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.
Having no contemporaries left means you cannot say, 'Well, so-and-so will like this,' which you do when you're younger. You realize there is no so-and-so anymore. You are your own so-and-so. There is a bleak side to it.
It is safest to grasp the concept of the postmodern as an attempt to think the present historically in an age that has forgotten how to think historically in the first place.
I have noticed that whenever a person gives up his belief in the Word of God because it requires that he should believe a good deal, his unbelief requires him to believe a great deal more. If there be any difficulties in the faith of Christ, they are not one-tenth as great as the absurdities in any system of unbelief which seeks to take its place.
Many demons are in woods, in waters, in wildernesses, and in dark poolly places ready to hurt and prejudice people; some are also in the thick black clouds, which cause hail, lightning and thunder, and poison the air, the pastures and grounds.
British society has never been cleansed of the filth of imperialism.
The surest mark of true conversion is humility.
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