29 Quotes About Wall Street

Love is like stocks, if you don't want to suffer loss quickly, you better diversify! Unknown

That City of yours is a morbid excrescence. Wall Street is a morbid excrescence. Plainly it's a thing that has grown out upon the social body rather like -- what do you call it? -- an embolism, thrombosis, something of that sort. A sort of heart in the wrong place, isn't it? Anyhow -- there it is. Everything seems obliged to go through it now; it can hold up things, stimulate things, give the world fever or pain, and yet all the same -- is it necessary, Irwell? Is it inevitable? Couldn't we function economically quite as well without it? Has the world got to carry that kind of thing for ever?" What real strength is there in a secondary system of that sort? It's secondary, it's parasitic. It's only a sort of hypertrophied, uncontrolled counting-house which has become dominant by falsifying the entries and intercepting payment. It's a growth that eats us up and rots everything like cancer. Financiers make nothing, they are not a productive department. They control nothing. They might do so, but they don't. They don't even control Westminster and Washington. They just watch things in order to make speculative anticipations. They've got minds that lie in wait like spiders, until the fly flies wrong. Then comes the debt entanglement. Which you can break, like the cobweb it is, if only you insist on playing the wasp. I ask you again what real strength has Finance if you tackle Finance? You can tax it, regulate its operations, print money over it without limit, cancel its claims. You can make moratoriums and jubilees. The little chaps will dodge and cheat and run about, but they won't fight. It is an artificial system upheld by the law and those who make the laws. It's an aristocracy of pickpocket area-sneaks. The Money Power isn't a Power. It's respectable as long as you respect it, and not a moment longer. If it struggles you can strangle it if you have the grip.. You and I worked that out long ago, Chiffan.."When we're through with our revolution, there will be no money in the world but pay. Obviously. We'll pay the young to learn, the grown-ups to function, everybody for holidays, and the old to make remarks, and we'll have a deuce of a lot to pay them with. We'll own every real thing; we, the common men. We'll have the whole of the human output in the market. Earn what you will and buy what you like, we'll say, but don't try to use money to get power over your fellow-creatures. No squeeze. The better the economic machine, the less finance it will need. Profit and interest are nasty ideas, artificial ideas, perversions, all mixed up with betting and playing games for money. We'll clean all that up.."" It's been going on a long time, " said Irwell."All the more reason for a change, " said Rud. H.G. Wells

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

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

You know what happens at any magic show? When the magician says ‘look here, look here, ’ the audience looks only there and nowhere else. And that’s exactly what happened at the earnings conference today. Ali Sheikh

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

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

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. Unknown

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. Unknown

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. Unknown

On Wall Street, Clarence was a diamond in a sea of glass, never greedy, never an ambulance-chaser, never the kind of person who deserved to die in the way that he did. Rebecca McNutt

In a society governed passively by free markets and free elections, organized greed always defeats disorganized democracy. 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

In order to remain undead, I must steal the life force of someone whose fate matters less to me than my own.' I've always supposed that Wall Street traders utter essentially the same sentence. Thomas C. Foster

This is a nation of inconsistencies. The Puritans fleeing from oppression became oppressors. We fought England for our liberty and put chains on four million of blacks. We wiped out slavery and our tariff laws and national banks began a system of white wage slavery worse than the first. Wall Street owns the country. It is no longer a government of the people, by the people, and for the people, but a government of Wall Street, by Wall Street, and for Wall Street. The great common people of this country are slaves, and monopoly is the master. . Mary Lease

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

The only inexplicable aspect of the process was that economic theory (which is, after all, what economics students were supposed to know) served almost no function in an investment bank. The bankers used economics as a sort of standardized test of general intelligence. Unknown

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. Unknown

You are either on Wall Street or you’re a bum and there’s nothing in between. Katya G. Cohen

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

Corruption, ' Jordan Belfort believes, 'is endemic to human being. I mean, even men in monasteries - where enticement is hard to come by — even men in those circumstances have sex with other men and abuse children. Look at the Catholic Church! Man is an imperfect animal and he is corruptible, okay? And in finance, the liquid nature of the market makes corruption very easy. On Wall Street, this liquidity is so in your face -' he suddenly grits his teeth - 'that if you have even the slightest predisposition to the dark side, you become corrupted. In addition to which, those attracted to Wall Street have a predisposition to greed. Antonella GambottoBurke

Brad Green, almost overnight, became the poster boy for the common Wall Street tale - proving once again that greed, most definitely, kills. Giving away about 99% of his fortune was also front page news, but Green barely blinked at having to scrape by with only $200 million. The government seized all five of his homes, his three boats, two jets, a helicopter, 14 cars, and all of his assets except the $200 million he stashed for a rainy day in an offshore bank account. Phil Wohl

If your portfolio is made up of the investments that you have made in the lives of people, you will have amassed a wealth so vast that all the portfolios that will ever float the trading floor on Wall Street would, by comparison, be reckoned as nothing. And if by chance we dared to live by this truth, we would in fact would love like none other. Craig D. Lounsbrough

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

In the days following the crash, an axiom as old as the Republic came into play once more. In good times Wall Street wanted Washington to leave it alone. In bad times it wanted Washington to act. Haynes Johnson

The rest is just slow diminution and loss. A waning of the full and effulgent moon of my youth. Not that the bright light of my youth was anything to be proud of. I was a terrible person. I did unkind and sometimes illegal things. I treated women abominably. The remembrance of it causes me to flush with shame and to feel a tightening in my groin. It was a radiance without warmth, and I thought of nothing but myself in the brightness of the light. Now I try never to think of myself. I try not to think at all, not to dwell, but, sometimes, late at night, it all comes back to me, and I lose myself in the life that might have been, the wife of twenty years, her comforts and distractions. The fractious children, raucous at the holidays, with their tattoos you asked them not to get and their lacrosse sticks they play with in the house, stringing and restringing them, the trips to Paris to stay at the Lutetia. Photograph albums of a life that never quite came to be. It doesn’t last long when it comes, but it is vivid, and I am there, not here, not here where I belong. When you lose everything, you don’t die. You just continue in ordinary pants with nothing in your pockets. Robert Goolrick