In order to work well, markets need a basic level of trust.
Sentiment: NEGATIVE
Trust is central to an economy that works.
It's mostly the financial chicanery that's going on. People are saying 'What kind of trust can we put in this market?'
The trust institutions have in the marketplace, the confidence customers and suppliers and workers and employees have, are very important to a business's effectiveness.
As someone with a deep faith in competition and the market, I also know that markets only work with tough enforcement of the rules that guarantee competition and fair play - and that the pressure to break those rules only gets stronger as the amount of money involved gets larger.
Trust is the lubrication that makes it possible for organizations to work.
Markets are a good thing, and they are the best way of ensuring we have fairness.
Markets need morals.
As a whole, investors should welcome attempts to safeguard the integrity of markets. You need very clear rules applied to markets.
The toughest thing about the power of trust is that it's very difficult to build and very easy to destroy. The essence of trust building is to emphasize the similarities between you and the customer.
We see ourselves as first helping to open up markets to competition.
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