A Quote by Sumner Redstone

Murdoch paid too much for the Wall Street Journal even when he didn't have any competition. — © Sumner Redstone
Murdoch paid too much for the Wall Street Journal even when he didn't have any competition.
The reason we have not gone to newspapers is because its a slow growth industry and I think they are dying. I'm not sure there will be newspapers in 10 years. I read newspapers every day. I even read Murdoch's Wall Street Journal.
Don't forget that Rupert Murdoch has always regarded the Op Ed pages of 'The Wall Street Journal' - as he's said to me - as a cup of strong caffeine that gets you going in the morning and tells you what to think.
OK, so here's the deal. First of all, "The Wall Street Journal" was bought for $5 billion. It's now worth $500 million, OK. They don't have to tell me what to do. "The Wall Street Journal" has been wrong so many different times about so many different things. I am all for free trade, but it's got to be fair. When Ford moves their massive plant to Mexico, we get nothing. We lose all of these jobs.
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.
The whole financial structure of Wall Street seems to rise or fall on the mere fact that the Federal Reserve Bank raises or lowers the amount of interest. Any business that can't survive a one percent change must be skating on thin ice. Why even the poor farmer took a raise of another ten percent just to get a loan from the bank, and nobody from the government paid any attention. But you let Wall Street have a nightmare and the whole country has to help to get them back into bed again.
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.
According to a Wall Street Journal article some 59 percent of Americans don t own a single book. Not a cookbook or even the Bible.
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.
In a polling conducted by the Wall Street Journal, 11 out of 12 Americans said they oppose the taking of private property, even if it is for public economic good.
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.
Do you have any idea how cheap stocks are? Wall Street is now being called Wall Mart Street
The 'Wall Street Journal' is quite irate that I rank them with industry front groups and cranks denying climate change. But they have a record whenever industrial pollutants are involved. Look at the 'Journal''s commentary on acid rain, on the ozone layer, and on climate change.
I started my career at the Wall Street Journal, before moving on to CNBC and NBC.
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.
The issue is the Republican Party has been paying too much attention to Wall Street and not enough attention to Main Street.
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.
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