Does anyone believe that Goldman Sachs is gonna give up a deal that would yield millions of dollars because someone fussed at them behind closed doors?
Interpretation
The quote highlights the unlikelihood of corporations sacrificing profit due to ethical concerns voiced privately.
Elizabeth Warren's quote underscores the pervasive influence of profit motives within major corporations like Goldman Sachs. It questions the effectiveness of private complaints or ethical discussions in instigating real change, suggesting that financial incentives often outweigh moral considerations in corporate decision-making.
In practice
During a debate about corporate accountability, this quote could be used to emphasize the challenges of ethical reform.
Families rely on financial services more than ever, but those who need them most - who struggle to make ends meet - too often must contend with sky-high interest rates and tricks and traps buried in the fine print of their loan products.
There's been such a sense that there's one set of rules for trillion-dollar financial institutions and a different set for all the rest of us. It's so pervasive that it's not even hidden.
Mitt Romney is the guy who said corporations are people. No, Governor Romney, corporations are not people.
I talk to nurses and programmers, salespeople and firefighters - people who bust their tails every day. Not one of them - not one - stashes their money in the Cayman Islands to avoid paying their fair share of taxes.
'Middle class' used to be synonymous with secure, with steady, with boring, because middle-class people were people who were pretty much safe from the time they first started work on through retirement and until their deaths. No longer.
We shouldn't be profiting from our students who are drowning in debt while giving a great deal to the banks. That's just wrong.
Every man to whom salvation is offered has an inalienable natural right to say 'No, thank you: I prefer to retain my full moral responsibility: it is not good for me to be able to load a scapegoat with my sins: I should be less careful how I committed them if I knew they would cost me nothing.
There lived a redheaded man who had no eyes or ears. He didn’t have hair either, so he was called a redhead arbitrarily. He couldn’t talk because he had no mouth. He had no nose either. He didn’t even have arms or legs. He had no stomach, he had no back, he had no spine, and he had no innards at all. He didn’t have anything. So we don’t even know who we’re talking about. It’s better that we don’t talk about him any more.
I never gave up Christianity until I was forty years of age.
After the conversations about Indian philosophy, some of the ideas of Quantum Physics that had seemed so crazy suddenly made much more sense.
The New Testament is of full authority and open to the understanding of simple men as to the points most needful to salvation.
The individual cannot bargain with the State. The State recognizes no coinage but power: and it issues the coins itself.
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