A Quote by John Catsimatidis

What transpired at Semgroup was no less than a $500 billion fraud on the people of the world.

John Catsimatidis

Quote Topics

Billion Fraud Less People Than World

Quote Author

John Catsimatidis
Greek - Businessman
Born: September 7, 1948

We've got the emPHAsis on the wrong sylLAble when it comes to crime in this country. The FBI says burglary and robbery cost U.S. taxpayers $3.8 billion annually. Securities fraud alone costs four times that. And securities fraud is nothing to the cost of oil spills, price-fixing, and dangerous or defective products. Fraud by health-care corporations alone costs us between $100 billion and $400 billion a year. No three-strikes-and-you're-out for these guys. Remember the S&L scandal? $500 billion.

Molly Ivins

At the beginning of the 20th century, there were less than 3 billion people on the earth, closer to 2 billion. By all measures that we can come up with right now,. with the lifestyle and consumption pattern of the Western industrial civilization, we can probably sustain about 2 billion people on this earth. We already have over 6 billion. China and India are aspiring to come on as industrial nations, aspiring to the lifestyle of the Western world, and it simply can't happen.

Edgar Mitchell

Roadside bombs that Iran sent to Iraq to blow up over 500 American soldiers cost a lot less than $1.7 billion.

Tom Cotton

Mother Earth is in pain and ailing - bglobal warming. The world is dealing with issues of immigration, deindustrialization, and poverty. When I was born, there were 2.5 billion people living on the whole planet. Now there are 2.5 billion people living on less than $2 a day. That's the kind of reality we have to deal with.

Danny Glover

An elite group of less than a billion people now take more than 80 per cent of the world's wealth.

John Pilger

The world has 6 billion people and counting. We need to help 500 million people become better leaders so that billions can benefit.

John P. Kotter

We have three billion people, half the world's population today, living on less than two dollars a day.

James Wolfensohn

We aren't leveraging this great economic engine, the strongest economy in the world. And yet we have this totally weak response. We import $500 billion a year more in products than we export.

Jennifer Granholm

For half of the world's population, roughly three billion people around the world living on less than two dollars a day, an election is at best a means, not an end; a starting point, not deliverance. These people are looking less for an "electocracy" than for the basic elements that for most of us define a decent life--food, shelter, electricity, basic health care, education for their children, and the ability to make their way through life without having to endure corruption, violence, or arbitrary power.

Barack Obama

There are a billion people in China. It's not easy to be an individual in a crowd of more than a billion people. Think of it. More than a billion people. That means even if you're a one-in-a-million type of guy, there are still a thousand guys exactly like you.

A. Whitney Brown

Roughly two billion people participate in the money economy, with less than half of those living in the wealthy countries of the developed world. These affluent 800 million, however, account for more than 75 percent of the world's energy and resource consumption, and also create the bulk of its industrial, toxic, and consumer waste.

Stuart L. Hart

There are 7 billion people in the world, and 5.1 billion of them have a cell phone, and 4 billion have a toothbrush.

Chuck Martin

When I was born, the world's population was 3.5 billion. There are now 6.8 billion people on the planet. By 2050, that's expected to rise to 9.4 billion. What's more, the Earth's resources aren't growing; they're decreasing - and rapidly.

Lewis Gordon Pugh

Today, if you look at financial systems around the globe, more than half the population of the world - out of six billion people, more than three billion - do not qualify to take out a loan from a bank. This is a shame.

Muhammad Yunus

Fraud will always exist. Enforcement of anti-fraud laws is a useful deterrent, but in the end there's no substitute for investor vigilance. Government regulations provide a false sense of security - and that's worth less than no sense of security at all.