Bailing out every bank that fails makes the system riskier, not safer. Download Download Share on Facebook Share on Twitter Rotate quotes bail bank fail
If you are an Arabic-speaking, Greek-Orthodox going to a French school it makes you deeply sceptical if you have to listen to three different accounts of the Crusades - one from the Muslim side, one from the Greek side and one from the Catholic side. Nassim Nicholas Taleb accountarabiccatholic share on social
The grandchildren should not bear the debts of the grandparents. Nassim Nicholas Taleb beardebtgrandchild Change image and share on social
Never take advice from anyone in a tie. They'll bankrupt you. Don't ask a general for advice on war, and don't ask a broker for advice on money. Nassim Nicholas Taleb advicebankruptbroker Change image and share on social
Leverage is great when it works, and when it doesn't work, it creates a lot of issues. So I think if you limit the amount of leverage that people can borrow, or that banks can borrow, I think you'll find that you'll have a lot less issues going forward. Marc Lasry amountbankborrow share on social
People have this idea that the more pious and devout I am, the more successful I am. Which is very dangerous. If you look at faith in that way, you're bound to fail at both - spiritually and in your career. Troy Polamalu bindcareerdangerous share on social
Despite being bailed out - in some cases repeatedly - by the public purse, the automakers have shown little public spirit. Robert Zubrin automakerbailcase Change image and share on social
