A Quote by Matt Taibbi

To Wall Street, a firm like BP isn't just a profitable energy company with lots of assets like oil rigs and pipelines and gas stations - it's also a corporation that routinely borrows hundreds of millions of dollars to keep its business up and running.
In 1979 I teamed up with my friend and business partner, Bill DeWitt, and together we formed an oil and gas company that invested through limited partnerships in oil and gas exploration.
One lesson I got from Gandhi, 'Be the change you want to see,' haunts me. I just feel like I can't keep stomping around pointing the finger at BP when I am supporting the oil industry with my very own dollars and actions by buying their products, helping to pay their mortgage - plastic is from oil... polyester, shower curtains.
All over the world, I do business. I make great deals. I've made hundreds of millions of dollars against China. All over the world I make money and I build great things. Who's going to build a wall like me on the southern border? I built a great company.
Once Wall Street starts putting money into Bitcoin - we're talking about hundreds of millions, billions of dollars moving in - it's going to have a pretty dramatic effect on the price.
'Nobody goes to jail.' This is the mantra of the financial-crisis era, one that saw virtually every major bank and financial company on Wall Street embroiled in obscene criminal scandals that impoverished millions and collectively destroyed hundreds of billions, in fact, trillions of dollars of the world's wealth - and nobody went to jail.
A company that was I think the one I learned the most from in Wall Street 2, just in terms of my own character in and the kind of firm he worked in, was John Thomas Financial. There it's like warriors in an arena getting ready for battle. Thomas Belesis just fires these guys up like there is no tomorrow, and I absolutely got addicted to that optimism and adrenaline and that "We're going to do it, we're going to do it, buddy" kind of attitude that he had.
BP wants Twitter to shut down a fake BP account that is mocking the oil company. In response, Twitter wants BP to shut down the oil leak that's ruining the ocean.
Oil futures were originally created to give heating oil dealers, gas retailers, aviation companies and other businesses a method of hedging against adverse price changes. Instead, they've become just another Wall Street plaything.
If you ask the average person on the street about U.S. energy and U.S. oil in particular, our situation, most Americans would say, 'Oh, we're energy poor; we don't have enough oil; we don't have enough natural gas.'
Delayed energy projects and regulatory hurdles to domestic oil production not only cost the United States economy billions of dollars and millions of jobs, but they also stand in the way of an elusive goal: true American energy security.
If we choose to keep those tax breaks for millionaires and billionaires, if we choose to keep a tax break for corporate jet owners, if we choose to keep tax breaks for oil and gas companies that are making hundreds of billions of dollars, then that means we've got to cut some kids off from getting a college scholarship.
The people see that Wall Street is running our economic policy, that big oil is running our energy policy and the military industrial complex is determining our foreign policy.
Managing the other fellow's business is a fascinating game. Trade unionists all over the country have pronounced ideas for the reform of Wall Street banks; and Wall Street bankers are not far behind in giving plans for the tremendous improvement of trade union policies. Wholesalers have schemes for improving the retailer; the retailer knows just what is wrong in the conduct of wholesale business-and we might go through a long list.... Yet for some reason the classes that ought to be helped keep on stubbornly clinging to their own method of running their affairs.
Artificial intelligence is here and being rapidly commercialized, with new applications being created not just for manufacturing but also for energy, healthcare, and oil and gas. This will change how we all do business.
The BP spill was the greatest environmental catastrophe in U.S. history. Yet somehow, gas companies like BP and Halliburton ran interference on reporting that story.
Civilization is in no immediate danger of running out of energy or even just out of oil. But we are running out of environment-that is, out of the capacity of the environment to absorb energy's impacts without risk of intolerable disruption-and our heavy dependence on oil in particular entails not only environmental but also economic and political liabilities.
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