Anthony Scaramucci Quotes

Wall Street is greedy, reckless and they operate illegally. That's fine. But what do you do?

Wall Street is broken for sure because it succumbed to greed and corruption and pure speculation with no values.

I don't think anyone would argue with the notion that there have been serious abuses on Wall Street.

On Wall Street, fraudulent schemes tend to thrive during economic booms, and to blow up when times turn tough.

The stock market is a racket. Those guys are crooks.

There’s a lot of greed on Wall Street.

We have to put an end to the culture of selfishness and corruption that allows greedy Wall Street banks and executives to rip off working people without any consequences.

I'm not going to let Wall Street get away with murder. Wall Street has caused tremendous problems for us.

I agree that there are some bad apples on Wall Street. I spent about ten years exposing corporate and financial fraud for 'Barron's' magazine and I found a lot to write about.

Deregulation created this epidemic of greed which according to the rules of capitalism was OK. Beyond that there was criminal behaviour. There have been no repercussions and it's hard to make your peace with.

It's impossible to translate Wall Street greed into one or two demands.

Before the stock market crash of 1929 approximately half of all the stock sold in America was fraudulent. President Coolidge did not believe in the Federal Government interfering with business and would not interfere. His Secretary of Commerce, Herbert Hoover however was worried about the extreme corruption of the system. By the time he succeeded Coolidge as President, it was too late.

There is a growing distrust of the market and a feeling that Wall Street is a crooked casino where the house always wins. Yes, the game is rigged.

This was a massive Ponzi scheme and the biggest crime against the American economy in our lifetimes—in fact, ever…. You had various traders buying each other’s products to artificially keep the prices up so that the bubble didn’t collapse.

The big-ego temper tantrums of Wall Street's titans must be a concern for everyone on Wall Street. Bad behavior and manipulation of the markets must be called out by those in the industry concerned for its future.

From 1934 to 1963, the biggest criminals in America ended up on Alcatraz. Nowadays they end up on Wall Street.

... the loss of public confidence in the financial community growing out of its own conduct in recent years. I insist that more damage has been done to stock values and to the future of equities from inside Wall Street than from outside Wall Street.

Because the sad fact is that the Enron Corporation and others manipulated with unfortunately great effect the energy market in the West Coast starting in 2000.

Research suggests that investment bankers are more prone to commit fraud when they feel the competitor at their heels.

The single most remarkable (and revealing) fact of the Obama presidency may very well be the lack of a single prosecution of Wall Street executives for the massive fraud that precipitated the 2008 financial crisis.

Buying only what you know can end in disaster. Just think about Enron's employees and business partners, the 'locals' who bought lots of its stock because they thought they were in the know.

We have seen that in this country in the last few years, particularly on Wall Street, with the rise of the old human frailty of greed. This occurs when people begin to serve only their own needs to the detriment of everyone else.

Over the years, many in the public have become numb to news of financial corruption, partly because too many of these stories involve banker-on-banker crime.

'Nobody goes to jail.' This is the mantra of the financial-crisis era, one that saw virtually every major bank and financial company on Wall Street embroiled in obscene criminal scandals that impoverished millions and collectively destroyed hundreds of billions, in fact, trillions of dollars of the world's wealth - and nobody went to jail.

People are rightfully upset about Wall Street abuses and excess.