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Quote du Jour: “Because that’s where the REAL money is.”
Today’s quote du jour comes from Barry Ritholtz, editor of The Big Picture blog and author of Bailout Nation, who said: “The new ‘Banksters’ are proving Willie Sutton [prolific US bank robber] wrong. Sutton famously answered the question ‘Why do you rob banks?‘ by saying ‘Because that’s where the money is‘. “Ahhh, the good old days, when robbers used guns to hold up a single bank and tried to steal money $10,00 at a time! “Sutton was small time. The real money is in emptying out the Treasury, trillions of dollars at a time. “Why? ‘Because that’s where the REAL money is.‘”
More on this topic (What's this?) Lack of Prosecution of Bank Fraud: Conflict of Interest? (Money Morning, 2/2/12) The One Question We Must All Ask Ourselves (Money Morning, 1/5/12) Financial Stock Options (Wealth Daily, 3/17/09) Leave a Reply | |||||||||||
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