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And so it can be very much in the interest of bank A to sell-short bank B shares, or buy CDSes on bank B, because they have exposure to bank B. It's the responsible thing to do as a fiduciary, and yet if everyone does it at the same time, it's destabilizing because everyone is selling.
James ChanosThey say the average bank robber lives within say about 20 miles of the bank that he robs There's this little bank not so far from here I've been watching now for a while Seems like lately alls I can think about is how bad I wanna go out in style
Todd SniderJPMorgan 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 DimonThe World Bank is the monopoly provider of poverty data and, partly due to a leadership change there, the World Bank's reporting has been heavily on the rosy side since about 2000. The Bank's cultivation of an upbeat picture affords a very interesting lesson in statistics and how you can, depending on which numbers you present and how you present them, create a more positive or more negative impression of the evolution of poverty.
Thomas PoggeIf there was a payment to the bank due, and we needed shoes, she'd get the shoes, and then deal with them guys at the bank. I don't mean she wouldn't pay the bank, but the children always came first.
Larry BirdYou 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 GreeneCongratulations on your job at the bank! Yes. You work for the bank. After taxes, your largest expense is your mortgage and credit-card debt.
Robert KiyosakiIf 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. Clinton[T]he first bad bank loan was no doubt made around the time of the opening of the first bank.
James GrantMoney 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 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 ObamaThis is one way that wealthy Americans could really contribute. They could put hundreds of millions of dollars into the infrastructure bank, be a good investment for them, for their children, for their grandchildren, and they would directly contribute to revitalizing a big sector of middle-class wages in America and making our country more productive, so that we could create more opportunity. But I think that we could get a lot of grassroots support from, like, local chambers of commerce and other things if they understood exactly how this infrastructure bank would work.
William J. ClintonThe United States has given frequent and enthusiastic support to the overthrow of democracy in favor of "investor friendly" regimes. The World Bank, IMF, and private banks have consistently lavished huge sums on terror regimes, following their displacement of democratic governments, and a number of quantitative studies have shown a systematic positive relationship between U.S. and IMF / World Bank aid to countries and their violations of human rights.
Edward S. HermanPrayer 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 ChambersWhile the river of life glides along smoothly, it remains the same river; only the landscape on either bank seems to change.
Max MullerThe Massachusetts Land Bank, during Colonial times, prospered, and brought prosperity to the community, until it was forcibly suppressed by special act of Parliament.
John Buchanan RobinsonLook 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 HudsonWe can also reassure our Palestinian partners that we understand the importance of territorial contiguity in the West Bank for a viable Palestinian state ...
Ariel SharonBank-paper must be suppressed, and the circulating medium must be restored to the nation to whom it belongs.
Thomas JeffersonThis is what class warfare looks like: The Business Roundtable - representing Goldman Sachs, Bank of America, JP Morgan Chase and others - has called on Congress to raise the eligibility age of Social Security and Medicare to 70, cut Social Security and veterans' COLAs, raise taxes on working families and cut taxes for the largest corporations in America.
Bernie SandersI put my money in the bank: I have to think of life after modeling, when I'm not famous any more.
Eva HerzigovaI 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 AttaI 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 ChlumskyAnytime four New Yorkers get into a cab together without arguing, a bank robbery has just taken place.
Johnny CarsonWe are not known by our bank balances or who our parents are. It is ultimately we who have to prove ourselves. It is not important to own a particular brand of car. But we should be a brand in ourselves. Each of us is unique.
Anita RatnamGrowth at an exceptional rate is a red flag in banking. It is hard enough to manage an ordinary bank; to control a sprouting weed is well-nigh impossible. If loans are expanding too quickly, the lending officers have probably been saying 'yes' too frequently.
James GrantExcept 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 MayerThe first thing that is not obvious to people is global warming is a less-than-1% effect. It's like being shortchanged at the bank by a penny every dollar. Over a long period of time with lots of transactions, that piles up.
Nathan MyhrvoldBetween labor and play stands work. A man is a worker if he is personally interested in the job which society pays him to do; whatfrom the point of view of society is necessary labor is from his point of view voluntary play. Whether a job is to be classified as labor or work depends, not on the job itself, but on the tastes of the individual who undertakes it. The difference does not, for example, coincide with the difference between a manual and a mental job; a gardener or a cobbler may be a worker, a bank clerk a laborer.
W. H. AudenA man's worth isn't measured by a bank register or diploma... It's about integrity
Richard Paul EvansNo investment on earth is so safe, so sure, so certain to enrich its owners as undeveloped realty. I always advise my friends to place their savings in realty near a growing city. There is no such savings bank anywhere.
Grover ClevelandYou 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 GlennyThe entrepreneurs who succeed usually want to make a difference to peopleโs lives, not just their own bank balances.
Richard BransonIf I didn't have to do it, I wouldn't have done it. If I had a million bucks in the bank, I wouldn't have done Playboy.
Claudia ChristianBarclays 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 HamiltonIn a very real way, the poor are our teachers. They show us that peopleโs value is not measured by their possessions or how much money they have in the bank. A poor person, a person lacking material possessions, always maintains his or her dignity. The poor can teach us much about humility and trust in God.
Pope FrancisBe nobody's darling; Be an outcast. Take the contradictions Of your life And wrap around You like a shawl, To parry stones To keep you warm. Watch the people succumb To madness With ample cheer; Let them look askance at you And you askance reply. Be an outcast; Be pleased to walk alone (Uncool) Or line the crowded River beds With other impetuous Fools. Make a merry gathering On the bank Where thousands perished For brave hurt words They said. Be nobody's darling; Be an outcast. Qualified to live Among your dead.
Alice WalkerIs 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 HearstI'm blown away. I'm flabbergasted the president [Barack Obama] made the phone call to Rouhani after 30-plus, `79, 33 years or so. And there's a reason we haven't negotiated with Iran, because they're state-sponsored terrorists. They're the central bank for terrorism around the world.
Barack ObamaOf 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 GibranU.N. officials said today they desperately need $7 billion to help people cope with disasters, but they're having a hard time getting people to send rescue money. Here's what the UN should do: Invest in bad mortgages, run a bank into the ground, give yourself a bonus, get some spa treatments and, in no time, the government will send you $750 billion.
Jay LenoEvery 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 EhrenreichWeirdly 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 Coulter