Book Quote by Warren Buffett

AIG would be doing fine today. It was one of the ten largest companies in the United States in terms of market value, over…

— Warren Buffett

AIG's failure revealed systemic problems in the OTC derivatives market that went well beyond the failure of a single market participant.

— Jerome Powell

ICG wasn't an index fund so much as a collection of venture-capital investments focused on so-called business-to-business Internet companies.

— Adam Lashinsky

ICG became a dot-com joke, a one-stock example of extreme hubris on the part of its management and the investment bankers and sell-side analysts…

— Adam Lashinsky

Publishers, naturally, loathe used books and have developed strategies to depress the secondhand market. They bring out new, even more expensive editions of popular…

— James Surowiecki

If you were at Lehman, the same thing happened. If you were at AIG, the shareholders are getting creamed on these things. And those…

— Warren Buffett

I didn't become interested in derivatives until 1982, 1983.

— John Hull

What I think about derivatives is if every institution that owns or trades them is properly margined and marked to market, including end-users, including…

— Paul Singer

I hate those e-books. They cannot be the future. They may well be.

— Maurice Sendak

We have institutions that have been allowed to become too big to fail because we had all kinds of flaws in our financial infrastructure,…

— Henry Paulson

I mean there is no capital requirements to it or anything of the sort. And basically, I said there were possibly financial weapons of…

— Warren Buffett

I had a talk with the president of my publisher, and he averred that e-books are dropping off . So I wonder if the…

— Rick Moody