All taxpayers feel a tremendous sense of frustration as they see many tens of billions of dollars of bonuses paid to the same mega banks that were on the brink of bankruptcy and were only saved by massive government rescue money and support. We are not satisfied by the fact that many of them have paid the money back, nor should we be.

Do I think it is good policy for the government to own companies? Normally, I'd say 'no.' But in my world, if a firm puts itself in a position that it needs a last minute rescue, and the future is uncertain at best, then the investor who steps into that breach ends up owning the company. Full stop.

I strongly believe in a free market, and it is great when companies make money and pay their people well.

John Delaney Quotes