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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 BaruchI was Chairman of the Federal Reserve Bank of Kansas City. As you know, there are twelve banks and they have their citizens board, and I got elected to the Fed Chairmanship for the Federal Reserve Kansas City Bank back in the mid-'90s. It might have been 1995-'96.
Herman CainGrameen Bank was formed as an institution owned by its borrower members, who are poor women. Through its unique decision-making process, Grameen Bank has given millions of women the means to emerge from the shadows in a male-dominated society and to make something of themselves.
Muhammad YunusI want to say something, and it may sound harsh, not to you, but to the American people. In a sense, in my view, the business model of Wall Street is fraud. It's fraud. I believe that corruption is rampant, and the fact that major bank after major bank has reached multi billion dollar settlements with the United States government when we have a weak regulator system tells me that not only did we have to bail them out once, if we don't start breaking them up, we're going to have to bail them out again, and I do not want to see that happen.
Bernie SandersMonetary 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 ReedMoney is created through bank debt. When you go for a mortgage through a bank, they give you $100,000 to buy a house and basically send you out into the world to bring back $200,000 in the next twenty years. The first $100,000 is principal, and the second is interest.
Bernard LietaerI want to rob a bank so much - and I'm from the Midwest, so we have like one bank, no security cameras, and so I designed this thing.
Kellan LutzGlobal central banks are working hard to lift their economies through an aggressively easy monetary policy. The ECB [European Central Bank] and BOJ [Bank of Japan] are buying tens of billions of bonds and other financial securities each month in an effort to stimulate their economies, which is pushing down rates everywhere, including in the U.S.
Mark ZandiThe tax incentives are things the music business can emulate. If I own Yesterday by the Beatles and I go to a bank and try to borrow $10,000 and use that song as collateral, they wouldn't know what to do. They would run me out of the bank. Whereas if we get specialized people who know how to appraise the value of intellectual property like songs, catalogs and master recordings, they know how to put some type of value on it. They have this in Nashville and Los Angeles. New Orleans is just starting to get it.
Chris Thomas KingPrayer is often a temptation to bank on a miracle of God instead of on a moral issue, i.e., it is much easier to ask God to do my work than it is to do it myself. Until we are disciplined properly, we will always be inclined to bank on God's miracles and refuse to do the moral thing ourselves. It is our job, and it will never be done unless we do it.
Oswald ChambersWhen 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. MilneFigures dark beneath their loads pass down the far bank of the river, rendered immortal by the streak of sunset upon their shoulders
Peter MatthiessenYou will have no test of faith that will not fit you to be a blessing if you are obedient to the Lord. I never had a trial but when I got out of the deep river I found some poor pilgrim on the bank that I was able to help by that very experience.
A. B. SimpsonThere are so many places, particularly right now. Go and volunteer at a food bank. If you play the piano, go play the piano in an Alzheimer's home. Or read in an Alzheimer's home. Help a military family with babysitting. The opportunities are endless. People often think 'They want me?' or 'I can be of help?' What we try to say here is 'Be who you are.'Feel that, live it and pass it on.
Maria ShriverWhat 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 VaccaroToday, 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 WintersonThe real power is not corporate; it is private. They choose not to have a name. It is a dynasty of banking families - Rothschild and Rockefeller being two - that operate chiefly out of London, in the boardrooms out of the city of London and the Bank of England, which they own.
Betty DodsonHe picked up the letter Q and hurled it into a distant privet bush where it hit a young rabbit. The rabbit hurtled off in terror and didnโt stop till it was set upon and eaten by a fox which choked on one of its bones and died on the bank of a stream which subsequently washed it away. During the following weeks Ford Perfect swallowed his pride and struck up a relationship with a girl who had been a personnel officer on Golgafrincham, and he was terribly upset when she suddenly passed away as a result of drinking water from a pool that had been polluted by the body of a dead fox.
Douglas AdamsNo serious courtship or engagement or marriage is worth the name if we do not fully invest all that we have in it and in so doing trust ourselves totally to the one we love. You cannot succeed in love if you keep one foot out on the bank for safety's sake. The very nature of the endeavor requires that you hold on to each other as tightly as you can and jump in the pool together.
Jeffrey R. HollandI will promise you this, that if we have not gotten our troops out by the time I am president, it is the first thing I will do. I will get our troops home, we will bring an end to this war. You can take that to the bank.
Barack ObamaI had no idea of the size of my bank account as a teen, and I didn't care to know. That was my mom's job, I figured that I would just find out when I turned 18. If you can't trust your mom, then who can you trust?
Anna ChlumskyI would never commit the positively anti-social action of robbing a bank, or worse still, working in one.
Gilbert K. ChestertonExcept for the con men borrowing money they shouldn't get and the widows who have to visit with the handsome young men in the trust department, no sane person ever enjoyed visiting a bank.
Martin MayerI pulled into the Grand Union parking lot and drove to the end of the mall where the bank was located. I parked at a safe distance from other cars, exited the BMW, and set the alarm. You want me to stay with the car in case someone's riding around with a bomb in his backseat looking for a place to put it?" Lula asked. Not necessary. Ranger says the car has sensors." Ranger give you a car with bomb sensors? The head of the CIA don't even have a car with bomb sensors. I hear they give him a stick with a mirror on the end of it.
Janet EvanovichIt 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 DawkinsIf the Treasury were to fill old bottles with bank-notes, bury them at suitable depths in disused coal-mines which are then filled up to the surface with town rubbish, and leave it to private enterprise on well-tried principles of laissez-faire to dig the notes up again (the right to do so being obtained, of course, by tendering for leases of the note-bearing territory), there need be no more unemployment and, with the help of repercussions, the real income of the community, and its capital wealth, would probably become a good deal greater than it actually is.
John Maynard KeynesWhat the dead don't know piles up, though we don't notice it at first. They don't know how we're getting along without them, of course, dealing with the hours and days that now accrue so quickly, and, unless they divined this somehow in advance, they don't know that we don't want this inexorable onslaught of breakfasts and phone calls and going to the bank, all this stepping along, because we don't want anything extraneous to get in the way of what we feel about them or the ways we want to hold them in mind.
Roger AngellThe Sookie Stackhouse novels were selling well before the TV show, but the TV show led to a lot more exposure and readers. And a lot went on to read my other work. It was a wonderful thing for my bank account.
Charlaine HarrisThe bold effort the present (central) bank had made to control the government ... are but premonitions of the fate that await the American people should they be deluded into a perpetuation of this institution or the establishment of another like it.
Andrew JacksonAny move by Israel to end the conflict with the Palestinians by unilateral moves - such as annexing the West Bank, delinking Gaza and declaring that there be no further diplomatic process - will lead to strong regional and global reactions, as well as intensify efforts at the UN and in civil society to brand Israel as an outlaw state dangerous to regional and world peace and guilty of criminal behavior.
Richard A. FalkIn 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 ChomskyI don't know of any other form of life that gathers up all the food it needs in the first two-thirds of its life in order to do nothing in its last third of life. In a utopian presentist society, instead of working extra hard to put money in the bank, you'd be working to provide value for the people around you.
Douglas RushkoffWhy, man of idleness, labor has rocked you in the cradle, and nourished your pampered life; without it, the woven silk and the wool upon your bank would be in the shepherd's fold. For the meanest thing that ministers to human want, save the air of heaven, man is indebted to toil; and even the air, in God's wise ordination, is breathed with labor.
Edwin Hubbel ChapinThe most agreeable thing in life is worthy accomplishment. It is not possible that the idle tramp is as contented as the farmers along the road who own their own farms, and whose credit is good at the bank in town. When the tramps get together at night, they abuse the farmers, but do not get as much satisfaction out of it as do the farmers who abuse the tramps. The sounder your argument, the more satisfaction you get out of it.
E. W. Howe[People] have seen the credit market seize up. They're worried about money market funds, although the latest proposition from government should take care of that. They've seen eight percent of the bank deposits in the United States get moved very skillfully, I might say, within the last couple of weeks from institutions that they thought were fine a few months ago to other institutions. They are not wrong to be worried.
Warren BuffettBeing a [bank] director is like being a pilot of an aircraft - it's years of boredom and seconds of terror.
Moira JohnstonI feel like this thing [that] we're rocking back and forth like we're stuck in a snow bank and we all sort of know it. I feel like people are getting less and less pretentious and less and less hip - hopefully.
Justin VernonPeople get a bad impression of it [the English climate] by continually trying to treat it as if it was a bank clerk, who ought to be on time on Tuesday next, instead of philosophically seeing it as a painter, who may do anything so long as you don't try to predict what.
Katharine WhitehornBarclays 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 HamiltonThis decree is very serious and we will not allow it to pass unopposed. (on Israel offers 10-month West Bank settlement freeze)
Uri OrbachIn 88 poor countries for which we have data, in each and every one of the 88, the PPP for food shows that poor people can buy less food than you would expect from the PPP that the World Bank is using. The reason for this is obvious on reflection. It has to do with the fact that most foodstuffs are tradable commodities: basic foodstuffs, such as rice, flour and beans, can easily be conveyed across national borders and their prices will therefore roughly mirror the exchange rates among currencies.
Thomas PoggeTaking away a person's control of her own life - meaning her bank account - is one of the greatest infringements a democracy can impose, especially when it applies to young people. It is an infringement even if the intent may be perceived as benign and socially valid.
Steig LarssonLet us not live a life โฆ that would bring regret. โฆ It is not going to matter very much how much money you made, what kind of a house you lived in, what kind of a car you drove, the size of your bank accountโany of those things. What is going to matter is that dear woman who has walked with you side by side as your companion through all of the years of life and those children and grandchildren and great-grandchildren and their faithfulness and their looking to you โฆ with respect and love and deference and kindness.
Gordon B. Hinckley