A Quote by Sergio Ermotti
In 1987, Merrill Lynch asked me to open a Swiss capital markets operation. I was 27. In hindsight, I was lucky enough to start a business from scratch. And I mean from zero - no offices, even, just a space with walls between different areas. We decided to tear down the walls.
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The walls between old allies on either side of the Atlantic cannot stand. The walls between the countries with the most and those with the least cannot stand. The walls between races and tribes; natives and immigrants; Christian and Muslim and Jew cannot stand. These now are the walls we must tear down. We know they have fallen before.
So Merrill Lynch has launched its first campaign in years to advertise the accomplishments of its investment banking business. The ads feature things like Merrill's recapitalization of Sierra Pacific. I guess including "helping Enron achieve its earnings goals in 1999" might be a little awkward given that Merrill Lynch bankers are currently on trial in Houston for that "accomplishment."
Watch the walls come down, whether it's in the South or on Wall Street. When the walls come down, what do we find? More markets, more talent, more capital and growth. Which means that the race and sex discrimination stunt economic growth. It's not good for capitalism. It's not good for America's growth. And it's not morally right.
I was in the equity-trading department at Merrill Lynch. I was there in 1987 when the market crashed.
We should always be trying to tear down the walls and say, 'I'm no different than you.'
'The Karate Teen' was great, where John Cena kicked me through four walls, or five walls. It was amazing how the film unit put that together. They literally strapped me to a chair and dragged me through five different set walls.
I can only build if I tear the walls down, even if it breaks me I won't let it make me frown, I'm falling but no matter how hard I hit the ground, I'll still smile
My low point was after being reorganized out of running Merrill Lynch. That dismissal deeply contradicted my sense of fairness, since, at the time, my team and I had done what we were brought in to do: We had turned Merrill Lynch around from the depths of the financial crisis.
I would describe our band "Paper Walls' growth as the natural evolution for anyone the age of 25 to 27, but with "Paper Walls' we focused on the best of what Yellowcard had to offer from our previous work. Meaning we took the energy we had from Ocean Avenue and blended that with that sharp rock edge and all the different sonic evolutions we have on "Lights and Sounds', and we basically mashed them together. So what we have on "Paper Walls' is basically the finest Yellowcard sounds we have to offer.
I realized that it's all really one, that John Lennon was correct. We utilize the music to bring down the walls of Berlin, to bring up the force of compassion and forgiveness and kindness between Palestines, Hebrews. Bring down the walls here in San Diego, Tijuana, Cuba.
We create these walls between fact and fiction, but often the difference between the two is as little as that between a real name and a pseudonym. So I'm not sure about those walls - certainly not in the realm of visual arts.
For seven years after college, I was a waitress at the Buttercup Bakery in Berkeley, and from there I got a job at Merrill Lynch as an account executive, from where I went to vice president of investments for Prudential-Bache Securities. I started my own firm in 1987.
Walls protect and walls limit. It is in the nature of walls that they should fall. That walls should fall is the consequence of blowing your own trumpet.
In Asia, a lot of successful economies that had been living on their own saving, decided to open up their financial markets to international capital in the early 1990s. So here were countries doing quite well, but they decided to borrow a bit more and do even better.
In Asia, a lot of successful economies that had been living on their own saving, decided to open up their financial markets to international capital in the early 1990s. So here were countries doing quite well, but they decided they'd borrow a bit more and do even better.
I have been asked what I mean by my word of honor. I will tell you. Place me behind prison walls - walls of stone ever so high, ever so thick, reaching ever so far into the ground - there is the possibility that in some way or another I may escape; but stand me on the floor and draw a chalk line around me and have me give my word of honor never to cross it. Can I get out of the circle? No. Never! I'd die first!
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