Quotes About Goldman Sachs

#1. 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.

Nouriel Roubini

#2. Thus the only Goldman Sachs employee arrested by the FBI in the aftermath of a financial crisis Goldman had done so much to fuel was the employee Goldman asked the FBI to arrest.

Michael Lewis

#3. As a former gas station attendant, parking lot attendant, medical resident and current Goldman Sachs screwee, I am offended.

Michael Lewis

#4. 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.

Elizabeth Warren

#5. When, a few months later, Goldman Sachs announced it was setting aside $542,000 per employee for the 2006 bonus pool, he wrote again: "As a former gas station attendant, parking lot attendant, medical resident and current Goldman Sachs screwee, I am offended." In

Michael Lewis

#6. Does anyone believe that Goldman Sachs is gonna give up a deal that would yield millions of dollars because someone fussed at them behind closed doors?

Elizabeth Warren

#7. I left Goldman Sachs. I was thinking about going to another Wall Street place. I didn't want to do that. That was crazy. After you work on Wall Street, it's a choice: would you rather work at McDonald's or on the sell side? I would choose McDonald's over the sell side.

David Tepper

#8. 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

#9. Goldman Sachs did not leave the house before it began to burn; it was merely the first to dash through the exit - and then it closed the door behind it.

Michael Lewis

#10. Goldman Sachs believes that economically empowering women globally is one of the best investments to grow economies, create jobs, and build more prosperous societies.

Dina Powell

#11. 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 ...

Barry Ritholtz

#12. You can demonize Goldman Sachs all you want, and I'm sure there are reasons to do it. But the real pressure is all of us pressuring the companies for stock returns, and that leads to all kinds of decisions.

John Wells

#13. 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.

Sophia Amoruso

#14. 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.

Henry Rollins

#15. He accomplished this primarily by hooking up with his best friend, Henry Goldman, before the Goldman Sachs partnership. (They toyed with creating Goldman and Lehman but instead decided on splitting the profits 50/50.)

Kenneth L. Fisher

#16. 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.

Timothy Noah

#17. The head of Goldman Sachs, Lloyd Blankfein, made it perfectly clear: sophisticated investors don't, or at least shouldn't, rely on trust. Those who bought the products the banks sold were consenting adults who should have known better.

Joseph E. Stiglitz

#18. The first thing you need to know about Goldman Sachs is that it's everywhere. The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.

Matt Taibbi

#19. 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.

Jesse Ventura

#20. 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.

James Harris Simons

#21. Guys who can't get a job on Wall Street get a job at Moody's, as one Goldman Sachs trader-turned-hedge fund manager put it.

Michael Lewis

#22. We've had this program for a number of years now, called 10,000 Small Businesses, where Goldman Sachs has convened a group of partners to basically give business education to small business owners.

Lloyd Blankfein

#23. 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.

Michael Moore

#24. 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.

Matt Taibbi

#25. The rating agencies, who were paid fat fees by Goldman Sachs and other Wall Street firms for each deal they rated, pronounced 80 percent of the new tower of debt triple-A.

Michael Lewis

#26. The best and brightest don't go into politics. The best and brightest are at Goldman Sachs.

P. J. O'Rourke

#27. 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.

Adam McKay

#28. I'd thought it strange, after the financial crisis, in which Goldman had played such an important role, that the only Goldman Sachs employee who had been charged with any sort of crime was the employee who had taken something from Goldman Sachs.

Michael Lewis

#29. 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.

David Brooks

#30. 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.

Matt Taibbi

#31. 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.

Alexa Von Tobel

#32. Nathaniel Rich wrote 'Odds Against Tomorrow' well before Hurricane Sandy and its surge crashed onto the isle of Manhattan, well before the streets were flooded and the subways drowned, only the Goldman Sachs building sparkling above the darkened avenues.

Cathleen Schine

#33. Goldman Sachs and other investment banks understood the ensuing problem so well that they began betting against the very mortgage-backed securities they were underwriting!

Douglas Rushkoff

#34. 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.

Jay Leno

#35. Once handed the money, Paulson abandoned his promised strategy and instead essentially began giving away billions of dollars to Citigroup, Morgan Stanley, Goldman Sachs, and a few others unnaturally selected for survival.

Michael Lewis

#36. 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.

Bernie Sanders

#37. 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.

Emily Oster

#38. A financial institution has the task of taking risks, and if it's a well run institution - say, Goldman Sachs - it tries to cover the potential losses to itself, but only to itself.

Noam Chomsky

#39. 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.

Ian Bremmer

#40. 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.

Bernie Sanders

#41. With an operating profit margin topping 40 percent, Fanuc makes 25 percent more income per employee than Goldman Sachs,

Anonymous

#42. 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.

Guy Kawasaki

#43. You want to know who owns America? A few at the top. And they've got one thing on their mind. No change. Look at Obama, all that hope and promise. No change. He went to Wall Street, had a fundraiser - $35,800 a ticket - and you know who the host was? Goldman friggin' Sachs.

Buddy Roemer

#44. Everyone thinks Goldman is so fucking smart," he railed. "Just because Goldman says this is the right valuation, you shouldn't assume it's correct just because Goldman said it. My brother works at Goldman, and he's an idiot!

Andrew Ross Sorkin