"Why is it possible to rescue S&L buccaneers in the early '90s and provide guidance to levered Wall Street investment bankers during the 1998 long-term capital management crisis, yet throw 2 million homeowners to the wolves in 2007?"

-- Bill Gross

#Wall Quotes #Long Quotes #Bankers Quotes

“No family is perfect, and that's true. None of us are.”
“The only thing that's holding you back, is the way you're thinking.”
“The EPA's greenhouse gas regulations, along with a host of other onerous regulations, are unnecessarily driving out conventional fuels as part of America's energy mix. The consequences are higher energy prices for families and a contraction of our nation's economic growth.”
“Most people would agree that the details matter when it faces the user. But where the real debate is on things that don't face the user.”
“I'm a very research-, homework-oriented person.”
“The blind pursuit of learning leads to excessive desiresâ€”the more you see, the more you want. Excessive desires, in turn, lead to anxiety and misery.”

Source : Derek Lin (2006). “Tao Te Ching”, p.40, SkyLight Paths Publishing
“If our courts lose their authority and their rulings are no longer respected, there will be no one left to resolve the divisive issues that can rip the social fabric apart ... The courts are a safety valve without which no democratic society can survive.”
“Whenever I allow anything but tenderness and compassion to dictate my response to life--be it self-righteous anger, moralizing, defensiveness, the pressing need to change others...I am alienated from my true self. My identity as Abba's child [a child of God] becomes ambiguous, tentative and confused”

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