Borrowers Quote by Jimmy Hoffa
“Sure, we loaned money to build hotels and casinos in Las Vegas. So what? Las Vegas borrowers were good customers.”
About This Quote
Source Interview: 1970s labor leader interview, 1973
The speaker downplays criticism of financing gambling ventures, implying the borrowers were reliable.
In simple terms: Financing risky projects can be justified if borrowers are trustworthy.
Key Takeaway
Consider risk versus borrower reliability.
Themes
finance
risk
trust
Mood
reflective
analytical
neutral
Type
statement
business
When to use this quote
- business decisions
- risk assessment
- ethical finance
Key Concepts
investment
gambling industry
Questions to Reflect On
- Is it ethical to fund high‑risk industries?
- How does borrower reputation affect financing decisions?
A Different Perspective
Risky ventures can still be ethical if borrowers are good.
