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A financial institution has the task of taking risks, and if it's a well run institution - say, Goldman Sachs - it tries to cover the potential losses to itself, but only to itself.
Noam Chomsky
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"A financial institution has the task of taking risks, and if it's a well run institution - say, Goldman Sachs - it tries to cover the potential losses to itself, but only to itself."
— Noam Chomsky #moneywealth

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A financial institution has the task of taking risks, and if it's a well run institution - say…

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A financial institution has the task of taking risks, and if it's a well run institution - say, Goldman Sachs - it tries to cover the potential losses to itself, but only to itself. — Noam Chomsky

About Noam Chomsky

Noam Chomsky was a Activist from United States (1928–present).

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Frequently Asked Questions

Who said "A financial institution has the task of taking risks, and if it's a well run in…"?
This quote is attributed to Noam Chomsky, a Activist from United States.
When did Noam Chomsky live?
Noam Chomsky lived from 1928 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.