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T Quotes

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All T Quotes

“The securitisation of mortgages added a new dimension of systemic risk. Financial engineers claimed they were reducing risks through geographic diversification: in fact they were increasing them by creating an agency problem. The agents were more interested in maximising fee income than in protecting the interests of bondholders. That is the verity that was ignored by regulators and market participants alike.”

“The Security Council should be seen as the executive committee of the global security system set up after World War II. Its members, and especially the Permanent 5 (P5), have a special responsibility for international peace and security.”

“The security guard asked me what I was doing in the park at 2am. I told him I was burying a body. He didn’t seem happy with that. He was so unhappy that he reached for his gun and his walkie-talkie at the same time. This was his undoing. He never saw the shovel coming. Now one more body cluttered the landscaped lawn. I hoped I had enough lime to cover both of them. I’d found the instructions online. Same place as the instructions on how to make your own zombie. Those hadn’t worked. But the night was still young.”

“The security of the Nation is not at the ramparts alone, Security also lies in the value of our free institutions. A cantankerous press, an obstinate press, a ubiquitous press must be suffered by those in authority in order to preserve the even greater values of freedom of expression and the right of the people to know.”

“The sedition mongers are not numerous, but they frighten the peaceful majority, who, although it can be really strong, feels a veritable panic before this agitating force in the shadows? It is in this fear that lies the principal danger, and it would be in the veritable interest of the welfare of Europe that the Powers could show that the necessary force to support and defend the right is not still lacking to them.”

“The seductions of power, and all the wealth, honor, and luxury it gives, seem a sufficient aim for men's efforts only so long as they are unattained. Directly a man reaches them he sees all their vanity, and they gradually lose all their power of attraction. They are like clouds which have form and beauty only from the distance; directly one ascends into them, all their splendor vanishes.”

“The seed of a bamboo tree is planted, fertilized and watered. Nothing happens for the first year. There´s no sign of growth. Not even a hint. The same thing happens - or doesn´t happen - the second year. And then the third year. The tree is carefully watered and fertilized each year, but nothing shows. No growth. No anything. For eight years it can continue. Eight years! Then - after the eight years of fertilizing and watering have passed, with nothing to show for it - the bamboo tree suddently sprouts and grows thirty feet in three months!”

“The seed of a bamboo tree is planted, fertilized and watered. Nothing happens for the first year. There´s no sign of growth. Not even a hint. The same thing happens - or doesn´t happen - the second year. And then the third year. The tree is carefully watered and fertilized each year, but nothing shows. No growth. No anything. For eight years it can continue. Eight years! Then - after the eight years of fertilizing and watering have passed, with nothing to show for it - the bamboo tree suddenly sprouts and grows thirty feet in three months!”