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Goldman Sachs Quotes

Voices on Wall Street's biggest name

These quotes reference Goldman Sachs in discussions of banking leverage and the 2008 crisis, themes that also come up in Best quotes about industry standards.

My old firm, Goldman Sachs - traditionally, the best banks are leveraged 8:1. When we had the financial crisis in 2008, the investment banks were leveraged 35:1. Those rules had specifically been changed by a guy named Hank Paulson. He...

Quotes by Steve Bannon

I'm the catalyst for the downfall of the Blairites, the Clintonites, the Bushites, and all these dreadful people who work hand in glove with Goldman Sachs and everybody else, have made themselves rich, and ruined our countries. I couldn't be...

Quotes by Nigel Farage

Mysterious can be cool, if you're in Hollywood and everyone's happy. But it can be really bad if people perceive that the financial interests are adversarial, that there's money versus people. A lot of Goldman Sachs people went into government,...

Quotes by Lloyd Blankfein

You can demonize Goldman Sachs all you want, and I'm sure there are reasons to do it. But the real pressure is all of us pressuring the companies for stock returns, and that leads to all kinds of decisions.

Quotes by John Wells

Almost Quotes

Why don't we have enough teachers of math and science in the public schools? One answer is well, if they knew the subject well, they'd also know enough to work for Google or Goldman Sachs or God knows where.

Quotes by James Harris Simons

Nathaniel Rich wrote 'Odds Against Tomorrow' well before Hurricane Sandy and its surge crashed onto the isle of Manhattan, well before the streets were flooded and the subways drowned, only the Goldman Sachs building sparkling above the darkened avenues.

Quotes by Cathleen Schine

In 2008, Goldman Sachs only paid 1.1 percent of its income in taxes even though it earned a profit of $2.3 billion and received an almost $800 billion from the Federal Reserve and U.S. Treasury Department.

Quotes by Bernie Sanders

Frequently Asked Questions

What do these Goldman Sachs quotes discuss?
They touch on Goldman Sachs in the context of banking leverage, the 2008 financial crisis, and public scrutiny of Wall Street.
Do the quotes explain how banking leverage changed before the crisis?
Yes, one contrasts traditional 8:1 leverage ratios with the far riskier 35:1 ratios investment banks carried heading into 2008.
Is Goldman Sachs criticized directly in these quotes?
One quote acknowledges public criticism of the firm while arguing broader shareholder pressure drives similar decisions industry-wide, tied to Building returns.
Do any quotes connect finance to public perception?
Yes, one notes that financial interests can look adversarial to the public when there is a perceived divide between money and people.
Are these quotes politically one-sided?
They are presented as commentary reflecting different viewpoints on Wall Street, without endorsing any single position, related to Best industry practices.

Others take a more critical tone toward the firm, tying public frustration with banks to broader pressure for Building shareholder returns.