"A holding company is a thing where you hand an accomplice the goods while the policeman searches you"
About this Quote
The intent is classic Rogers: puncture respectable language with a plainspoken image that makes the respectable sound ridiculous. “Accomplice” is the key insult. He’s not describing partners or subsidiaries; he’s describing co-conspirators. The policeman isn’t a villain here, just a prop in a system that’s easy to outsmart if you’ve got the right structure. That’s the subtext: regulation exists, enforcement exists, but the wealthy have invented a way to be searched and found clean anyway.
Context matters. Rogers was a Depression-era celebrity with a populist radar for scams dressed up as sophistication. Holding companies were associated with opaque ownership, utility pyramids, and financial engineering that helped inflate bubbles and dodge accountability long before the New Deal tried to tighten the screws. The line works because it collapses the distance between Wall Street and the alley, suggesting they run on the same logic; one just has better suits and better nouns. It’s not anti-business so much as anti-pretense: if the law can be gamed by rearranging titles, maybe the law is being written for the gamers.
Quote Details
| Topic | Witty One-Liners |
|---|---|
| Source | Evidence:
FRONTIERS. Where. There's. a. Will. Where. there's. a. Will. Rogers—. or. the. attitude. of. one—. there's. a. way. to. overcome ... A holding company is a thing where you hand an accomplice the goods while the policeman searches you . . . I' ... |
| Featured | This quote was our Quote of the Day on May 16, 2023 |
| Cite |
Citation Formats
APA Style (7th ed.)
Rogers, Will. (2026, February 7). A holding company is a thing where you hand an accomplice the goods while the policeman searches you. FixQuotes. https://fixquotes.com/quotes/a-holding-company-is-a-thing-where-you-hand-an-2332/
Chicago Style
Rogers, Will. "A holding company is a thing where you hand an accomplice the goods while the policeman searches you." FixQuotes. February 7, 2026. https://fixquotes.com/quotes/a-holding-company-is-a-thing-where-you-hand-an-2332/.
MLA Style (9th ed.)
"A holding company is a thing where you hand an accomplice the goods while the policeman searches you." FixQuotes, 7 Feb. 2026, https://fixquotes.com/quotes/a-holding-company-is-a-thing-where-you-hand-an-2332/. Accessed 12 Feb. 2026.








