic. Drawing on real locations and real events is part of that authenticity.
~ Alex Berenson
In general, investors prefer companies to reward executives for producing recurring income, not one-time gains.
~ Alex Berenson
Higher productivity enables companies to increase sales without adding workers. Even if job markets tighten and wages rise, corporate profits can continue to climb as long as worker productivity is growing faster than overall wages.
~ Alex Berenson
Many legal experts note that prosecutors regularly seek indictments of people or companies for destroying evidence or impeding investigations, even if they cannot prove other charges.
~ Alex Berenson
Robert M. Morgenthau, the Manhattan district attorney, has seen a few financial schemes in his time. As the lead local prosecutor in the world's financial capital, he has battled frauds like the Bank of Credit and Commerce International, which stole billions of dollars from investors worldwide.
~ Alex Berenson
Institutions like mutual funds often worry that if they disclose their plans to buy a stock, copycats will move quickly and drive up the stock before the purchase is completed.
~ Alex Berenson
In Ghazalia, Mr. Hussein showed his contempt for the majority Shiites in ways large and small. He refused to allow them even one mosque, while the Sunnis had nearly a dozen. To worship, the Shiites had to cross an inconveniently located bridge over the sewage canal to Shula.
~ Alex Berenson
Like many other banks and finance companies, Green Tree used a process called securitization to resell its home loans to outside investors. Green Tree grouped thousands of these small loans into a pool worth hundreds of millions of dollars.
~ Alex Berenson
Benefits are rarely made public in filings with the Securities and Exchange Commission, where companies must report the pay and options that their five highest-paid executives receive.
~ Alex Berenson
Would-be drug companies must either produce medicines that stand up to federal scrutiny, demonstrate that their data has value to other companies, or go out of business.
~ Alex Berenson
Predicting the market is always tough.
~ Alex Berenson
The lower spreads mean lower costs for investors, because Nasdaq investors generally do not trade directly with one another. Instead, they usually buy and sell from market-makers, brokerage firms that flip shares between buyers and sellers and keep the spread for themselves.
~ Alex Berenson
Publicly traded United States companies report sales and profits to investors every quarter.
~ Alex Berenson
The details of the personal expenses that executives put on the company tab often are not known because loopholes in federal disclosure rules let publicly traded companies generally avoid disclosing the perks they give executives along with pay and stock options.
~ Alex Berenson