Follow - Write - Create

One Min Read

6 Views

To Wall Street, a firm like BP isn’t just a profitable energy company with lots of assets like oil rigs and pipelines and gas stations – it’s also a corporation that routinely borrows hundreds of millions of dollars to keep its business up and running.

Follow Me Written By

Matt Taibbi

Other Quote

Previous

Interest-rate swaps are a tool used by big cities, major corporations and sovereign governments to manage their debt, and the scale of their use is almost unimaginably massive. It’s about a $379 trillion market, meaning that any manipulation would affect a pile of assets about 100 times the size of the United States federal budget.

Next

You know what an effective deterrent to crime is? Jail! And do you know what kind of criminal penalty actually makes people think twice about committing crimes the next time? The kind that actually comes out of some individual’s pocket, not fines that come out of the corporate kitty.

Next

May 14, 2024

You know what an effective deterrent to crime is? Jail! And do you know what kind of criminal penalty actually makes people think twice about committing crimes the next time? The kind that actually comes out of some individual’s pocket, not fines that come out of the corporate kitty.

Previous

May 14, 2024

Interest-rate swaps are a tool used by big cities, major corporations and sovereign governments to manage their debt, and the scale of their use is almost unimaginably massive. It’s about a $379 trillion market, meaning that any manipulation would affect a pile of assets about 100 times the size of the United States federal budget.

No Comment! Be the first one.

Leave a Reply Cancel reply

You must be logged in to post a comment.

Related Items

I’m really not a party person. I’m in the business of working with 100 people every day, so I don’t revel in meeting a roomful of people in my leisure time.

Zubin Mehta

As cinema is a reflection of the world around us, with more women coming into the mainstream business, more women narratives will grab the limelight.

Zoya Akhtar

It’s a lot harder to do an ensemble because your energy is going in so many different places, and you have to cover everybody. You have to sort of split your attention.

Zooey Deschanel

I’ve always been really picky about roles and make a point of reminding myself that it’s not about the money – because, obviously, there’s a lot of money to be made in this business if you’re willing to do anything.

Zooey Deschanel