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Mark Baum quotes

View Quote I am happy when I'm unhappy.[1]
View Quote And I'm getting madder and madder and I ask this guy how he sleeps at night knowing he's ripping off working people and he just leaves. He doesn't say a word. He just walks away from the lunch. So am I the ****ed up one, or is he?
View Quote So, mortgage bonds are dog shit, and CDO's are dog shit wrapped up in cat shit?
View Quote The banks have given us 25% interest rates on credit cards. They have screwed us on student loans that we can never get out from under. Then this guy walks into my office and says those same banks got greedy, they lost track of the market, and I can profit off of their stupidity? **** yeah, I want him to be right!
View Quote [Regarding Vennett] I can't hate him. He's so transparent in his self-interest, that I kind of respect him. Would I buy a car from him? No.
View Quote It's two simple questions: Is there a bubble? And if there is, how exposed are the banks?
View Quote We live in an era of fraud in America. Not just in banking, but in government, education, religion, food, even baseball... What bothers me isn't that fraud is not nice. Or that fraud is mean. For fifteen thousand years, fraud and short-sighted thinking have never, ever worked. Not once. Eventually, you get caught, things go south. When the hell did we forget all that? I thought we were better than this, I really did.
View Quote I'm going to try to find moral redemption at the roulette table.
View Quote Holy shit. All this time I've been trying to figure out who it is I'm betting against, and it's Morgan-Stanley. Which is me.
View Quote We're going to wait and we're going to wait and we're going to wait until they feel the pain until they start to bleed.
View Quote They knew. They knew the taxpayers would bail them out. They weren't being stupid, they just didn't care.
View Quote I have a feeling in a few years people are going to be doing what they always do when the economy tanks. They will be blaming immigrants and poor people.
View Quote [Last line of the movie] Okay..sell it all.
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