“What they didn't really notice is that as they kept making money every single year, the leverage of their various institutions was increasing every single year. They thought they were making more money because of them. But really what was happening is they were making more money because their instit…”— Steve Eisman, youtube.com
“We'll make loans to people we didn't make loans to before. Rather than get incomes up they let people lend to themselves.”— Steve Eisman, youtube.com
“Let me explain that because its not intuitively obvious how the two are connected. My thesis is that one of the underline causes of the financial crisis was dead income distribution.”— Steve Eisman, youtube.com
“No, I didn't expect that it would happen that quickly. A lot of that is the fact that the government back stopped the system.”— Steve Eisman, youtube.com
“No one is paying attention because the banks are too busy getting paid obscene fees to sell these bonds.”— Charles Randolph, Adam McKay, Jared Vennett, Ryan Gosling, amazon.com
“You guys said you wanted to get rich, now you're rich.”— Charles Randolph, Adam McKay, Ben Rickert, Brad Pitt, amazon.com
“Which means, if we're right, people lose homes, people lose jobs, people lose retirement savings, people lose pensions.”— Charles Randolph, Adam McKay, Ben Rickert, Brad Pitt, amazon.com
“I had asked the question, I got the wrong answer. How liquid were the positions? How many days can you get out? I was told ten. It was like, hundreds. I said "Oh shit, we have a problem."”— Jamie Dimon, youtube.com
“You can have work-life balance. It is your job to take care of your mind, your body, your health, your soul, your family, your friends, your health. Your job, not our job.”— Jamie Dimon, youtube.com
“Its not because they write, oh the bankers are defending their stuff. That's absolutely not true. If Bitcoin works then we'll do something there too.”— Jamie Dimon, youtube.com
“One of the most popular ways to short bitcoin is through CFDs, a derivative that mirrors the movements of the asset. It’s a contract between the client and the broker, where the buyer and seller of the CFD agree to settle any rise or drop in prices in cash on the contract date.”— Camila Russo, bloomberg.com
“Cumberland, DRW’s digital-currency unit, says it has traded more than $20 billion worth of bitcoin, ethereum and other cryptocurrencies in the past year.”— Alexander Osipovich, wsj.com
“You can’t tell me that one of the most effective guys on the floor at Wall Street isn’t an artist in his own way.”— Maynard James Keenan, forbes.com
“There’s not enough work to go around, and what there is of it won’t pay the bills – unless of course you’ve landed a job as a drug dealer or a Wall Street banker, becoming a gangster either way.”— James Livingston, aeon.co
“Another rough day on Wall Street. Good thing all of my savings are tied up in Greek municipal bonds!”— Stephen Colbert, twitter.com
“After the 2008 crisis, President Obama fought to enact the toughest, most comprehensive set of Wall Street reforms since the Great Depression. They’re designed to protect consumers and ensure that Wall Street can never again take the kinds of risks that crashed our economy the last time. So what wou…”— Hillary Clinton, medium.com
“Hedge fund and money managers are important for our pension funds and the 401( k) plans that help millions of Americans— but far less important than they think.”— Donald Trump, amazon.com