Quote by: Laurence D. Fink

What Wall Street is, they're market makers. Wall Street's business model is making money on velocity of money. They're a click industry. That's what Wall Street is. They make a lot of money when there's a lot of turnover. And they make a lot of money when that velocity is fast.

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Author Bio

  • NameLaurence D. Fink
  • DescriptionAmerican financial executive
  • AliasesLaurence Douglas Fink; Laurence Fink
  • Born1952
  • CountryUnited States Of America
  • ProfessionPolitician; Manager; Economist; Chief Executive Officer; Financier