A banking system is an act of faith: it survives only for as long as people believe it will.
Michael LewisThe Irish turned in on themselves and bid up their own land prices in the most extraordinary ways... The Irish people stepped in and guaranteed the banks, and committed to repay sums they can't afford to repay, and essentially committed themselves to generations of suffering.
Michael LewisI was gonna put him on the bus...I got tired of him talking, it was time for him to go home.
Michael LewisManagers tend to pick a strategy that is the least likely to fail, rather then to pick a strategy that is most efficient," Said Palmer. " The pain of looking bad is worse than the gain of making the best move.
Michael Lewis