Quotes About Wall Street

The old Wall Street adage "never invest in anything that eats or needs repairs" may apply to racehorses, but it's malarkey when it comes to houses.

From the White House to Capitol Hill, from the diplomatic corps to the national security establishment to the executive suites of Wall Street and Silicon Valley, American elites have sold the rope that will hang us to Beijing.

In 2005 two thirds of the mortgages contained in Lehman's issuance of $133 billion in MBS/CDO were sourced from its own subprime loan originators. A top Wall Street name was scraping the very bottom of the credit barrel.

Banks are slowly but surely lending again, and never again will taxpayers foot the bill for Wall Street's excesses. In case we forgot, that was the change we believed in. That was the change we fought for. That was the change President Obama delivered.

For most of Wall Street's history, stock trading was fairly straightforward: buyers and sellers gathered on exchange floors and dickered until they struck a deal.

These CEOs are scary. I walk past a gang banger; I don't even flinch. But I see a white dude with a Wall Street Journal, I haul ass. Cutting through the projects, you might lose what you have on you that day, but I ain't never been mugged of my future. No thug ever said, "Give me your 401K. I want your college fund, your IRA. I want it all."

P&G is known on Wall Street as a firm which takes a long-term view of its brand profitability.

Fifty years passed between the scandals of the 1920s and their counterparts in the 1980s. If Wall Street escapes another major threat to its integrity for even half as long, the crackdown that culminated in Milken's conviction will have proven of historic value.

An indifferent student at Groton, Harvard College, and Columbia Law, Franklin ostensibly was following an expected path for a member of the privileged class by joining an old, conservative Wall Street law firm.

I've been in and out of Wall Street since 1949, and I've never seen the type of animosity between government and Wall Street. And I'm not sure where it comes from, but I suspect it's got to do with a general schism in this society which is really becoming ever more destructive.

Part of this country's problem is that people from New York City - Wall Streeters - don't think about the little guy who can't afford things.

We never did these kinds of loans that really started this mess, the subprime loans. We just never got into that business. We were enticed a lot of times to do so by a lot of Wall Street-type players, but I, frankly, never understood some of this stuff.

It's important to choose initial investors who are not twitchy and rushing for an exit. Wall Street's quarter-by-quarter lens may make the CEO make sub-optimal long-term decisions.

The problem is we have a Wall Street-to-Washington access of power that has controlled the political climate. The donor class feeds the political class who does the dance that the donor class wants. And the result is federal government keeps getting bigger.

Wall Street people learn nothing and forget everything.

It's no secret that big institutional investors have a lot of advantages on Wall Street. They get the first chance to buy hot initial public offerings. They get to meet in person with companies' managements.

I loved working on Wall Street. I loved the meritocracy of it and the camaraderie of the trading floor.

The vast majority of the people employed by Wall Street are the secretary who goes in to work on the Long Island Rail Road, who makes fifty, sixty, seventy thousand dollars a year.

We will keep the promise of Social Security by taking the responsible steps to strengthen it - not by turning it over to Wall Street.

While Wall Street firms typically underwrite offerings in teams, the lead underwriter, or manager, of the offering has primary responsibility for selling the offering and reaps much of the fees and profit.

The Occupy Wall Street protests are shining a national spotlight on the most powerful, dangerous and secretive economic and political force in America.

Sharia has become an increasingly significant force in American capitalism, thanks to the embrace by Wall Street and the U.S. government of so-called Sharia-Compliant Finance. Indeed, this country's taxpayers now own the largest purveyor of sharia-compliant insurance products in the world: AIG.

Over the next decade, there will be disruption as significant as the Internet was for publishing, where blockchain is going to disrupt dozens of industries, one being capital markets and Wall Street.

Barack Obama is Occupy Wall Street. Barrack Obama is plugged into that world. That's what he believes.