The big-ego temper tantrums of Wall Street's titans must be a concern for everyone on Wall Street. Bad behavior and manipulation of the markets must be called out by those in the industry concerned for its future.
If you think Wall Street has a short memory, you're dead wrong. No, the folks who work on Wall Street, regulate Wall Street - and, above all, invest in its wares, notably its hedge funds - don't have a bad memory. They don't have any memory at all.
I had a lot of preconceived notions going in the Wall Street. It wasn't an industry that I really respected much. My feeling was kind of like look, you're not making anything. You're taking money from one place, putting it in another and taking your cut and that's just not really kind of soul-satisfying at the end of the day, but what I learned is, on a larger scale is how much the Wall Street industry funnels and fuels so many others. There is a lot of good that these guys do, and to lump all traders into a category is as insane as lumping any group of people into one category.
All roads lead to Wall Street, but we feel the effects of Wall Street on every street corner. Certainly in Syracuse, N.Y., where I live.
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.
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.
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.
I heard governor Romney here called me an economic lightweight because I wasn't a Wall Street financier like he was. Do you really believe this country wants to elect a Wall Street financier as the president of the United States? Do you think that's the experience that we need? Someone who's going to take and look after as he did his friends on Wall Street and bail them out at the expense of Main Street America.
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.
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.
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.
I have had players who are good, and who know they are good; I have had players who are bad and
know they are bad; I have had players who are good, but who don't know they are good; I have had
players who are bad, but who don't know they are bad. It is this last group that has won more games for
me than the first three groups combined.
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.
I think any time you couple the term "Wall Street" with "bailout" or something like that, you know - I don't like what's going on in Wall Street.
My impression of Wall Street growing up was certainly that it was like the big, bad place where all of the men did the bad things with our money.
The financial services industry has seemed to treat the crisis like a little rainfall - inconvenient, but no significant changes needed. The real question moving forward is how the industry will respond to Wall Street reform and growing public anger.