Showing 10 of 11 quotes
Before Enron, I think people were a bit more naive about the way things worked, and I think Enron pulled the curtain back on unsavoury practices that turned out to be a lot more widespread. ”
Privatization of assets that most of us consider public goods - like airports and highways - has a long, often-uncontroversial history. ”
What's good for the financial industry probably isn't good for you. ”
Capital isn't this pile of money sitting somewhere; it's an accounting construct. ”
Proponents of privatization argued that cities and states needed private capital to fund all the upgrades that our decaying infrastructure so desperately needed. ”
Home ownership was the fig leaf for the rise in subprime lending. But that was really about cash-out refinancings, not buying homes. ”
Google worries - and rightly so - about how hard it is for a big company to come up with the next hot thing. ”
When Warren Buffett invests in a company, he is conferring upon that company something very unique: his credibility. ”
The worst story I ever wrote was after the conviction of Jeff Skilling and Ken Lay. My co-author and I wrote a piece for 'Fortune' saying everything's going to be different now. ”
In capital we trust. Capital is our savior, our holy grail, our fountain of youth, or at least health, for banks. ”