Posts Tagged ‘investment’

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Matt Taibbi: Goldman Sachs Squid

Posted by admin on Wednesday, May 31, 2017

Matt Taibbi Money Quote saying the investment bank finds all sources of cash to find ways to exploit wherever they exist around the world. Matt Taibbi said:

The first thing you need to know about Goldman Sachs is that it’s everywhere. The world’s most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money
— Matt Taibbi

Elayne Boosler: Banks Robbed Homes

Posted by admin on Tuesday, March 28, 2017

Elayne Boosler Money Quote saying investment banks robbed homes of investors and got arrested, but were let go if they returned tiny portion of what they looted. Elayne Boosler said:

Basically, many banks (including the investment firm of Charles Schwab) essentially robbed the entire contents of our homes: dishes, furniture, electronics, family photos, your grandmother’s apron, everything. When caught by the police (the SEC), the thieves were asked to return only a toaster
— Elayne Boosler

Betsy DeVos: Expect Return on Investment

Posted by admin on Tuesday, January 10, 2017
Devos Contribution Equals Confirmation Math

Steve Sack
The Minneapolis Star Tribune

Betsy DeVos Money Quote saying Her family is the biggest donor to the Republican National Committee and she wants, and definitely got – influence in return for that financial investment. Betsy DeVos said:

My family is the largest single contributor of soft money to the national Republican party.
I have decided, however, to stop taking offense at the suggestion that we are buying influence. Now, I simply concede the point. We expect a return on our investment
Betsy DeVos

Rana Foroohar: Earnings Over Innovation

Posted by admin on Wednesday, July 6, 2016

Rana Foroohar Money Quote saying business leaders prefer financial results above investing in product innovation. Rana Foroohar said:

80 percent of CEOs surveyed in one study said they’d pass up making an investment that would fuel a decade’s worth of innovation if it meant they’d miss a quarter of earnings results
— Rana Foroohar

Rana-Foroohar-Makers-Takers-Book-Cover
Buy the Book

Warren Buffett: Wall Street Salesmanship

Posted by admin on Sunday, May 1, 2016

Warren Buffett Money Quote saying sales of investment vehicles makes more money for Wall Street than the investments make. Warren Buffett said:

There’s been far, far, far more money made by people in Wall Street through salesmanship abilities than through investment abilities
— Warren Buffett

Michio Kaku: Investment Banking Massage

Posted by admin on Monday, January 25, 2016

Michio Kaku Money Quotation saying theoretical physics creates new technology as opposed to investment banking, which simply moves money around. Michio Kaku said:

I have nothing against investment banking, but it’s like massaging money rather than creating money
— Michio Kaku

Mark McKinnon: Just Burn That Money

Posted by admin on Saturday, December 12, 2015

Mark McKinnon, former adviser to President George W. Bush in a politics Money Quote saying presidential campaign ads are not having a significant impact in voter polls and the money spent is almost entirely wasted. Mark McKinnon said:

There’s just very little return on media dollars anymore in politics because people just don’t believe political advertising. They’re just demanding authenticity and something that they think is real, and they know that advertising is not real. So those are – you might as well just burn that money. It’d be a better investment
— Mark McKinnon

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Craig Holman on Congressional Investment Returns

Posted by admin on Tuesday, September 2, 2014

Craig Holman Money Quotation suggesting members of congress could be getting higher returns on investments due to insider information from corporate lobbyists. Craig Holman said:

Congressional stock holders have a greater return on investment than the average American, Either they are geniuses on the stock market or they know something that we don’t. I suspect the latter
— Craig Holman

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