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What we've done last night is what I call pushing back the risks..If there is a risk in a bank, our first question should be 'Okay, what are you in the bank going to do about that? What can you do to recapitalise yourself? If the bank can't do it, then we'll talk to the shareholders and the bondholders, we'll ask them to contribute in recapitalising the bank, and if necessary the uninsured deposit holders.
Jeroen DijsselbloemJPMorgan was already, for the most part. Our businesses at JPMorgan share the same cash-management systems. The commercial bank, the private bank, the retail bank, they all use the branches. The cash-management system moves the money around the world - for global corporations, and for you, the consumer, too.
Jamie DimonOur whole system of banks is a violation of every honest principle of banks. There is no honest bank but a bank of deposit. A bank that issues paper at interest is a pickpocket or a robber. But the delusion will have its course. ... An aristocracy is growing out of them that will be as fatal as the feudal barons if unchecked in time.
John AdamsBeliefs constitute the basic stratum, that which lies deepest, in the architecture of our life. By them we live, and by the same token we rarely think of them.... One may symbolize the individual life as a bank of issue. The bank lives on the credit of a gold reserve which is rarely seen, which lies at the bottom of metal coffers hidden in the vaults of the building. The most elementary caution will suggest that from time to time the effective condition of these guaranties--of these credences, one might say, that are the basis of credit--be passed in review.
Jose Ortega y GassetAt the base of the Fed pyramid, and therefore of the bank system's creation of "money" in the sense of deposits, is the Fed's power to print legal tender money. But the Fed tries its best not to print cash but rather to "print" or create demand deposits, checking deposits, out of thin air, since its demand deposits constitute the reserves on top of which the commercial banks can pyramid a multiple creation of bank deposits, or "checkbook money."
Murray RothbardThis is something that I do consider to be good advice: I took my first paycheck and I put it in the goddamn bank. Then I took my second paycheck and put it in the goddamn bank. I had seen the roller coaster of my father's career - top of the world, then unemployed - and I never wanted to take a job because I needed money.
Joss WhedonThe Federal Reserve Bank of New York is eager to enter into close relationship with the Bank for International Settlements....The conclusion is impossible to escape that the State and Treasury Departments are willing to pool the banking system of Europe and America, setting up a world financial power independent of and above the Government of the United States....The United States under present conditions will be transformed from the most active of manufacturing nations into a consuming and importing nation with a balance of trade against it.
Louis Thomas McFaddenAt least Bank of America got its name right. The ultimate Too Big to Fail bank really is America, a hypergluttonous ward of the state whose limitless fraud and criminal conspiracies we'll all be paying for until the end of time.
Matt TaibbiNight was coming on in, borrowing the light. It had started out borrowing just a few cents worth of the light, but now it was borrowing thousands of dollars worth of the light every second. The light would soon be gone, the bank closed, the tellers unemployed, the bank president a suicide.
Richard BrautiganI was kind of just too lazy to take my money out of the bank until I saw how Citi Bank responded to Occupy Wall Street.
Talib KweliIf I finance a bank and I know if the bank will get in trouble I will be hit and I will lose money, I will put a price on that.
Jeroen DijsselbloemSeventy-five years ago I was born in Tampico, Illinois, in a little flat above the bank building. We didn't have any other contact with the bank than that.
Ronald ReaganWhen stuck in the river, it is best to dive and swim to the bank yourself before someone drops a large stone on your chest in an attempt to hoosh you there.
A. A. MilneUnder pressure, people admit to murder, setting fire to the village church or robbing a bank, but never to being bores.
Elsa MaxwellIf I had a dollar for every time I smiled secretly having you in my mind I think my bank account would show up millions.
Melville Elijah StoneThe Japanese are virtuosos. They make just the little accent that makes all the difference. So much there is so beautiful - just a shop window display is a work of art. Just the way they make all kinds of things out of bamboo that are so ingenious. Just the way this little bamboo drain or latch is so beautiful. The masonry around the streams to hold the bank are beautiful - and not all one kind and not just cement.
Jane JacobsI hated the culture [working in the bank], I hated the work. I very quickly realized that this wasn't what I wanted to do. So, after two years, I took some writing courses - I always loved to write - and I figured the only way I was going to get paid to write was in journalism.
Sharif Abdel KouddousFog rolled in like a form of sorrow. To live exiled from a place you have known intimately is to experience sensory deprivation. A wide-awake coma. ... The sea was a memory bank into which everything fell and was lost. I dove in but came out empty-handed.
Gretel EhrlichPeople who say not to speak ill of the dead are hypocrites, because you can take it ot the bank they're thinking ill.
Nora RobertsToday, the sun is everywhere, and everything solid is nothing but its own shadow, I know that the real things in life, the things I remember, the things I turn over in my hands, are not houses, bank accounts, prizes or promotions. What I remember is love -- all love -- love of this dirt road, this sunrise, a day by the river, the stranger I met in a cafรฉ. Myself, even, which is the hardest thing of all to love, because love and selfishness are not the same thing. It is easy to be selfish. It is hard to love who I am. No wonder I am surprised if you do.
Jeanette WintersonDonโt be overwise; fling yourself straight into life, without deliberation; donโt be afraid - the flood will bear you to the bank and set you safe on your feet again.
Fyodor DostoevskyEveryone has taste, yet it is more of a taboo subject than sex or money. The reason for this is simple: claims about your attitudes to or achievements in the carnal and financial arenas can be disputed only by your lover and your financial advisers, whereas by making statements about your taste you expose body and soul to terrible scrutiny. Taste is a merciless betrayer of social and cultural attitudes. Thus, while anybody will tell you as much (and perhaps more than) you want to know about their triumphs in bed and at the bank, it is taste that gets people's nerves tingling.
Stephen BayleyWhy did I rob banks? Because I enjoyed it. I loved it. I was more alive when I was inside a bank, robbing it, than at any other time in my life. I enjoyed everything about it so much that one or two weeks later I'd be out looking for the next job. But to me the money was the chips, that's all.
Willie SuttonWhat did Citibank get out of it? It got the ability to reverse the arbitrage. Actually, what they got was the ability to give themselves a profit, and that saved the bank.
Bill JanklowAnd if at times you renounce experience and mind's heavy logic, it seems that the world has rushed along on its orbit, leaving you alone flying above a forgotten cloud bank, somewhere in the solitude of interstellar space.
Charles LindberghQuantitative easing is just the latest chapter in the Federal Reserveโs hundred-year history of failure. (...) The American people have suffered long enough under a monetary policy controlled by an unaccountable, secretive central bank. It is time to finally audit - and then end - the Fed.
Ron PaulIsrael is so tiny. It's, you know, a little less than the length of Manhattan, without the West Bank, without Judea and Samaria.
Benjamin NetanyahuDo you know how the naturalist learns all the secrets of the forest, of plants, of birds, of beasts, of reptiles, of fishes, of the rivers and the sea? When he goes into the woods the birds fly before him and he finds none; when he goes to the river bank, the fish and the reptile swim away and leave him alone. His secret is patience; he sits down, and sits still; he is a statue; he is a log.
Henry David ThoreauOnce the violence has ceased, the US should immediately call on the World Bank and other international institutions to convene a donors conference to rebuild Lebanon's shattered infrastructure.
John ConyersAs a good horse is not very apt to jump over a bank, if left to guide himself, I let mine pick his own way.
Buffalo BillThe amount of money that a person has in his bank account is not determined by his starting capital but by his knowledge about money and his ability to manage it properly.
Sunday AdelajaIt is raining DNA outside. On the bank of the Oxford canal at the bottom of my garden is a large willow tree, and it is pumping downy seeds into the air. ... spreading DNA whose coded characters spell out specific instructions for building willow trees that will shed a new generation of downy seeds. ... It is raining instructions out there; it's raining programs; it's raining tree-growing, fluff-spreading, algorithms. That is not a metaphor, it is the plain truth. It couldn't be any plainer if it were raining floppy discs.
Richard DawkinsIn fact, some leaders come right out and say it. Mario Draghi the president of the European Central Bank had an interview with the Wall St Journal in which he said the social contract's dead; we finally got rid of it.
Noam ChomskyThe Israelis have not been willing to take the crucial step, and that is to withdraw from the Palestinian territory, the West Bank. And this is a crucial point and Israel has not only kept increasing the settlements in number, but have built highways among all the settlements from which the Palestinians are now excluded.
Reza AslanJust as I am astonished that a bank clerk never eats a cheque, so too am I astonished that no painter before me ever thought of painting a soft watch.
Salvador DaliYou donโt have to sleep with prostitutes or take drugs in order to have a relationship with organized crime. They affect our bank accounts. They affect our communications, our pension funds. They even affect the food that we eat and our governments.
Misha GlennyGet your pockets dug from all your chemical bank ends caught him at the red light - on Putman Avenue and Franklin
GZAThis decree is very serious and we will not allow it to pass unopposed. (on Israel offers 10-month West Bank settlement freeze)
Uri OrbachWhether a bank lent one million, ten million, or a hundred millions, they would not permanently alter the market rate of interest; they would alter only the value of the money they issued.
David RicardoAvoid greed and fear. These are the investor's Achilles heels. Keeping all your money in the bank earning 3% interest is just as foolish as dumping your entire savings into the market thinking you'll make a quick buck.
Nancy DunnanContrary to a tenacious myth, France is not owned by California pension funds or the Bank of China, any more than the United States belongs to Japanese and German investors. The fear of getting into such a predicament is so strong today that fantasy often outstrips reality. The reality is that inequality with respect to capital is a far greater domestic issue than it is an international one.
Thomas PikettyI helped make Mexico, especially Tampico, safe for American oil interests in 1914. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in. I helped in the raping of half a dozen Central American republics for the benefits of Wall Street. The record of racketeering is long. I helped purify Nicaragua for the international banking house of Brown Brothers in 1909-1912. I brought light to the Dominican Republic for American sugar interests in 1916. In China I helped to see to it that Standard Oil went its way unmolested.
Smedley ButlerIs it reasonable to assume that someone who has been locked in a closet for 57 days after being kidnapped and brutalized, raped, abused, then they say you're going to rob a bank?
Patty HearstThe tendency of a national bank is to increase public and private credit. The former gives power to the state, for the protection of its rights and interests: and the latter facilitates and extends the operations of commerce among individuals. Industry is increased, commodities are multiplied, agriculture and manufacturers flourish: and herein consists the true wealth and prosperity of a state.
Alexander HamiltonWe have a deal. And so there's movement towards a peace agreement, you know, a peace accord, a cease-fire, which is great. That's fabulous. It's unfortunate that we're also bombing Syria together [with Russians], and in my view we need - what we need to do together is create a weapons embargo together and get all the parties with the program here, and also collaborate on a freeze on the bank accounts of those countries that continue to fund terrorist enterprises, the No. 1 source of that being the Saudis.
Jill Stein