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" I'm rooting for Saudi Arabia getting a seat on the U.N. Human Rights Council. "
Gary Weiss
Human Rights
Saudi
Human
Related Quotes:
" Humiliating events have a way of capturing the public's imagination. So it has been since antiquity, when gladiators were pitted against each other and the legions of Spartacus were crucified in endless rows on the way to Rome. "
Gary Weiss
Imagination
Rome
Way
" For the Amex, which has been casting around for a role for itself, microcaps fill a crucial void - a 'niche' that Amex officials feel has been neglected. "
Gary Weiss
Casting
Been
Void
" Insider trading by hedge funds has a long and distinguished history, dating to the days when people didn't know that there was such a thing as a hedge fund. "
Gary Weiss
History
People
Long
" The heart of the 2008 financial crisis was a coterie of reckless financial executives, working for too-big-to-fail financial companies, who were handsomely compensated for taking risks that almost ruined the economy when they failed. "
Gary Weiss
Taking Risks
Risks
Heart
" All too often, the pitchmen are selling the notion that if you gain 'control' over your financial destiny - pick your own stocks and execute your own trades - it will be the first step on a short road to riches. "
Gary Weiss
Step
Destiny
Control
" The media and marketing deluge has spawned a new type of Wall Street loser: the armchair momentum player. These are novice investors who engage in short-term stock buying and selling based on media reports or an expert's enthusiasm. "
Gary Weiss
Momentum
Media
Loser
" Debt collectors should be required to disclose the applicable statute of limitations in the body of their collection letters, in bold type. While it's not illegal to dun a consumer for an old debt, it is illegal to sue for one. "
Gary Weiss
Letters
Debt
Consumer
" There are a lot worse things you can do with all your bucks than giving them to even a mediocre mutual fund - such as, for example, giving them to a mediocre hedge fund. If supporting the lifestyle of a mediocre fund manager is your favorite charity, who am I to stop you? "
Gary Weiss
You
Charity
Stop
" Numerous academic studies have shown that amateur investors make poor traders - buying stocks for the wrong reasons, holding losers for too long, and acting on whims and emotions. "
Gary Weiss
Long
Wrong
Acting
" The flip side of humiliation is pride. "
Gary Weiss
Flip
Humiliation
Pride
" For Randy Neugebauer, the Texas Republican who chairs the investigations subcommittee, the top sources of funding for his 2012 reelection campaign are from the insurance, banking, finance, securities and real estate industries. "
Gary Weiss
Insurance
Finance
Real Estate
" In the U.S., diversity is a politically correct slogan. In India, it is a historical fact. Much as we in the West may resent it, India has a lot to teach us when it comes to religious tolerance. "
Gary Weiss
Diversity
Tolerance
Teach
" When the Securities & Exchange Commission settled securities-fraud charges against Richard Harriton, former chairman of the clearing subsidiary of Bear, Stearns & Co., there were smiles all around. The SEC was happy. Harriton was happy. Bear Stearns was happy. "
Gary Weiss
Smiles
Happy
Against
" I found that options traders - the Amex was mainly an options exchange - routinely conspired to keep as wide as possible the spreads between the prices investors paid and the prices floor traders paid for the same securities. "
Gary Weiss
Keep
Floor
Same
" Beefs against debt collectors are consistently among the top complaints received by both the FTC and state attorneys general. "
Gary Weiss
Complaints
Debt
General
" Some hedge fund managers have made big bucks trading oil futures - George Soros is one. "
Gary Weiss
Hedge
Oil
Some
" In the struggle against sexual discrimination on Wall Street, Pamela K. Martens is a latter-day Rosa Parks - a woman who, metaphorically speaking, refused to sit in the back of the bus. "
Gary Weiss
Struggle
Street
Discrimination
" With such enormous bucks devoted to trading in oil and other commodities, the distortions that they cause have been exacerbated. "
Gary Weiss
Been
Other
Devoted
" At their worst, message boards can subject you to mindless braying or outright stock scams. But at their best, they provide meaty insights on just about every stock imaginable. "
Gary Weiss
Just
Best
You
" The problem with the focus on speculators, as was demonstrated during the financial crisis, is that it tends to divert attention from the real villains. During the financial crisis, the villains were the actions of the banks, not the speculators betting on bank share prices. "
Gary Weiss
Problem
Attention
Financial
" Mutual funds dare to be average. In fact, they dare to be lousy. They have long since ceased striving for anything resembling perfection when it comes to managing your money. "
Gary Weiss
Long
Money
Striving
" Legitimate institutions historically have been defenseless in the face of outright fraud. "
Gary Weiss
Institutions
Fraud
Face
" Excessive hype, bankruptcy, cash burning like autumn leaves - such is the stuff of short-selling. "
Gary Weiss
Leaves
Autumn
Cash
" I've met Dick Syron. I like the guy. He's a man's man kind of character, a real charmer, the kind of guy you'd want to have a beer with, as well as being an economist of considerable repute. "
Gary Weiss
Character
Beer
Kind
" Kochi, formerly called Cochin, is a former European settlement with a large Christian population and a seafaring heritage. It is a town of enormous charm that reminds some visitors of the Caribbean more than India. "
Gary Weiss
India
Charm
Christian
" Ordinarily, the feds piggyback on the S.E.C. in complicated financial cases, but history proves that breath-holding on that score is a dangerous endeavor. "
Gary Weiss
Dangerous
History
Financial
" Even a casual reader of the financial pages knows that microcaps are a perennial headache for regulators and, above all, for investors because they have been prone to abuse by stock manipulators. "
Gary Weiss
Financial
Above
Abuse
" When it comes to making laws that protect the public from the financial services industry, Congress has done a progressively worse job since the Pecora Commission hearings of the early 1930s, which led to Congress taking bold steps to regulate banking and securities firms in 1933 and 1934. "
Gary Weiss
Financial
Steps
Bold
" If you think Wall Street has a short memory, you're dead wrong. No, the folks who work on Wall Street, regulate Wall Street - and, above all, invest in its wares, notably its hedge funds - don't have a bad memory. They don't have any memory at all. "
Gary Weiss
Work
You
Think
" Indians are sometimes accused of being condescending toward Westerners and of being excessively preachy in their attitude toward other nations. That accusation is sometimes correct. "
Gary Weiss
Accusation
Sometimes
Correct