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— Elliott Erwitt"Photoshop is useful in many ways but must NEVER be used for the altering of photographs. My assistants and my agency do whatever Photoshop work for me that may be required as it is too complicated for my brain."
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Perhaps the best motivation for going to Mars is political. It is obvious that no single nation currently has either the will or the resources to do it alone, but a consortium of nations and space agencies could achieve it within 20 years.
— Paul Davies
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The securitisation of mortgages added a new dimension of systemic risk. Financial engineers claimed they were reducing risks through geographic diversification: in fact they were increasing them by creating an agency problem. The agents were more interested in maximising fee income than in protecting the interests of bondholders. That is the verity that was ignored by regulators and market participants alike.
— George Soros
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