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Alex Berenson Quotes

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The American pledge not to negotiate with terrorists has been honored more in the breach than the observance from the moment President Ronald Reagan made it  (Alex Berenson Quotes) The fact that we haven’t faced another major terrorist attack on American soil since Sept. 11 is a very significant achievement, and one that’s easy to forget - it’s the dog that doesn’t bark  (Alex Berenson Quotes) Whatever the potential pitfalls, banks are increasingly enthusiastic about venture capital, particularly in new companies with strong prospects in fields like health care and technology  (Alex Berenson Quotes) In general, great companies prefer to grow organically, as Wall Street likes to say. That is, from the inside out, by finding new markets or by taking market share from their competitors  (Alex Berenson Quotes) The difference between microeconomics and macroeconomics is a bit like the difference between biology and medicine. Knowing that certain genes increase the risk of cancer is relatively easy. Figuring out exactly which people will get sick, or how to cure them, is a lot more complicated  (Alex Berenson Quotes) Stocks in the United States plunged in 2002 amid fears of war and terrorism, a weak economy, rising oil prices and dozens of corporate scandals. It was the third consecutive annual decline, the first time that has happened in 60 years  (Alex Berenson Quotes) Robert M. Morgenthau, the Manhattan district attorney, has seen a few financial schemes in his time. As the lead local prosecutor in the world’s financial capital, he has battled frauds like the Bank of Credit and Commerce International, which stole billions of dollars from investors worldwide  (Alex Berenson Quotes) On the New York Stock Exchange, all buy and sell orders are routed through a single ‘specialist,’ guaranteeing that most small trades can be matched directly. But most larger trades are delivered to the specialist on the floor of the exchange by human brokers, a system that big investors view as increasingly inefficient  (Alex Berenson Quotes) Mr. Hussein began building Ghazalia in the early 1980s as a home for army officers and other members of his Baath Party. Concrete mansions with pillars and domes are common in the southern half of the district  (Alex Berenson Quotes) Microeconomics is the study of how specific choices made by businesses, consumers and governments affect the markets for different goods and services. For example, a microeconomist might examine how price changes affect sales of apples relative to oranges  (Alex Berenson Quotes) It’s no secret that big institutional investors have a lot of advantages on Wall Street. They get the first chance to buy hot initial public offerings. They get to meet in person with companies’ managements  (Alex Berenson Quotes) In Ghazalia, Mr. Hussein showed his contempt for the majority Shiites in ways large and small. He refused to allow them even one mosque, while the Sunnis had nearly a dozen. To worship, the Shiites had to cross an inconveniently located bridge over the sewage canal to Shula  (Alex Berenson Quotes) In a Ponzi scheme, a promoter pays back his initial investors with money he has raised from new investors. Eventually, the promoter can no longer find enough new investors to pay off the people who have already put up money, and the scheme collapses  (Alex Berenson Quotes) From 1983 to 2000, William Goren stole more than $30 million from investors on Long Island and in Queens. His favorite targets were widows and retired couples, like Helga and Simon Novack, Holocaust survivors who gave Mr. Goren their life savings  (Alex Berenson Quotes) For value investors, General Motors is a tempting target. The company’s share of the North American auto market has steadily declined for two decades, and analysts say the company suffers from weak management and unexciting cars  (Alex Berenson Quotes) For a spy novelist like me, the Edward J. Snowden story has everything. A man driven by ego and idealism - can anyone ever distinguish the two? - leaves his job and his beautiful girlfriend behind. He must tell the world the Panopticon has arrived. His masters vow to punish him, and he heads for Moscow in a desperate search for refuge  (Alex Berenson Quotes) Fannie Mae is owned by shareholders but operates under a federal charter that exempts it from paying state or local taxes. As a result, many professional investors think the government would repay the debt that Fannie Mae had issued if the company could not, although Fannie Mae explicitly says that its bonds do not carry a federal guarantee  (Alex Berenson Quotes) Economics pretends to be a science. Its practitioners fill blackboards with equations and clog computers with data. But it is really a faith, or more accurately a set of overlapping and squabbling faiths, each with its own doctrines  (Alex Berenson Quotes) Determining how many asbestos suits have been filed or how much companies have spent to resolve them is difficult. Cases are filed in state and federal courts, and many companies do not disclose their spending on settlements  (Alex Berenson Quotes) Automated call centers are only the most obvious way speech recognition will be used. The software is now becoming sophisticated enough to identify speakers through ‘voiceprints,’ akin to fingerprints, eventually reducing the need for personal identification numbers  (Alex Berenson Quotes) As a reporter, I embedded for modest stints with American soldiers in Afghanistan and Iraq. When I’m asked about those experiences, I always say - and mean - that we civilians don’t deserve the soldiers we have  (Alex Berenson Quotes) The most distinguishing element of my novels is that I try as hard as I can - within the context of a popular commercial thriller - to make them feel authentic. Drawing on real locations and real events is part of that authenticity  (Alex Berenson Quotes) If only the human body could handle trauma as well as biotechnology stocks do  (Alex Berenson Quotes) Volatility may be rising simply because investors must digest more information every day  (Alex Berenson Quotes) Even so, sometimes I wish I did have a little bit more flair in my language  (Alex Berenson Quotes) Evidence of defendants lavish lifestyles is often used to provide a motive for fraud. Jurors sometimes wonder why an executive making tens of millions of dollars would cheat to make even more. Evidence of habitual gluttony helps provide the answer  (Alex Berenson Quotes)
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