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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 DijsselbloemIf you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem.
J. Paul GettyWhen a bank makes a loan, it simply adds to the borrower's deposit account by the amount of the loan. It does not take this money from anyone else's deposit; it was not previously paid in to the bank by anyone. It's new money, created by the bank for the use of the borrower.
Robert B. AndersonWhen you look at guys who get recruited, most of the best athletes, they come from poor families. I don't forget. I was a junior looking through my mother's stuff and looked at her bank statement, and we had $30 in the bank.
Eric DickersonThe director of the institute where I was working apologized about these young, enthusiastic researchers when the World Bank visited because he was afraid the institute would lose the World Bank consultancies.I went back home and started the Research Foundation for Science, Technology, and Ecologyยan extremely elaborate name for the tiny institute that I started in my motherยs cow shed. My parents handed over family resources and said, ยPut them to public purpose.ย Thatยs how I survived.
Vandana ShivaIf you wanted to create jobs in a way that has minimal effect on the deficit but has government action, the two best things you could do are the infrastructure bank and a simple SBA-like loan guarantee for all building retrofits, where the contractor or the energy-service company guarantees the savings. So that allows the bank to loan money to let a school or a college or a hospital or a museum or a commercial building unencumbered by debt to loan it on terms that are longer, so you can pay it back only from your utility savings. You could create a million jobs doing that.
William J. ClintonAt 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 RothbardThe clouds roll on. Silent as sleepwalkers the clouds keep coming from infinity bank behind bank and line after line, and change colors on the earth.
Rolf JacobsenI can't think of any bank robbery comedy where it's about two normal guys. It's kind of like Superbad meets Heat, which is a cool combo, and it's just fun doing a normal guy that's robbing a bank.
Aziz AnsariI was raised by a single mom who had to put herself through school while looking after two kids. And she worked hard every day and made a lot of sacrifices to make sure we got everything we needed. My grandmother, she started off as a secretary in a bank. She never got a college education, even though she was smart as a whip. And she worked her way up to become a vice president of a local bank, but she hit the glass ceiling. She trained people who would end up becoming her bosses during the course of her career.
Barack ObamaIf your bank took bailout money, take your money out of that bank and put it in a credit union. Credit unions are owned by the people who have their money in the credit union.
Michael MooreUnder pressure, people admit to murder, setting fire to the village church or robbing a bank, but never to being bores.
Elsa MaxwellLook at Ukraine. Its currency, the hernia, is plunging. The euro is really in a problem. Greece is problematic as to whether it can pay the IMF, which is threatening not to be part of the troika with the European Central Bank and the European Union making more loans to enable Greece to pay the bondholders and the banks. Britain is having a referendum as to whether to withdraw from the European Union, and it looks more and more like it may do so. So the world's politics are in turmoil.
Michael HudsonPeople who say not to speak ill of the dead are hypocrites, because you can take it ot the bank they're thinking ill.
Nora RobertsI 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 AttaYou 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 CranstonI 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 ObamaIf you spend your life competing with business men, what do you have? A bank account and ulcers!
Marilyn MonroeA friend of mine, now retired, was then a major exec at a major bank, and one of her jobs, the last four years, was the farewell interview.
Donald E. WestlakeOnce 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 ConyersThe 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 better that a man should tyrannize over his bank balance than over his fellow-citizens and whilst the former is sometimes denounced as being but a means to the latter, sometimes at least it is an alternative.
John Maynard KeynesIncreasingly, the real estate developers can't get bank loans for their project financing in China. They're now going into the Hong Kong market to raise money in the bond market at very, very high rates, as high as 15, 20 percent.
James ChanosThe 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 JacksonEveryone asks about gold. This is the irony: just as Jim Grant tells us (correctly) that we all have faith-based paper currencies backed by nothing, it is equally fair to say that gold is a faith-based metal. It pays no dividend, cannot be eaten, and is mostly used for nothing more useful than jewelry. I would say that anything of which 75% sits idly and expensively in bank vaults is, as a measure of value, only one step up from the Polynesian islands that attached value to certain well-known large rocks that were traded.
Jeremy GranthamExperience burned into me the conviction that access to education ought to be based on how much you are willing to learn and how hard you are willing to work, not on how many dollars your family has in their bank account.
Dave ObeyIn 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 AslanI don't know [why we're here]. People sometimes say to me, 'Why don't you admit that the humming bird, the butterfly, the Bird of Paradise are proof of the wonderful things produced by Creation?' And I always say, well, when you say that, you've also got to think of a little boy sitting on a river bank, like here, in West Africa, that's got a little worm, a living organism, in his eye and boring through the eyeball and is slowly turning him blind. The Creator God that you believe in, presumably, also made that little worm. Now I personally find that difficult to accommodate.
David Attenborough[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 BuffettThe friendship of the bad is like the shade of some precipitous bank with crumbling sides, which, falling, buries him who is beneath.
J. K. BharaviHey, guess what? Turns out the free market? Not so free. Wall Street was hit hard Monday when Lehman Brothers filed for bankruptcy, Merrill Lynch was sold to Bank of America, and insurance giant AIG neared a collapse of its own. Basically, if your commercials air during golf tournaments, you're done.
Amy PoehlerIf the corrupt Jordanian monarchy were overthrown, it would be the ideal opportunity to solve the Israeli-Palestinian conflict, because the West Bank and Jordan could then be united. There is already a Palestinian majority in Jordan, and there is enough room for everyone there. That would be the best revolution I could imagine.
Tom SegevTruth lives, in fact, for the most part on a credit system. Our thoughts and beliefs pass, so long as nothing challenges them, just as bank-notes pass so long as nobody refuses them.
William JamesI've got my eye on a few things to spend my money on. I've got my own bank card but I am really good with money. I don't spend too much at all.
Justin BieberWeirdly enough, the best thing that ever happened to black people in the last twenty or thirty years was the O.J. Simpson verdict because it shut down the white guilt bank. And white guilt has never led to anything good. It's brought us spiraling crime rates, mostly with black victims, and a permanent underclass living in public housing projects. For years, liberals cried that "law and order" and "welfare reform" were racist code words.
Ann CoulterOne time I was on the road with clients with an investment bank, and they thought it would be fun to go to a strip club. It was the most barren thing I've ever seen - this poor woman had nothing on and they were throwing quarters at her.
Melanne VerveerMoney doesn't mean anything to me. I've made a lot of money, but I want to enjoy life and not stress myself building my bank account. I give lots away and live simply, mostly out of a suitcase in hotels. We all know that good health is much more important.
Keanu ReevesI don't like the term "universal bank." The Chinese government legitimately wants to have a very strong economy. When they talk about SOE reform, they know that's part of it.
Jamie Dimon'Checks are coming in the mail regularly'... or change your bank statement to whatever balance you want in there... and get behind the feeling of having it.
Rhonda ByrneRight now my life has an expiration date determined by my bank balance. Can I find something before my time is up?
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