“Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional business and retail lending activities as banks try to rebuild their balance sheets. This was one aspect of modern financial liberalisation that had dire consequences.”

“When you run into someone who is disagreeable to others, you may be sure he is uncomfortable with himself; the amount of pain we inflict upon others is directly proportional to the amount we feel within us.”