In today's regulatory environment, it's virtually impossible to violate rules.
Bernard Madoff - Regulation - Crime - Lies

The nature of any human being, certainly anyone on Wall Street, is 'the better deal you give the customer, the worse deal it is for you'.
Bernard Madoff - Wall Street - Customers - Greed - Deals - Human Being

You had a lot of novice investors who got into the market looking for easy money, without any regard to the fundamentals. These stocks were running on fumes. (Madoff talking about the Internet bubble)
Bernard Madoff - Investing - Greed - Stocks - Money - Risk - Bull Market

Wall Street is one big turf war.. by benefiting one person you are disadvantaging another person.
Bernard Madoff - Wall Street - Stock Market

The person that is buying a share of stock is convinced he knows something that the other person who's selling it to him does not know. There's no zero sum game in Wall Street.
Bernard Madoff - Investing - Wall Street - Stocks - Stock Market - Buying - Selling

Whenever I go down to Washington and meet with the SEC and complain to them that the industry is either over regulated or the burdens are too great they all start to roll their eyes, just like all of our children do when we talk about the good old days.
Bernard Madoff - Regulation - Wall Street - Washington - Complain - Lobby

Today, basically, on Wall Street, the big money is made by taking risks.
Bernard Madoff - Wall Street - Stocks - Money - Risk