Bernard Madoff on corruption
Bernard Madoff9 quotes“It’s a proprietary strategy. I can’t go into it in great detail.”
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In today’s regulatory environment, it’s virtually impossible to violate rules … but it’s impossible for a violation to go undetected, certainly not for a considerable period of time.
Bernard MadoffBernard Madoff The person that is buying a share of stock is convinced he knows something that the other person who’s selling it to him does not know. There’s no zero sum game in Wall Street.
Bernard MadoffBernard Madoff The whole government is a Ponzi scheme.
Bernard MadoffBernard Madoff The nature of any human being, certainly anyone on Wall Street, is ‘the better deal you give the customer, the worse deal it is for you’.
Bernard MadoffBernard Madoff You had a lot of novice investors who got into the market looking for easy money, without any regard to the fundamentals. These stocks were running on fumes.
Bernard MadoffBernard Madoff In today’s regulatory environment, it’s virtually impossible to violate rules.
Bernard MadoffBernard Madoff Wall Street is one big turf war. By benefiting one person you are disadvantaging another person.
Bernard MadoffBernard Madoff All one great big lie.
Bernard MadoffBernard Madoff
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More on corruption
Our worst enemies here are not the ignorant and simple, however cruel; our worst enemies are the intelligent and corrupt.
Graham GreeneGraham Greene Politics, as the word is commonly understood, are nothing but corruptions.
Jonathan SwiftJonathan Swift We are as liable to be corrupted by books, as by companions.
Henry FieldingHenry Fielding The Modi government started several welfare schemes for poor and realised the dream of corruption-free India.
Yogi AdityanathYogi Adityanath Religion is a history of wickedness that has served to corrupt and brutalize humankind; and, for my part, I sincerely detest it as I detest everything that is cruel.
Thomas PaineThomas Paine Some people in India want to increase corruption and dishonesty in the name of caste.
Yogi AdityanathYogi Adityanath The disposition to admire, and almost to worship, the rich and the powerful, and to despise, or, at least, to neglect persons of poor and mean condition is the great and most universal cause of the corruption of our moral sentiments.
Adam SmithAdam Smith Well i know that my company is not corrupt or unfair because i got all this with all my hard work. I see no reason why you say my company was corrupt may you explain to me miss [Ida] Tarbell.
John D. RockefellerJohn D. Rockefeller
