2009's Quotes of the Year | AccountingWEB

2009's Quotes of the Year

As is traditional at this time of year, we like to gather together some of the wise and witty sayings that have popped up during the year in the world of accountancy. Some of the material is available on our Best of 2009 page, but I'll also be trawling through the archive for epoch-making statements, pithy bon mots and witty quips.

If you can remember any particularly telling comments, phrases or quotes, please add them below and we'll include the best ones in our New Year round-up.
John Stokdyk, Technology editor

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Richard Murphy has risen to the challenge

John Stokdyk | | Permalink

On his Tax Research blog, Richard Murphy has been putting forward a few suggestions for 2009 quotes of the year, including:

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“To paraphrase a great wartime leader, never in the field of financial endeavour has so much money been owed by so few to so many. And, one might add, so far with little real reform.” - Mervyn King, governor of the Bank of England, 20 October.

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“[The City had grown] beyond a socially reasonable size. I think some of it is socially useless activity,” adding that the financial sector had “swollen beyond its socially useful size” and seemed to make excessively large profits. - Lord Turner, chairman of the Financial Services Authority.

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He is, he says, just a banker “doing God’s work” - Lloyd Blankfein, chairman and CEO, Goldman Sachs.

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“We have agreed that there will be an end to tax havens that do not transfer information upon request. The banking secrecy of the past must come to an end.” Prime minister Gordon Brown at this year's G20 summit.

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“The choices are between going for growth or putting the recovery at risk. To reduce the deficit while protecting front-line services or cuts which put these services in danger.” Chancellor Alistair Darling in his Pre-Budget Report speech.

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Article now live

John Stokdyk | | Permalink

In case you missed it, the 2009 AccountingWEB Quotes of the Year article is now live.

As the introduction puts it, follow the link for an "impressionistic review of the past 12 months drawn from AccountingWEB.co.uk's archive of pithy comments and pointed debate".

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