I made it real clear to the business community - if your plan for innovation is to trick people, is to fool them, is not to tell them the truth about the price, then you're right: I'm going to be right in the way.
Interpretation
This quote emphasizes the importance of honesty in business practices, particularly regarding innovation and pricing.
Elizabeth Warren advocates for transparency in the business community, especially concerning the authenticity of innovative products and their pricing. She warns that deceptive practices, aimed at manipulating consumers, will meet resistance, highlighting the need for integrity and truthfulness in business dealings.
In practice
During a business seminar on ethics, this quote can emphasize the significance of honesty.
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.
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?
In her second career as a minister, my mother defied a legacy of chauvinism to become a leader of our community, overseeing a church that served as a hub, offering parenting classes, a food pantry, after-school programming, and - in the wake of Hurricane Katrina - a lifeline to those ravaged by loss.
As coaches we talk about two things: offense and defense. There is a third phase we neglect, which is more important. It's conversion from offense to defense and defense to offense.
Leadership is about tapping the wellsprings of human motivation - and about fundamental relations with one's fellows.
Poor leaders push us towards the goal. Great leaders guide us through the journey.
Personal leadership is the process of keeping your vision and values before you and aligning your life to be congruent with them.
Leadership is happening, but it's not coming from the leaders of the old institutions. Everywhere you look, you see these extraordinary, sparkling new initiatives that are under way.
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