Recollecting some of the scandals in the Investment banking space from the   The Barclays Saga and Libor , LIBOR  Manipulationimages: Any thing for you Big Boyz , JP Morgan : Jamie Dimon Testimony and this series is endless. I believe, some of the quotes of the maverick author holds true here :

  • The main difference between government bailouts and smoking is that in some rare cases the statement “This is my last cigarette” holds true.
  • The difference between banks and Mafia: banks have better legal regulatory expertise,but Mafia understands the public opinion. Or you can say “Give a man a gun and he can rob a bank. Give a man a bank and he can rob the world”
  • When a woman says about a man that he is intelligent, she often means handsome; when a man says about a woman that she is dumb, he always means attractive.
  • When some one starts a sentence with “SIMPLY” you should expect to hear something is very complicated.
  • Half the people lie with their lips; the other half with their tears.
  • Technology is at its best when it is invisible.
  • Those who do not think that employment is systemic slavery are either blind or employed.
  • It’s a good practice to always apologize, except when you have done something wrong.
  • To be completely cured of newspaper, spend a year reading the previous week’s newspaper.
  • The most painful moment are not those we spend with uninteresting people, rather they are those spent with uninteresting people trying hard to be interesting.
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