Words matter. These are the best Goldman Sachs Quotes from famous people such as Matt Taibbi, Steve Bannon, James Harris Simons, Sophia Amoruso, Guy Kawasaki, and they’re great for sharing with your friends.
What the mortgage bubble was all about was big banks like Goldman Sachs taking big bundles of subprime mortgages that were lent out largely to low-income, highly risky borrowers, and applying this kind of magic-pixie-dust math to these bundles of securities and slapping AAA ratings on them.
My old firm, Goldman Sachs – traditionally, the best banks are leveraged 8:1. When we had the financial crisis in 2008, the investment banks were leveraged 35:1. Those rules had specifically been changed by a guy named Hank Paulson. He was secretary of Treasury.
Why don’t we have enough teachers of math and science in the public schools? One answer is well, if they knew the subject well, they’d also know enough to work for Google or Goldman Sachs or God knows where.
I can show up at a Goldman Sachs conference wearing a Judas Priest T-shirt – and I have – while everyone else is wearing the same dress.
Most people who graduate from college think they have to make a perfect choice. Is it Goldman Sachs? Is it Google? Is it Apple? They think that their first job is going to determine their career, if not their life.
I get really, really concerned when I see somebody, taking $600,000 in speaking fees from Goldman Sachs, will not release what they’re actually saying. That’s concerning.
The Justice Department needs to investigate how Goldman Sachs was able to steer things in such a manner through their former employees in the Bush administration, so that in the end Goldman’s competitors have disappeared and Goldman is left standing.
I’m the catalyst for the downfall of the Blairites, the Clintonites, the Bushites, and all these dreadful people who work hand in glove with Goldman Sachs and everybody else, have made themselves rich, and ruined our countries. I couldn’t be happier.
I’m a very practical, pragmatic capitalist. I was trained at Goldman Sachs. I went to Harvard Business School. I was as hard-nosed a capitalist as you get. I specialized in media, in investing in media companies, and it’s a very, very tough environment.
Barack Obama’s large contributor was Goldman Sachs – same thing on the Republican side. If you go to both their conventions, you see the same lobbyists paying off both sides so they win either way.
Wal-Mart uses technology to increase sales volume, but the more it does so, the more it drives down profit margins – its own and everybody else’s. The same logic does not appear to hold for Goldman Sachs.
I’ve nothing against Goldman Sachs. But Goldman Sachs isn’t an investment bank. Goldman Sachs is a hedge fund. It’s bigger than any hedge fund. It’s more leveraged, to the power of three or five, than any hedge fund.
Regulators all meet with Goldman Sachs executives and employees day after day after day. They don’t see the people who get tricked, the people who get cheated, the people who get fooled by the products that Goldman turns out.
The reason why the Democratic Party fell from grace is because they become nothing more than elitist. That was it. Goldman Sachs – that’s who they were.
You have a guy like Bernie Madoff literally steal $80 billion, you know, AIG steal hundreds of billions, Goldman Sachs. Crime has changed so much, and to really do a movie with, like, drug dealers or drug smugglers is kind of almost quaint at this point.
In 2008, Goldman Sachs only paid 1.1 percent of its income in taxes even though it earned a profit of $2.3 billion and received an almost $800 billion from the Federal Reserve and U.S. Treasury Department.
Our number one agenda is to get money out of politics, to drain the swamp, but not in the way that Trump said. He stacked his cabinet full of Goldman Sachs guys.
If you have a traditional view of economics, you’re probably thinking of Ben Bernanke making Fed policy, or the guys creating financial derivatives at Goldman Sachs.
When I was planning LearnVest, everyone told me I had to talk to Ann Kaplan, one of the first female partners at Goldman Sachs. Within five minutes of our meeting, she totally got the idea – and by the time I left, she was a seed investor.