A Quote by Matt Taibbi

An unregulated derivatives market essentially gives Wall Street a way to place hidden taxes on everything in the world.

Matt Taibbi

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Derivatives Essentially Everything Gives Hidden Market Place Street Taxes Wall Wall Street Way World

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Matt Taibbi
American - Author
Born: March 2, 1970

With the derivatives market larger than ever, we need way more regulation of Wall Street, not less.

Adam McKay

Occupy Wall Street means making Wall Street and the corporate power elite understand that the people affected by the binge of unregulated greed are not going away, and they are not going to give up.

Dana Spiotta

My hope is that the film Wall Street 2 will actually serve as a way for us to bridge that gap between Wall Street and Main Street. Certainly that's dealt with in the film of how it does affect everybody, so, you know, I always find that when you can create a movie or a play or a book that gives somebody a safe theoretical place to discuss what is really going on in the day it tends to forward discussion, so that would be my hope coming out of the film.

John Buffalo Mailer

You can't manage Wall Street. Wall Street has its own viewpoints on everything. I have always believed, if you manage your business correctly, Wall Street will take care of itself.

Ross Levinsohn

The idea of a financial transaction tax on Wall Street trades is gaining momentum. I have a bill called - nicknamed the Robin Hood tax also. It's a bill that taxes stock trades, derivatives and bonds, and would generate in the neighborhood of $300 billion a year.

Keith Ellison

The model used by Wall Street to price trillions of dollar's worth of derivatives thought of the financial world as an orderly, continuous process. But the world was not continuous; it changed discontinuously, and often by accident.

Michael Lewis

Wall Street can be a dangerous place for investors. You have no choice but to do business there, but you must always be on your guard. The standard behavior of Wall Streeters is to pursue maximization of self-interest; the orientation is usually short term. This must be acknowledged, accepted, and dealt with. If you transact business with Wall Street with these caveats in mind, you can prosper. If you depend on Wall Street to help you, investment success may remain elusive.

Seth Klarman

If you like what Wall Street did for the housing market, you'll love what Wall Street is doing for commodities. Goldman's ability to influence any portion of the price for a key component of the industrial economy is simply unacceptable.

Carl Levin

You could not possibly maintain the current level of government taxation without the taxes being hidden, and they are hidden in two very different ways. They are hidden through withholding, but they are also hidden by being imposed on business, supposedly on business, when really, of course, business can't pay taxes, only people can pay taxes.

Milton Friedman

Wall Street shouldn't be deregulated. I think Wall Street and Main Street need to play by the same set of rules. The middle-class can't carry the burden any longer, that is what happened in the last decade. They had to bail out Wall Street.

Stephanie Cutter

What Wall Street is, they're market makers. Wall Street's business model is making money on velocity of money. They're a click industry. That's what Wall Street is. They make a lot of money when there's a lot of turnover. And they make a lot of money when that velocity is fast.

Laurence D. Fink

I've never been on Wall Street. And I care about Wall Street for one reason and one reason only because what happens on Wall Street matters to Main Street.

Ben Bernanke

WALL STREET, n. A symbol for sin for every devil to rebuke. That Wall Street is a den of thieves is a belief that serves every unsuccessful thief in place of a hope in Heaven.

Ambrose Bierce

Wall Street owns the country. It is no longer a government of the people, for the people and by the people, but a government for Wall Street, by Wall Street, and for Wall Street. The great common people of this country are slaves, and monopoly is the master…Let the bloodhounds of money who have dogged us thus far beware.

Mary Elizabeth Lease

Change the way we fund campaigns. Until we do, Wall Street will always be able to blackmail the Dems and GOP to giving them what Wall Street wants.

Lawrence Lessig

No man can control Wall Street. Wall Street is like the ocean. No man can govern it. It is too vast. Wall Street is full of eddies and currents. The thing to do is to watch them, to exercise a little common sense, and … to come out on top.

Jay Gould

A Quote by Matt Taibbi

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