A Quote by Douglas Alexander

Most people understand that Lehman Brothers didn't collapse because Gordon Brown built too many schools and hospitals.

Douglas Alexander

Quote Topics

Because Brothers Brown Built Collapse Gordon Hospitals Lehman Brothers Many Most People Schools Too Understand

Quote Author

Douglas Alexander
British - Politician
Born: October 26, 1967

Most people heard about Bitcoin for the first time in the context of the Mt. Gox collapse. It is our Lehman Brothers.

Brock Pierce

I often say to entrepreneurs, 'If Lehman Brothers were Lehman Brothers & Sisters, it wouldn't have gone into bankruptcy.'

Shinzo Abe

When I left my job at Lehman Brothers to start a company, my best friend's mother said, 'How could you leave a sure thing like Lehman to do a silly carpool startup?' That was three months before Lehman went bankrupt.

John Zimmer

Of course, it's absurd that we trust the Tories with our day-to-day reality, as so many of them don't really inhabit it. Why elect people to run our schools and hospitals who choose not to go to those schools and hospitals?

Frankie Boyle

The blowback against a bailout of Lehman would have been fierce. It is often forgotten, but the prevailing wisdom the day after Lehman fell was that its collapse was a good thing.

Andrew Ross Sorkin

Politics is a pure meritocracy. That's why Gordon Brown's cabinet had two brothers and a married couple in it. They just happened to be the best people around.

Victoria Coren Mitchell

In truth, in the fairy-tale version of bailing out Lehman, the next domino, A.I.G., would have fallen even harder. If the politics of bailing out Lehman were bad, the politics of bailing out A.I.G. would have been worse. And the systemic risk that a failure of A.I.G. posed was orders of magnitude greater than Lehman's collapse.

Andrew Ross Sorkin

In the news this week, the polls continue to slide for Gordon Brown and some people are saying he's dead and buried. But I think the opposite - I say GORDON'S ALIVE!

Brian Blessed

Many of the problems of poverty and need are really problems of physical infrastructure: not enough hospitals, too few schools, insufficient roads, bridges, and a lack of tools. This is what makes traditional philanthropy so daunting. You could build a thousand new hospitals in some parts of the world and barely make a difference.

Naveen Jain

What the American people don't understand is how Merrill Lynch or AIG or Lehman Brothers can reward people, and the entity fails. Not only do the shareholders lose, but the entities lose.

Richard Grasso

When you look at the things people are really fed up with, like the collapse of the pension system, like the failure to get money to the frontline of the health service, Gordon Brown is more responsible for that than any other politician including Tony Blair

George Osborne

Most of the time, your risk management works. With a systemic event such as the recent shocks following the collapse of Lehman Brothers, obviously the risk-management system of any one bank appears, after the fact, to be incomplete. We ended up where banks couldn't liquidate their risk, and the system tended to freeze up.

Myron Scholes

If Lehman Brothers had been a bit more Lehman Sisters ... we would not have had the degree of tragedy that we had as a result of what happened.

Christine Lagarde

Hey, guess what? Turns out the free market? Not so free. Wall Street was hit hard Monday when Lehman Brothers filed for bankruptcy, Merrill Lynch was sold to Bank of America, and insurance giant AIG neared a collapse of its own. Basically, if your commercials air during golf tournaments, you're done.

Amy Poehler

We are not alone. We have many brothers who in this moment of catastrophe came to help. And we too, because of this, we feel more like brothers and sisters because we helped each other.