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Matt Taibbi Quotes: Ratings agencies are the glue that ostensibly holds the entire financial industry together.
         

Ratings agencies are the glue that ostensibly holds the entire financial industry together.


Matt Taibbi
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"Matt Taibbi Quotes." Quoteslyfe.com, 2025. Sat. 01 Feb. 2025. <https://www.quoteslyfe.com/quote/Ratings-agencies-are-the-glue-that-ostensibly-872091>.





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Other quotes of Matt Taibbi


The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.

The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.



In a society governed passively by free markets and free elections, organized greed always defeats disorganized democracy.

In a society governed passively by free markets and free elections, organized greed always defeats disorganized democracy.



Being a wiseass in a groupthink environment is like throwing an egg at a bulldozer.

Being a wiseass in a groupthink environment is like throwing an egg at a bulldozer.



Obviously the commercial news media tries to get you worked up and terrified so you'll buy products that they're advertising.

Obviously the commercial news media tries to get you worked up and terrified so you'll buy products that they're advertising.



I'm a product of an East Coast liberal arts educational system.

I'm a product of an East Coast liberal arts educational system.



Within the cult of Wall Street that forged Mitt Romney, making money justifies any behavior, no matter how venal.

Within the cult of Wall Street that forged Mitt Romney, making money justifies any behavior, no matter how venal.



Mike Huckabee represents something that is either tremendously encouraging or deeply disturbing, depending on your point of view: a marriage of Christian fundamentalism with economic populism.

Mike Huckabee represents something that is either tremendously encouraging or deeply disturbing, depending on your point of view: a marriage of Christian fundamentalism with economic populism.



There is a reason it used to be a crime in the Confederate states to teach a slave to read: Literacy is power.

There is a reason it used to be a crime in the Confederate states to teach a slave to read: Literacy is power.



Why is JP Morgan getting so much heat? Maybe because it is a massive international crime syndicate.

Why is JP Morgan getting so much heat? Maybe because it is a massive international crime syndicate.



Organized greed always defeats disorganized democracy.

Organized greed always defeats disorganized democracy.





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People think that the opposite of success is failure, but it's not. Failure is part of the process of success.

People think that the opposite of success is failure, but it's not. Failure is part of the process of success.



Dear Influencers: Trolls will lurk under the bridges you build to gobble you up. They are hangry for attention. Build bridges anyways.

Dear Influencers: Trolls will lurk under the bridges you build to gobble you up. They are hangry for attention. Build bridges anyways.



Collaboration requires focusing on everything from vision and values to how individuals can feel they are making a real contribution.

Collaboration requires focusing on everything from vision and values to how individuals can feel they are making a real contribution.



You can't forgive your captor and simultaneously be upset at your place in society.

You can't forgive your captor and simultaneously be upset at your place in society.



Theatre sports is the best improv training period.

Theatre sports is the best improv training period.



Maybe the bike is more dangerous, but the passion for the car for me is second to the bike.

Maybe the bike is more dangerous, but the passion for the car for me is second to the bike.



I feel emptiness, and he probably won't be able to close his eyes for two or three days.

I feel emptiness, and he probably won't be able to close his eyes for two or three days.



I love to write jokes and that's all I think about.

I love to write jokes and that's all I think about.



You are before being and not being, awake and dream take place in time. You have no time.

You are before being and not being, awake and dream take place in time. You have no time.



I am fully and entirely concentrated on the board. I never even consider my opponent's personality. So far as I am concerned, my opponent might as well be an abstraction or an automaton.

I am fully and entirely concentrated on the board. I never even consider my opponent's personality. So far as I am concerned, my opponent might as well be an abstraction or an automaton.




Quote Description


This page presents the quote "Ratings agencies are the glue that ostensibly holds the entire financial industry together.". Author of this quote is Matt Taibbi. This quote is about together, glue, financial, industry, agency,.