The arrangement bore the same relation to actual finance as fantasy football bears to the NFL.

It is far better to keep the enemy close, by bribing him with stock options, than to have him out in the wild, foraging.

If you had to point to one thing that made it less likely that the Red Sox would win the World Series, I would say it was those people that go to Fenway Park to watch the games. And then the media around it.

What are the odds that people will make smart decisions about money if they don't need to make smart decisions--if they can get rich making dumb decisions? The incentives on Wall Street were all wrong; they're still all wrong.

In Bakersfield, California, a Mexican strawberry picker with an income of $14,000 and no English was lent every penny he needed to buy a house for $724,000.

It's such a pain in the ass to write a book, I can't imagine writing one if I'm not interested in the subject.

I was really interested in a pretty simple thing: what happens when someone tries to introduce moral considerations into Wall Street, what happens when someone wants to actually demand of himself and those who work with him that what they do is not just profitable but good and useful.