If you look at every one of these [derivative] products, they make sense. But in aggregate, they are bullshit. They are crap. They serve to cheat people.
I have to say it: you have to do something about pay in the financial system. People in this field have way too much money. And this is not right.
It hurts to think, Okay, now we have to be on equal footing to other people. “On equal footing” would necessarily mean that sometimes you have to stoop to appear to be humble to other people.
If I tell you that all of those quotes are from the same source, can you guess who it might be?
I think the answer would surprise you.