Wall Street
street in Manhattan
Wall Street is a 0.7 miles (1.1 km), eight-block-long, street running west to east from Broadway to South Street on the East River in Lower Manhattan in the financial district of New York City.[2] Over time, the term has become a metonym for the financial markets of the United States as a whole, the American financial sector (even if financial firms are not physically located there), or signifying New York-based financial interests
Wall street, New York, 2008.
For the film, see Wall Street (1987 film).
Quotes
Journalism was being whittled away by a Wall Street theory that profits can be maximized by minimizing the product.
Russell Baker, in Goodbye to Newspapers?, The New York Review of Books, 16 August 2007
The president, the secretary of state, the businessman, the preacher, the vendor, the spies, the clients and managers—all walking around Wall Street like chickens with their heads cut off—rushing to escape bankruptcy—plotting to melt down the Statue of Liberty-to press more copper pennies—to breed more headless chickens—to put more feathers in their caps-medals, diplomas, stock certificates, honorary doctorates—eggs and eggs of headless chickens.
Giannina Braschi, in the Postcolonial novel United States of Banana (2011) p.26 [1]
Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.
Warren Buffet, in Simon Dixon Student to CEO, Ecademy Press, 2011, p. 125
Hating Wall Street is an American tradition that dates back even to the days when Thomas Jefferson cursed that money lover Alexander Hamilton. And for centuries, the complaints about it have largely stayed the same: 'It does nothing! It creates chaos! It's a parasite that sucks hardworking Americans dry!'
Adam Davidson, in What Does Wall Street Do for You?, The New York Times, 11 January 2012
No man can control Wall Street. Wall Street is like the ocean. No man can govern it. It is too vast. Wall Street is full of eddies and currents. The thing to do is to watch them, to exercise a little common sense, and … to come out on top.
Jay Gould Interview with the New York Herald
Wall Street is where prophets tell us what will happen and profits tell us what did happen.
Greg Heberlein (September 28, 1986) "'Doctor' Lefevre Seeks Cure For Hospitalized Bull Market", The Seattle Times, p. C2.
Watch the walls come down, whether it's in the South or on Wall Street. When the walls come down, what do we find? More markets, more talent, more capital and growth. Which means that the race and sex discrimination stunt economic growth. It's not good for capitalism. It's not good for America's growth. And it's not morally right.
Jesse Jackson, in Interview Jesse Jackson, pbs online
Panic in Wall Street, brokers feeling melancholy. Good times coming. Good times have come. Listening to the strains of genuine negro ragtime, brokers forget their cares.
Scott Joplin, "Wall Street Rag" (1909).
The essential is the object. Error consists in forgetting that grain, cotton, wool are vital objects and in being interested in them only because of their value in gold, their speculative value. The economic purpose is not ‘to make millionaires out of gasoline’ but to distribute gasoline according to demand and need. Wall street is an abstraction.
Fernand Léger, exhibition catalogue, John Becker Gallery, New York, March 1933
Wall Street is populated by a bunch of people whose primary goal is to make money, and the rules are pretty much caveat emptor.
Steven Levitt, in David Futrelle CNN Money: Interview with Steven Levitt of Freakonomics, CNN, 18 June 2010
Wall Street, the banks, and corporate America, has been able to call the shots here. They control our members of Congress and they get what they want.
Michael Moore,in DealBook’s Interview With Michael Moore, The New York Times, 23 September 2009
You know, I think many people have the mistaken impression that Congress regulates Wall Street. In truth that's not the case. The real truth is that Wall Street regulates the Congress.
Bernie Sanders, in Interview with Senator Bernie Sanders, RealClearPolitics, 16 May 2012
The business model of Wall Street is fraud. In my view, there is no better example than the recently-exposed illegal behavior at Wells Fargo.
Bernie Sanders, Wells Fargo’s Business Model is Fraud, Medium (September 22, 2016)
Let us wage a moral and political war against the billionaires and corporate leaders, on Wall Street and elsewhere, whose policies and greed are destroying the middle class of America.
Bernie Sanders, in Bernie Sanders, Plus Google.com, 12 June 2012
Mutual funds are an overrated investment heavily promoted by Wall Street.
Peter Schiff (2006) Crash Proof
The fall of Wall Street is for market fundamentalism what the fall of the Berlin Wall was for communism.
Holding the citizens of Wall Street to the standards of honesty which govern everyone else is, if one thinks about it, the very opposite of class warfare.
See also
External links
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Last edited on 9 November 2020, at 15:33
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