Wilbur Ross Quotes

13 quotes in 285 categories

• I see myself as a private-equity investor that helps rebuild companies. Restructuring is a cottage industry in that there aren't that many serious practitioners.
• Shale gas, if left to flourish, could create several hundred thousand more jobs.
• Banking, I would argue, is the most heavily regulated industry in the world. Regulations don't solve things. Supervision solves things.
• Each weekend I play at least one and maybe two sets of tennis a day. My doubles team was in the finals recently at my…
• You cannot just keep borrowing more and more and keep spending more and more without eventually having a day of reckoning.
• Ships are a strange kind of commodity because they're very lumpy, very big individual units, but they're commodities.
• If you want to do something to destroy consumer spending, just eat away at the middle class because the other problem we have is the…
• What is worrisome about that is the U.S. standard of living. I think it is very difficult to envision our standard of living being preserved…
• Between the Community Redevelopment Act, requiring banks to make what I would call very weak loans, and specific quotas that the Congress imposed on Fannie…
• There is a future for the auto parts industry, but it needs a consolidation and a rationalization of geography in that most suppliers have facilities…
• Generally speaking, companies get into bankruptcy as a kind of meritocracy. Somebody made some sort of big mistake, to get into bankruptcy, and very often,…
• Shipping has a great oversupply of vessels that came from over-ordering a few years back. We think 2014 may be when it turns around.
• I think at the end of the day, the real sick man of Europe is liable to turn out to be France, not Greece, not…

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