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Karen Ho Quotes

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Famous Karen Ho Quotes

“The premise of accepting a job at an investment bank is the understanding that you are "rewarded" for the risk of taking on a job that is not a career but rather a "financial relationship" where you must be worth more than what you are being paid today.”

Relationship Rewards Career Investment Banking

Book:Liquidated: An Ethnography of Wall Street

Source: Liquidated: An Ethnography of Wall Street

“Hegemony is not only hard work but also boastful.”

Hard Work Hegemony Boastful

Book:Liquidated: An Ethnography of Wall Street

Source: Liquidated: An Ethnography of Wall Street

“For years, we have been told that bankers were paid so much because they were cleverer than the rest of us. Now, it turns out you were not clever at all, and we are all suffering for your stupidity.”

Smart Economics Stupidity Hegemony Market Wall Street

Book:Liquidated: An Ethnography of Wall Street

Source: Liquidated: An Ethnography of Wall Street

“Investment banks are pressured to create hype and stimulate "investor appetite.”

Hype Investment Banking Investor Behavior Stimulate

Book:Liquidated: An Ethnography of Wall Street

Source: Liquidated: An Ethnography of Wall Street

“Wall Street's contradictory approach to shareholder value and bull markets sets the stage for a financial crisis.”

Financial Crisis Wall Street Shareholder Value Bull Market

Book:Liquidated: An Ethnography of Wall Street

Source: Liquidated: An Ethnography of Wall Street

“Investment banking practices promoted a surge of predatory lending to originate loans and created a market for buying bonds based on them.”

Bonds Market Investment Banking Loans Predatory Behavior

Book:Liquidated: An Ethnography of Wall Street

Source: Liquidated: An Ethnography of Wall Street