Category Archives: Classic Quotes

“I’ve effectively washed a 30-year career down the drain.”

Ralph R. Cioffi, former Bear Stearns hedge fund manager, in a June 2007 e-mail after a Bear Stearns subprime hedge fund lost 100% of its value.  Mr. Cioffi had earned an 8-figure salary in 2006 and was indicted on June 19, 2008 … Continue reading

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“[T]he subprime market looks pretty damn ugly. . . If we believe [our internal modeling] is ANYWHERE CLOSE to accurate I think we should close the funds now. The reason for this is that if [our internal modeling] is correct then the entire subprime market is toast. . . . If AAA bonds are systematically downgraded then there is simply no way for us to make money — ever.” (Emphasis appears in original text)

E-mail from Matthew M. Tannin to Ralph Cioffi (sent using his private e-mail account to Mr. Cioffi’s wife’s e-mail account), former Bear Stearns hedge fund managers who have been charged with fraud.  A later meeting between the two found Mr. Tannin convinced … Continue reading

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“I have a huge test on a book tomorrow I haven’t read and its not on spark notes (sic throughout).”

Text message of Tanvar Singh to his friend, Omar Shahid Khan.  The two were charged with, among other things, breaking and entering their school, Tesoro High, to obtain copies of an AP English exam and the Scantron answer key.

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“We have no regard for each other. We no longer have a moral compass.”

Daryl Roberts, chief of police, Hartford, Connecticut, after seeing the video tape from security cameras that showed dozens passing and driving by a 78-year-old hit-and-run victim.  Another Kitty Genovese?

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“At such a life-and-death moment, I would only give up my life for my daughter. I would not do it for other people, even my mother.”

Fan Meizhong, a teacher who abandoned his students when the May 12th earthquake hit China. 

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“I never told you a lie. I told you incremental escalations of half-truths.”

Nancy Clark (Goldie Hawn) to her husband, Henry Clark (Steve Martin) in Neil Simon’s “The Out-of-Towners.”

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“It is not actually reality, but my reality.”

Author Misha Defonseca.

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“I misremembered.” Roger Clemens

Some suggested the slugger may have “lied.”

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“Yikes!!!!” “Double Yikes!!!!”

Wachovia Bank executive to another executive upon her realization, through 4,500 customer complaints, that telemarketers that paid Wachovia for access to its customers were defrauding Wachovia customers.

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