James

“On its surface, the booming market in side bets on subprime mortgage bonds seemed to be the financial equivalent of fantasy football: a benign, if silly, facsimile of investing. Alas, there was a difference between fantasy football and fantasy finance: When a fantasy football player drafts Peyton Manning to be on his team, he doesn’t create a second Peyton Manning. When Mike Burry bought a credit default swap based on a Long Beach Savings subprime–backed bond, he enabled Goldman Sachs to create another bond identical to the original in every respect but one: There were no actual home loans or home buyers. Only the gains and losses from the side bet on the bonds were real.”
― Michael Lewis, The Big Short: Inside the Doomsday Machine

“I read a lot of books. Here are the books I'm using for my 9/11 project. [Wright gestures to three six-foot-long shelves of books.] As I read them I highlight certain passages. Then I have an assistant write down each quote on an index card and note where it came from.”
― Lawrence Wright

“What is the robbing of a bank compared to the founding of a bank?”
― Bertolt Brecht

“What do they know-all these scholars, all these philosophers, all the leaders of the world - about such as you? They have convinced themselves that man, the worst transgressor of all the species, is the crown of creation. All other creatures were created merely to provide him with food, pelts, to be tormented, exterminated. In relation to them, all people are Nazis; for the animals it is an eternal Treblinka.”
― Isaac Bashevis Singer