Bankers Greed Quotes & Sayings

Greed has increasingly become a virtue among Wall Street bankers and corporate CEOs in the U.S. Nowhere else in the world do CEOs insist on receiving compensation as high compared to what their employees earn. — Simon Mainwaring

"The ultimate recession": a recession caused not by failed regulation and bankers' greed, but by very high oil prices, food and water shortages, disappearing forests, accelerating climate change, forced migration and mass civil disruption ... The long and the short of it, unfortunately, is this: more politicians still believe that economic recovery depends on continuing to live beyond our means (financially and ecologically) than on learning to live within our means. And that's why the ultimate "Perfect Storm" recession still looms on the horizon — Jonathon Porritt

Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises with debt spending — Nassim Nicholas Taleb

His figures should have been through the roof; the economy was still unsteady, the president was hog-tied by his own compromised idealism, and Davis and his kind had succeeded in vilifying unions, immigrants, and welfare cases, making them carry the can for the greed of bankers and Wall Street sharks, thereby somehow convincing sane people that the poorest and weakest in the nation were responsible for most of its ills. What never ceased to amaze Tate was that many of those same individuals (the dirt-poor, the unemployed, the welfare recipients) listened to his show, even as he castigated those (the union organizers, the bleeding-heart liberals) who most wanted to help them. — John Connolly

Cause of the financial crisis was "simple. Greed on both sides - greed of investors and the greed of the bankers." I thought it was more complicated. Greed on Wall Street was a given - almost an obligation. The problem was the system of incentives that channeled the greed. The line between gambling and investing is artificial and thin. — Michael Lewis