Many of the smaller banks have had to get to the point where they now have more compliance people than they have lending offices. That’s crazy. Wilbur Ross Read Quote
Part of the reason why I’m supporting Trump is that I think we need a more radical, new approach to government – at least in the U.S. – from what we’ve had before. Wilbur Ross Read Quote
If you add up all the promises any politician makes, the math doesn’t work. Hillary Clinton’s math doesn’t work; Donald’s math probably doesn’t work. I think you have to listen to their campaign pitches more as symbolic, more as metaphors. Wilbur Ross Read Quote
China is the world’s biggest exporter, but they’re also the people with one of the highest tariffs on imports in the whole world. That seems a little bit oxymoronic. Wilbur Ross Read Quote
The fact that you’re successful doesn’t mean that you can’t relate to working people. Wilbur Ross Read Quote
Washington, D.C., is the new Wall Street. No significant financial transaction of any consequence occurs without it. Wilbur Ross Read Quote
We think, over the long term, the real key to value of a bank is does it have true deposits from true long-term customers? People who actually know the bank, live in the neighborhood, work there, maybe have a mortgage there, credit card… That, to us, is the key to a bank. Wilbur Ross Read Quote
If you think about it: a big bank in any country, what is it? Really, as an investment, it’s a warrant on economy. Wilbur Ross Read Quote
Confrontational things, admission of error, admission of defeat, restructuring, laying people off – those are not American ideals. Wilbur Ross Read Quote
One of the problems with industries that have been in relatively long-term declines is that, very often, the managements in those industries develop a kind of loser mentality. And when you ask them what’s wrong with the business, they’ll point to extraneous forces. Wilbur Ross Read Quote