The entire history of Wall Street was the story of scandals, it now seemed to him, linked together tail to… — Michael Lewis
The entire history of Wall Street was the story of scandals, it now seemed to him, linked together tail to trunk like circus elephants. Every systemic market injustice arose from some loophole in a regulation created to correct some prior injustice.
p. 101Source: Wikiquote · CC BY-SA 4.0
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He now suspected that every human being who knew how high-frequency traders made money was making too much money doing it to stop and explain what was going on.
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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.
p. 148
"Liquidity" was one of those words Wall Street people threw around when they wanted the conversation to end, and for brains to go dead, and for all questioning to cease.
p. 108
