“The greatest strength you can have is to know your own strengths. You've got to figure out what you're good at and make the most of it.”
“You're perfect. To me you are. You always will be. When you're small you think that about your parents. When you're old, you think that about your kids. You'll see.”
“You can point to Deal A and say, "That shouldn't have happened," but what does a guy in my position do? Challenge one? I'd get fired. Challenge them all? I'd get banished from the industry. Then what? Nothing has changed.”
“To be jealous of money is uninspired ... You can only be jealous of someone who has something that you can never have. More style, for example, or wit. Money is easily earned.”
“We stay in the game so that we can provide for our family. That's the smart thing to do. The problem arises when the game is being played with rules the rest of the world doesn't understand. The mortgage business, for example. Everybody in the business knew the rules. Everyone was playing by them. Problem was, the little guy on Main Street didn't, so the little guy got burned.”
“And what should he have known? Well, who could answer that? Thought he was closer to all the players than anyone, he still couldn't identify who was responsible and who wasn't. Really responsible, not just "look the other way" responsible. They all were, in some larger sense. And yet, while he knew this was a wholly indefensible position, he felt that somehow none of them were, either. Just like the guys at Lehmen, or Bear Stearns, or AIG. Just like the guys at Delphic. It became a game, a contest; the only rules that governed were what made you money and what didn't. All Paul did was hang the hell on and try not to get thrown.”
“Still, it felt a little strange, as though he had joined a preexisting family instead of beginning one of his own.”