Arbitrage Quotes
A troubled hedge fund magnate desperate to complete the sale of his trading empire makes an error that forces him to turn to an unlikely person for help.
[first lines]
Maria Bartiromo: But you took a huge bet on the housing crisis in the middle of the biggest boom in housing anybody has ever seen. Why?
Robert Miller: I'm a child of the '50s. My father welded steel for the Navy, and my mother worked at the V.A. They lived through the Depression, Pearl Harbor, and the bomb. They didn't think that bad things might happen. They knew that bad things would happen.
Maria Bartiromo: Is that what's happening now?
Robert Miller: When I was a kid, my favorite teacher was Mr. James. Mr. James said world events all revolve around five things. M - O - N - E - Y.
Maria Bartiromo: But you took a huge bet on the housing crisis in the middle of the biggest boom in housing anybody has ever seen. Why?
Robert Miller: I'm a child of the '50s. My father welded steel for the Navy, and my mother worked at the V.A. They lived through the Depression, Pearl Harbor, and the bomb. They didn't think that bad things might happen. They knew that bad things would happen.
Maria Bartiromo: Is that what's happening now?
Robert Miller: When I was a kid, my favorite teacher was Mr. James. Mr. James said world events all revolve around five things. M - O - N - E - Y.
[last lines]
Brooke Miller: And to receive this prestigious award, I invite now to the stage the man who led this generous effort. And whose financial trading firm, Miller Capital, was just this morning acquired by Standard Bank and Trust. A dedicated businessman, a family man, philanthropist, and all-around humanitarian. A man I am very lucky to call my mentor, my friend, and my father. Mr. Robert Miller...
[standing applause]
Brooke Miller: And to receive this prestigious award, I invite now to the stage the man who led this generous effort. And whose financial trading firm, Miller Capital, was just this morning acquired by Standard Bank and Trust. A dedicated businessman, a family man, philanthropist, and all-around humanitarian. A man I am very lucky to call my mentor, my friend, and my father. Mr. Robert Miller...
[standing applause]
