Emily Thornberry Quotes


Related Quotes

At the time of this interview there had been a decade of business fraud at many different levels. The regulatory agencies supposedly responsible for the regulation had neither the staff or the political will to even enforce the laws and regulations then in existence and there were many loopholes in those. Many business interests opposed all regulation and strict enforcement as a diminution of the health of the economy. Others, like Greenspan, saw fraud as corrupting the markets themselves and therefore the usual capitalistic economic competitive forces that would control business do not operate with extensive fraud.


Greenspan was not the amoral fool that this quotation makes him seem. Despite the fact that he was the most important financial officer of the country, he had an ideological faith that a free market was self-corrective in a democracy. The financial industry would police itself he believed. He also trusted the self interest of the financial corporations to restrain them from getting too greedy -- {637989}. He and many others were wrong and most Americans paid the price.


Emily Thornberry
Emily Thornberry
  • Born: July 27, 1960
  • Nationality: British
  • Profession: Politician

Emily Anne Thornberry is a British politician who has been the Member of Parliament (MP) for Islington South and Finsbury since 2005. A member of the Labour Party, she has served as Shadow Secretary of State for International Trade since 2020. She had previously served in the Shadow Cabinet of Jeremy Corbyn as Shadow First Secretary of State from 2017 to 2020 and Shadow Secretary of State for Foreign and Commonwealth Affairs from 2016 to 2020.