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John McCain

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You know that there’s been tremendous turmoil in our financial markets and Wall Street. And it is – it’s – people are frightened by these events. Our economy, I think, still, the fundamentals are – of our economy are strong, but these are very, very difficult times. And I promise you, we will never put America in this position again. We will clean up Wall Street. We will reform government.
--
Speaking at Jacksonville, Florida the day after the collapse of Lehman Brothers and the sell-off of Merrill Lynch, September 15, 2007

 
John McCain

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I wanted to explore the new Wall Street. When I was writing SCARFACE in Miami, there was so much coke around and so many lunatics, and I met so many kids from Wall Street who were millionaires. I thought older men were rich, but here were these kids, 25 or 28 or 35 years old, with millions of dollars playing the markets all over the world around the clock. My father would have been shocked by the new electronics that allowed it…. Dad was a stockbroker on Wall Street when there was more integrity and class.

 
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What is the responsibility of the people who cover Wall Street? Who are you responsible to? The people with the 401Ks and the pensions and the general public or the Wall Street traders—and by the way, this casts aspersion on all of Wall Street when that's unfair, as well! The majority of those guys are good guys. They're working their asses off, they're really bright guys. I know a lot of 'em, they're just trying to do the right thing and they're gettin' f**ked in this thing, too!

 
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The issue of economics is not something I’ve understood as well as I should. I’ve got Greenspan’s book.... I've never been involved in Wall Street, I've never been involved in the financial stuff, the financial workings of the country, so I'd like to have somebody intimately familiar with it.

 
John McCain
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