Famous Quotes & Sayings

William D. Cohan Quotes & Sayings

Enjoy the top 5 famous quotes, sayings and quotations by William D. Cohan.

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William D. Cohan Quotes 875308

Having worked at four separate Wall Street firms, having seen a variety of talent at those places, and having competed against Goldman as a banker, one thing you have to be struck by is the power of their recruiting. — William D. Cohan

William D. Cohan Quotes 631227

People are pretty simple: they do what they are rewarded for doing. If they get multimillion-dollar bonuses by taking huge risks with other people's money - as they still do - then they will continue to take those huge risks, and not give it another thought. — William D. Cohan

William D. Cohan Quotes 581489

The dirty little secret of what used to be known as Wall Street securities firms-Goldman Sachs, Morgan Stanley, Merrill Lynch, Lehman Brothers, and Bear Stearns-was that every one of them funded their business in this way to varying degress, and every one of them was always just twenty-four hours away from a funding crisis. The key to day-to-day survival was the skill with which Wall Street executives managed their firms' ongoing reputation in the marketplace ... — William D. Cohan

William D. Cohan Quotes 270381

Generally speaking, they have as many stars as other firms, but they are low-key about it, because that's not the Goldman way, but their bench is a lot deeper. I think Goldman has as many A players, but more importantly they have fewer C players. And no firm, I have noticed, has the depth anywhere like that. — William D. Cohan

William D. Cohan Quotes 1397821

Is there any fairness in a system where a group of people can borrow a bunch of money to buy a company and pay themselves millions of dollars in dividends and fees, while the company itself ends up bankrupt and its employees lose their jobs, health insurance and pensions? — William D. Cohan