Tuesday, February 26, 2013

Quotation of the day for February 26, 2013

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Quotation of the Day for February 26, 2013



"The greatest triumph of the banking industry wasn't ATMs or even depositing a check via the camera of your mobile phone," notes Barry Ritholtz, a money manager and author of Bailout Nation. "It was convincing Treasury and Justice Department officials that prosecuting bankers for their crimes would destabilize the global economy."

- Barry Ritholtz, quoted by Daniel Gross in "Why Do Banks Get Away With Murder?"

[http://www.thedailybeast.com/articles/2013/02/07/why-do-banks-get-away-with-murder.html]

Submitted by: Wendy Ritholtz
Feb. 23, 2013

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