A Quote by Adam McKay

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

Adam McKay

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Derivatives Ever Larger Less Market More Need Regulation Street Than Wall Wall Street Way

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Adam McKay
American - Writer
Born: April 17, 1968

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

Matt Taibbi

As a conservative myself that, you know, generally I would have a point of view that less regulation is better than more regulation, but less regulation shouldn't supersede a tax on the fundamentally important institutions that sustain a democratic republic.

Steve Schmidt

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

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

I think the money for the solutions for global poverty is on Wall Street. Wall Street allocates capital. And we need to get capital to the ideas that are successful, whether it's microfinance, whether it's through financial literacy programs, Wall Street can be the engine that makes capital get to the people who need it.

Kabir Sehgal

I've been in and out of Wall Street since 1949, and I've never seen the type of animosity between government and Wall Street. And I'm not sure where it comes from, but I suspect it's got to do with a general schism in this society which is really becoming ever more destructive.

Alan Greenspan

Here's the perversity of Wall Street's psychology: The more Wall Street is convinced that Washington will act rationally and raise the debt ceiling, most likely at the 11th hour, the less pressure there will be on lawmakers to reach an agreement. That will make it more likely a deal isn't reached.

Andrew Ross Sorkin

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

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 I'd like to do is continue a private sector, free market Main Street types of policies. And those include less regulation. They include a fairer, flatter tax system.

Bill Flores

With less regulation, I think you would see growth come back. Of course, there are situations where you need regulation. Antitrust regulation, for example, is a good idea because you want competition. But beyond that, it gets very difficult.

Eugene Fama

One of the things Wall Street does not like is ambiguity. Now that the agreement is there, it begins to make the future look a little less cloudy, and that's positively received by Wall Street.

Philip M. Condit

We don't hear our president [Barack Obama] talking about the need for high-quality jobs for everybody, giving it priority, not just giving a speech in Detroit. That's fine, but speaking to Tim Geithner, speaking to Larry Summers. When are you going to make jobs, jobs, jobs a priority rather than Wall Street, Wall Street, Wall Street a priority? That's what I'm concerned about.

Cornel West

I do believe that we should substantially lower student debt in this country, which is crushing millions of people. We pay for it, in my view, by a tax on Wall Street speculation. The middle class bailed out Wall Street in their time of need. Now, it is Wall Street's time to help the middle class.

Bernie Sanders

... 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

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

A Quote by Adam McKay

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