A Quote by Ron Chernow

In the 1920s, Wall Street was a world that was really dominated by professional speculators and stock pools. These people had a monopoly over information.

Ron Chernow

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Dominated Had Information Monopoly Over People Professional Really Speculators Stock Street Wall Wall Street World

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Ron Chernow
American - Author
Born: March 3, 1949

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

Nowhere does history indulge in repetitions so often or so uniformly as in Wall Street. When you read contemporary accounts of booms or panics, the one thing that strikes you most forcibly is how little either stock speculation or stock speculators today differ from yesterday. The game does not change and neither does human nature.

Edwin Lefevre

Ive been on Wall Street once in my life in 1980 as a tourist. I went to see the stock exchange when I was 18 years old. Im not a Wall Street lawyer, Im a Stanwix Street lawyer. Stanwix Street is a street in downtown Pittsburgh.

Keith Rothfus

A collapse in U.S. stock prices certainly would cause a lot of white knuckles on Wall Street. But what effect would it have on the broader U.S. economy? If Wall Street crashes, does Main Street follow? Not necessarily.

Ben Bernanke

If I have noticed anything over these 60 years on Wall Street, it is that people do not succeed in forecasting what`s going to happen to the stock market.

Benjamin Graham

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

End perverse incentives that reward Wall Street speculators.

Ralph Nader

... the loss of public confidence in the financial community growing out of its own conduct in recent years. I insist that more damage has been done to stock values and to the future of equities from inside Wall Street than from outside Wall Street.

Benjamin Graham

Wall Street has come a long way from the insider-dominated world that was blown apart by the Great Depression.

James Surowiecki

The stock market goes nuts over any company that so much as mentions the word Internet. All this proves to me is that the boneheads on Wall Street are as dumb as they were in college when they had to switch their majors to business to keep from flunking out.

John C. Dvorak

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.

Rick Santorum

What's the best gamble in the world, right now? Its betting that Deutsche Bank stock is going to go down. Short sellers borrowed money from their banks to place bets that Deutsche Bank stock is going to go down. Now, it's wringing its hands and saying, "Oh the speculators are killing us." But it's Deutsche Bank and the other banks that are providing the money to the speculators to bet on credit.

Michael Hudson

We ought to say, "Occupy Wall Street, not Iraq," "Occupy Wall Street, not Afghanistan," "Occupy Wall Street, not Palestine." The two need to be put together. Otherwise people might not read the signs.

Arundhati Roy

Look at what's happening between Main Street and Wall Street. The stock market index is up 136 percent from the bottom. Middle class jobs lost during the correction: six million. Middle class jobs recovered: one million. So therefore we're up 16 percent on the jobs that were lost. These are only born-again jobs. We don't really have any new jobs, and there's a massive speculative frenzy going on in Wall Street that is disconnected from the real economy.

David Stockman

Establishing a 0.03 percent Wall Street speculation fee, similar to what we had from 1914-1966, would dampen the dangerous level of speculation and gambling on Wall Street, encourage the financial sector to invest in the productive economy and reduce the deficit by more than $350 billion over 10 years.

Bernie Sanders

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

A Quote by Ron Chernow

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