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Nothing did more to spur the boom in stocks than the decision made by the New York Federal Reserve bank, in the spring of 1927, to cut the rediscount rate. Benjamin Strong, Governor of the bank, was chief advocate of this unwise measure, which was taken largely at the behest of Montagu Norman of the Bank of England....At the time of the Banks action I warned of its consequences....I felt that sooner or later the market had to break.
Bernard BaruchThe Grameen Bank Ordinance with amendments up to 2008 is a beautiful legal structure for the fulfillment of the ideals and objectives of the bank. Any change in this structure will be devastating for the bank.
Muhammad YunusYou can go to the bank and borrow money, but you can't go to the bank and borrow a Super Bowl ring. The ring is like a crown.
Joe GreeneWhen you say "bank," a bank is a building, a set of computers and chairs and things. The bankers are the people running these banks. They're the chief officers, and they push the loans because they don't care if they go bad. For one thing, they may package these bad loans and sell them off to gullible institutional investors.
Michael HudsonAt 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 WhedonMoney in the hand is real - coins and bills. The rest I don't believe in, and I don't think I ever did, really. What's a check, after all, but a promise - mine, the bank's. Me, I know, but the bank?
Joanne GreenbergHousing associations have fingered the fact that they cannot use their assets as liquidity due to Bank of England rules unlike their continental equivalents. This has emerged to be one of the main bottlenecks to getting investment going in the U.K. It is a Bank of England issue.
Vince CableSarah, I want to ask thee a solemn question. Did thee ever one single time have thy Bank book balance and thy own check book balance agree exactly? Do not tell, but I never did. Hannah Whitall Smith, Sarah, I want to ask thee a solemn question. Did thee ever one single time have thy Bank book balance and thy own check book balance agree exactly? Do not tell, but I never did.
Hannah Whitall SmithMonetary reform, if it is to be genuine and successful, must sever money and banking from politics. That's why a modern gold standard must have: no central bank; no fixed rations between gold and silver; no bail-outs; no suspension of gold payments or other bank frauds; no monetization of debt; and no inflation of the money supply, all of which have proved so disastrous in the past.
Lawrence ReedEveryone I talked to was a recording-the bank, the elevator, your office, the school, a wrong number. You used to be able to call a wrong number and get a person.
Erma BombeckWhat happens when you get hurt? Take that kid at Kentucky, Nerlens Noel, who could have turned pro after high school.Who knows what's going to happen? How the operation is going to go? The only thing I do know is that he would have been a top pick in the draft last year, and he'd have millions of dollars in the bank.
Sonny VaccaroItโs the final word in camouflage. Forget chucking weights around. Peeta should have gone into his private session with the Gamemakers and painted himself into a tree. Or a boulder. Or a muddy bank full of weeds.
Suzanne CollinsI'd worked on leprosy and malaria in India [at the World Bank] and asked myself the question: Why do we let 2 million children die every year around the world for not having clean water? Because they're faceless and nameless. So, for me, Facebook looked like it was going to solve the problem of the invisible victim.
Sheryl SandbergI don't have much of an imagination, but I have a mind bank of details, which I play with. It's how I daydream, so writing like that is natural for me.
Sefi AttaWriting a novel is one of those modern rites of passage, I think, that lead us from an innocent world of contentment, drunkenness, and good humor, to a state of chronic edginess and the perpetual scanning of bank statements.
J. G. BallardI was a pallbearer. I felt, when I got the call that Peter had died, I didn't have any bank account, but I felt I needed to start walking then because there was no way in the world I would miss Peter Norman's service.
John CarlosYou can't have bank holding companies acting as hedge funds. You can't have them taking a million-dollar pension plan for Joe Schmo the bus driver and treat it with the same risk appetite that you treat George Soros' pocket money. It's fundamentally ridiculous.
Shia LaBeoufYou get addicted to emotions. Our endorphins kick in and it's like a high. On the low end you might love roller coasters. On the high end you might be a bank robber or something.
Bryan CranstonMost banks - with Deutsche Bank at the top of the spectrum here - have decided that they can't make money lending to barrowers anymore, so they're going to the second business plan: They lend money to casino capitalists. That is, to people who want to gamble on derivatives.
Michael HudsonI am aware that my name has been connected with all the bank robberies in the country; but positively I had nothing to do with any one of them. I look upon my life since the war as a blank, and will never say anything to make it appear otherwise.
Cole YoungerInstead of making up stories, stay with the facts. For example, "I am ruined" is a story. It limits you and prevents you from taking effective action. "I have 50 cents left in my bank account" is a fact.
Eckhart TolleThe auditorium, named after a dead Queens politician is windowless in honor of the secrecy in which he lived and, probably, the bank vaults he frequented.
Jimmy BreslinI would never commit the positively anti-social action of robbing a bank, or worse still, working in one.
Gilbert K. ChestertonI protest that we fans are being emotionally starved and frustrated by long periods of perfect performance of these batteries. More over, when there are nothing but strikes and balls going on, you relapse into your worries over the Bank of England, or something else.
Herbert HooverA man's worth isn't measured by a bank register or diploma... It's about integrity
Richard Paul EvansJewish fundamentalism is teaching that Jews can fight with guns and with civil war, against being relocated off the West Bank, and disobey the orders of their government. That is the call to jihad, to several kinds of jihad.
Arthur Hertzbergthe Federal Reserve, has an official commitment to two different policies. One is to prevent inflation from getting too high. The second is to maintain high employment... The European central bank has only the first. It has no commitment to keep employment up.
Noam ChomskyOur investment bank looks like it does because its customers like our expansive network and want to do equity, debt, M&A, custody, move money, deposit money, et cetera.
Jamie DimonBarclays Bank in England purchased bankrupt Lehman Brothers Tuesday along with its Manhattan tower, saving nine thousand jobs. It's humiliating. The United States of America is 232 years old and we're having to go to mom for money.
Argus HamiltonApparently on the screen I look tall, ageless, and damned close to omniscient-delivering jeopardy-laden warnings through gritted teeth. But when people see me on the street, they say 'by God, this kid is 5 foot 5, he's got a broken nose, and looks about as foreboding as a bank teller on a lunch break.'
Rod SerlingThe U.S. should support the historic Gaza withdrawal as a first step toward a final settlement: a permanent Palestinian state in Gaza and nearly all of the West Bank.
Lee H. HamiltonWho would want to break into [the music business]? It's like a bank that's already been robbed.
Randy NewmanJust as bank tellers need a thorough knowledge of legitimate currency in order to spot counterfeit bills, so Christians need a thorough knowledge of the Bible in order to spot bogus religious teachings. How grounded are you in the Scriptures? How deep are your theological roots? How capable are you of detecting false teachings?
Charles R. SwindollOf time you would make a stream upon whose bank you would sit and watch its flowing. Yet the timeless in you is aware of life's timelessness, And knows that 'yesterday is but today's memory and tomorrow is today's dream.
Khalil GibranThe 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 SteinEvery time a bank swoops down to snatch up a home, it should be met with a crowd of jeering, obstructive neighbors. And although this may be point 4.5, how about organizing a mass refusal to pay back student loans?
Barbara EhrenreichThere's such a cynicism about the phrase 'I laughed all the way to the bank.' It's as though money is what you're doing, rather than playing music. If you're playing a money game, why not get into banking?
Artie ShawIt takes 150 years to build an investment bank and only five minutes to convince you to sell me preferred stock in it at a 10% interest rate.
Warren BuffettTo believe that your husband, wife, parents, kids, boss, job, bank account, or body is even partly responsible for your emotions, to think that there are bullets 'out there' that you have to contend with, that there are stressful life events to overcome, is to miss something vital.
Andrew BernsteinI was born in a family of landless peasants, in Azinhaga, a small village in the province of Ribatejo, on the right bank of the Almonda River, around a hundred kilometres north-east of Lisbon.
Jose SaramagoYour security is not your job, or your bank account, or your investments, or your spouse or your parents. Your security is your ability to connect with the cosmic power that creates all things.
Louise HayThe bank's product is debt, because the banks want to make sure that they can get paid for the debt. But ultimately the only party that can pay the debt is the government, because it runs the printing presses. So the debts ultimately either are paid by the government, or they're paid by a huge transfer of property from debtors to creditors - or, the debts are written off.
Michael Hudson