Quotes & Sayings About Black Wall Street

Looking into it a bit, Jamie found that the model used by Wall Street to price LEAPs, the Black-Scholes option pricing model, made some strange assumptions. — Michael Lewis

You've got the Wall Street situation, the sub-prime situation. You've got a black president. We've got wars. We've got unemployment. But the music doesn't reflect that. And I challenge anybody to show me a music that's on the radio that reflects that. — Ice-T

However, as the consequences of Black Thursday began to settle in investors' minds, most people attempted to recover their losses and the dramatic selling began again. On Tuesday 29 October, the day of the Wall Street Crash, more than 16 million shares were dumped in an afternoon of trading. On that one single day, as much money was lost on the New York stock exchange as had been spent in its entirety by the US government on fighting the First World War. It was a disaster. Annette — John Boyne

Men in the uniform of Wall Street retirement: black Chesterfield coat, rimless glasses and the Times folded to the obituary page.. — Jimmy Breslin

We can have a just society whose guiding ethos is accountability and punishment, where both black kids dealing weed in Harlem and investment bankers peddling fraudulent securities on Wall Street are forced to pay for their crimes, or we can have a just society whose guiding ethos is forgiveness and second chances, one in which both Wall Street banks and foreclosed households are bailed out, in which both inside traders and street felons are allowed to rejoin polite society with the full privileges of citizenship intact. But we cannot have a just society that applies the principle of accountability to the powerless and the principle of forgiveness to the powerful. This is the America in which we currently reside. — Christopher L. Hayes

Wall Street's shenanigans have convinced a large portion of America that the economic game is rigged. Yet capitalism depends on trust. Without trust, people avoid even sensible economic risks. They also begin trading in gray markets and black markets. They think that if the big guys cheat in big ways, they may as well begin cheating in small ways. And when they think the game is rigged, they're easy prey for political demagogues with fast tongues and dumb ideas. Wall — Robert B. Reich

We're creating a dystopia, where the mania of the state isn't secrecy or censorship but unfairness. Obsessed with success and wealth and despising failure and poverty, our society is systematically dividing the population into winners and losers, using institutions like the courts to speed the process. Winners get rich and get off. Losers go broke and go to jail. It isn't just that some clever crook on Wall Street can steal a billion dollars and never see the inside of a courtroom; it's that, plus the fact that some black teenager a few miles away can go to jail just for standing on a street corner, that makes the whole picture complete. — Matt Taibbi

The Wall Street firm became a black box. The shareholders who financed the risk taking had no real understanding of what the risk takers were doing, and, as the risk taking grew ever more complex, their understanding diminished. — Michael Lewis

ABANDON ALL HOPE YE WHO ENTER HERE is scrawled in blood red lettering on the side of the Chemical Bank near the corner of Eleventh and First and is in print large enough to be seen from the backseat of the cab as it lurches forward in the traffic leaving Wall Street and just as Timothy Price notices the words a bus pulls up, the advertisement for Les Miserables on its side blocking his view, but Price who is with Piece and Piece and twenty-six doesn't seem to care because he tells the driver he will give him five dollars to turn up the radio, "Be My Baby" on WYNN, and the driver, black, not American, does so. — Bret Easton Ellis

In the shadows he could just make out a rough, ghostly wall that stood out in the pitch darkness. As if drawn by an irresistible black beacon, he slowly advanced step by step towards that incandescent wall of shale. Far off, the city was vanishing into the air. The fiesta disappeared somewhere beyond his eyelids. The wall was increasing in size, growing amidst a mixture of shadows and sparks. It was a wall of smoke from which sprouted candles that resembled asteroids. In fact, it was not one wall but two. Two tall, crackling walls, silently burning. But it wasn't two walls either. It was, in fact, a street. — Eugenio Fernandez Granell

With 'Black Rain,' I spent a lot of time with homicide detectives, and I spent a lot of time with different brokers on 'Wall Street.' It helps get the rhythm of the piece and the tone, and how overplayed or underplayed it might be. That's also the magic of movies: You get to hang out and live these different lives. — Michael Douglas

Black Friday is not another bad hair day in Wall Street. It's the term used by American retailers to describe the day after the Thanksgiving Holiday, seen as the semi-official start of Christmas shopping season. — Evan Davis

When the white spotlight from the watchtower swept toward us we paused, pressing against the rough wall; when it passed, we eased out and ran again. Meritt kept pace with me until the houses ended, until the street and wall ran past nothing but orchards and empty stubbled ground. Then he let loose and raced ahead, hurtling through black shadows and pockets of blue light. — Amanda Witt

How do you like your coffee?" "Black, but I'll fix it myself." "I don't mind fixing your coffee for you. It's part of the job." "I'll fix it myself." "All the secretaries do it." "If you ever touch my coffee, I'll see to it that you're sent to the mail room to lick stamps." "We have an automated licker. Do they lick stamps on Wall Street?" "It was a figure of speech. — John Grisham

There was a black marine called Philly Dog who'd been a gang lord in Philadelphia and who was looking forward to some street fighting after six months in the jungle, he could so the kickers what he could do with some city ground. (In Hue he turned out to be incredibly valuable. I saw him pouring out about a hundred rounds of .30-caliber fire into a breach in the wall, laughing, 'You got to bring some to get some'; he seemed to be about the only man in Delta Company who hadn't been hurt yet.) — Michael Herr

In the same way that Occupy Wall Street forever elevated that concept of income inequality, the Black Lives Matter protesters have elevated the idea of inequity in policing as it relates to minority communities. — Charles M. Blow

A shift in class values occurs in black life when integration comes and with it the idea that money is the primary marker of individual success, not how one acquires money. Adopting that worldview changed the dynamics of work in black communities. Black men who could show they had money (no matter how they acquired it) could be among the powerful. It was this thinking that allowed hustlers in black communities to be seen as just as hardworking as their Wall Street counterparts. — Bell Hooks