Goldman Sachs Quotes

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  • 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.

    Math   Dust   Magic  
  • 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.

    Justice   Needs   Able  
  • I think that Goldman Sachs and the Pentagon determine more of America's outcome then any president or any congress, that sounds a bit cynical, but I think I am right.

    Interview with Danny Stygion, www.sinicalmagazine.com. October 1, 2011.
  • This is what class warfare looks like: The Business Roundtable - representing Goldman Sachs, Bank of America, JP Morgan Chase and others - has called on Congress to raise the eligibility age of Social Security and Medicare to 70, cut Social Security and veterans' COLAs, raise taxes on working families and cut taxes for the largest corporations in America.

    Cutting   Class   America  
  • It’s easy to see why politicians would be drawn to the populist pose. First, it makes everything so simple. The economic crisis was caused by a complex web of factors, including global imbalances caused by the rise of China. But with the populist narrative, you can just blame Goldman Sachs.

  • Goldman Sachs was one of those companies whose illegal activity helped destroy our economy and ruin the lives of millions of Americans. But this is what a rigged economy and a corrupt campaign finance system and a broken criminal justice is about. These guys are so powerful that not one of the executives on Wall Street has been charged with anything after paying, in this case of Goldman Sachs, a $5 billion fine.

    Bernie Sanders during Democratic Presidential Candidates Debate at the University of New Hampshire in Durham, New Hampshire, www.nytimes.com. February 5, 2016.
  • We're not going to beat Barack Obama with some guy who has Swiss bank accounts, Cayman Island accounts, owns shares of Goldman Sachs while it forecloses on Florida and is himself a stockholder in Fannie Mae and Freddie Mac while he tries to think the rest of us are too stupid to put the dots together to understand what this is all about.... People matter more than Wall Street.

    Wall   Stupid   Thinking  
    "Obama wades into race, saying GOP candidates are 'wrong for America'" by Ewen MacAskill, www.theguardian.com. January 26, 2012.
  • Halloween's coming. Kids get very imaginative in my neighborhood. Last year, three kids showed up as Goldman Sachs executives and demanded 4.5 billion pieces of candy.

    Halloween   Kids   Years  
  • I believe that if you go and ask a chief executive of a Goldman Sachs or a BP, and they answer you honestly they want monopolies, they want government subsidies, they want preferences - they're not interested in free markets.

    "The West Should Fear the Growth of State Capitalism". Interview with James Quinn, www.telegraph.co.uk. July 10, 2010.
  • The question is how does Hilary Clinton fit in this broader network? She's a centralising cog. You've got a lot of different gears in operation from the big banks like Goldman Sachs and major elements of Wall Street, and Intelligence and people in the State Department and the Saudis.

    Wall   People   Doe  
    Source: www.zerohedge.com
  • Goldman Sachs saying they might be interested in such an investment. I'm familiar with the company. I've known the management, the current management, Jack Welch before Jeff Immelt. I've known him for decades.

    "Warren Buffett: I Haven't Seen As Much Economic Fear In My Adult Lifetime". Interview With Charlie Rose, www.cnbc.com. October 1, 2008.
  • If there is a true measure of a person's soul, if there is a single gauge of real divinity, of how beautifully a fellow human honors this life, has genuine spiritual fire and is full of honest love and compassion, it has to be right there, in the eyes. The Dalai Lama's eyes sparkle and dance with laughter and unbridled love. The Pope's eyes are dark and glazed, bleak as obsidian marbles. Pat Robertson's eyes are rheumy and hollow, like tiny potholes of old wax. Goldman Sachs cretins, well, they don't use their own eyes at all; they just steal someone else's.

    "The end of the wicked old Mormons". www.sfgate.com. May 7, 2010.
  • 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.

    Brother   Wall   Dirty  
    "House of Cards: A Tale of Hubris and Wretched Excess on Wall Street". Book by William D. Cohan, March 10, 2009.
  • There are a few people out there with whom you fit just so, and, amazingly, you keep fitting just so even after you have growth spurts or lose weight or stop wearing high heels. You keep fitting after you have children or change religions or stop dyeing your hair or quit your job at Goldman Sachs and take up farming. Somehow, God is gracious enough to give us a few of those people, people you can stretch into, people who don't go away, and whom you wouldn't want to go away, even if they offered.

    Jobs   Children   Hair  
    Lauren F. Winner (2002). “Girl Meets God: On the Path to a Spiritual Life”, p.85, Algonquin Books
  • Donald Trump has appointed people from Goldman Sachs to his government. He said all sort of things that you would think would really annoy his core supporters. This is one of the big issues he ran on.

    Source: www.msnbc.com
  • 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.

    Winning   Lobbyists   Way  
  • Keynes vs Hayek? Friedman vs Krugman? Those are the wrong intellectual debates. Its you vs. Tony Hayward, BP CEO, You vs. Lloyd Blankfein, Goldman Sachs CEO. And you are losing...

    "The Left Right Paradigm is Over: Its You vs. Corporations" by Barry Ritholtz, ritholtz.com. September 27, 2010.
  • Wall Street is perhaps the most powerful economic and political force in this country. You have companies like Goldman Sachs, who just recently paid a settlement fine with the federal government for $5 billion for defrauding investors.

    Country   Powerful   Wall  
    Bernie Sanders during Democratic Presidential Candidates Debate at the University of New Hampshire in Durham, New Hampshire, www.nytimes.com. February 5, 2016.
  • I understand Goldman Sachs businesses. We do lot of business with him, and GE has been - I think it's the longest running stock in the Dow Jones industrial average. It will be 100 years now it will be around. I hope I'm around then, too. And it was an attractive investment. And we have had a lot of money around, over the last two years, and we're seeing things that are attractive now.

  • Our global corporate investment bank competes with Goldman Sachs, Citibank, and a bunch of other banks that are in those businesses. We may have slightly different products or services, but so what? That's always been true in American business.

    "Jamie Dimon on Finance: 'Who Owns the Future?'". Interview with John Micklethwait, www.bloomberg.com. March 1, 2016.
  • This is America: Corporate stealing is practically the national pastime, and Goldman Sachs is far from the only company to get away with doing it.

  • I have a very clear perception what the Internet is in my mind. I'm free. I'm not defined by what they say is the Internet is. Meaning Goldman Sachs, meaning who they invest in for the latest start-up, meaning the latest Buzzfeed, or Salon, or Gawker. Well, Gawker's more independent. But, there's a lot of corporate makeover of the Internet that I have not adapted to, simply put. I'm friends with some of them. When I go to New York I make the 6th Avenue rounds, but I am not a part of that system.

    Source: noworldorder.com
  • Goldman Sachs was fundamentally responsible for the crash of 2008, but by that time its former Chairman and Chief Executive Officer, Henry 'Hank' Paulson, had been installed as US Treasury Secretary to begin the bank bail out policy, with enormous benefit to Goldman Sachs, in the closing weeks of the Bush administration. Goldman Sachs was also instrumental in the collapse of the economy in Greece that started the 'euro panic' that later engulfed Ireland.

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