Bernard Baruch Quotes

Investing in auto companies and ensuring a financial collapse didn't lead not from a recession to a great depression may not have been the most popular thing to do, but it was the right thing to do.

Because its hard to realize now that that was the end of the great depression, you know. All of a sudden all of this is in front of me and I'm solvent, you know. I'm making some money and I know where my next meal is coming from, and I have a new pair of shoes and that's it.

It was the height of the Depression, and suddenly I am earning pots of money.

New York never felt the recession. New York never felt a depression.

Gentleman, you have come sixty days too late. The depression is over.

The problem now is to shape our policy so as to avoid a calamitous break in the stock market … and at the same time accomplish if possible, the recovery of Europe.

The impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained.

I admire President Obama. He inherited the worst financial crisis since the Great Depression. That was a terrible time for America.

I don't know of any of us that want to see any kind of default happen.

I would like to thank the Cypriot people for their maturity and collectedness shown in their interactions with the Cypriot Banks.

Our economy is increasingly dependent on the success and integrity of the financial markets.

The only reason investors haven't run screaming from an obviously corrupt financial marketplace is because the government has gone to such extraordinary lengths to sell the narrative that the problems of 2008 have been fixed.

It goes to establish a just and permanent principle of trade which puts an end to all serious fluctuations in prices and consequently, to all the insecurity and ruin which these fluctuations produce; and to build up those who are already ruined.

We do not want financial convulsions.

I don’t care a damn about stocks and bonds, but I don’t want to see them go down the first day I am President.

It always looks dark at the bottom of a recovery.

There will be no repetition of the break yesterday …. I have no fear of another comparable decline.

Not having a country with a financial crisis in the year is a pretty big deal to me. But something that didn’t happen is not something that people will focus on.

… there must be a strict supervision of all banking and credits and investments; there must be an end to speculation with other people's money

Social Security has proved far more solvent and sound than anything Wall Street has produced.

Helping Wall Street regain confidence and stability was the last thing an angry public wanted in 2009 after the markets crashed. But without such support, markets can buckle and liquidity can disappear - often for decades, as has been the case in Japan.

To restore confidence in our markets and our financial institutions so they can fuel continued growth and prosperity, we must address the underlying problem. The federal government must implement a program to remove these illiquid assets that are weighing down our financial institutions and threatening our economy.

I got a job in advertising. So even though I was writing, I was always supporting myself. That's the thing that would matter for my father, who was absolutely a creature of the Great Depression.

The financial crisis and the Great Recession demonstrated, in a dramatic and unmistakable manner, how extraordinarily vulnerable are the large share of American families with very few assets to fall back on. We have come far from the worst moments of the crisis, and the economy continues to improve.

Just having the economy picking up doesn't mean that we will get through or that we will turn the chapter on many of the problems that we see ahead of us.