Popular quotes about Bank! Wisdom and inspiration are here! | page 6
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 BaruchEven the National Bank of Romania doesn't have the huge resources needed to intervene in the market and keep the leu at an acceptable level, because they're drawing close to a floor below which the bank's reserves can't drop. The central bank has to wait for a moment of calm to efficiently conduct its interventions.
Traian BasescuThe 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 PoggeI consider both the West Bank and Gaza to be colonised, even though Gaza is not occupied in the same way that the West Bank is. The Israeli government and military control all goods that pass in or out of that area, and they have restricted employment and building material that would allow Palestinians to rebuild homes and structures that were destroyed by bombardment.
Judith ButlerThe mantra of the National Commercial Bank is 'building a better Jamaica.' If this bank is going to be everlastingly successful, it has to take on the ailments of this society.
Michael Lee-ChinIf all the bank loans were paid, no one could have a bank deposit, and there would not be a dollar of coin or currency in circulation. This is a staggering thought. We are completely dependent on the commercial banks. Someone has to borrow every dollar we have in circulation, cash, or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless situation is almost incredible - but there it is.
Robert W. HemphillIf 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 DijsselbloemI 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 ObamaI remember when my father passed away, we drove the funeral procession past the bank so he could say one last goodbye. That's how much the bank meant to my father.
Alexi GiannouliasI founded Grameen Bank to provide loans to those considered traditionally unbankable. Grameen Bank works with the poorest and often illiterate, providing uncollateralized micro-loans for tiny business enterprises by which they can lift themselves and their families out of poverty.
Muhammad YunusIf 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 MoorePrayer 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 ChambersWe can also reassure our Palestinian partners that we understand the importance of territorial contiguity in the West Bank for a viable Palestinian state ...
Ariel SharonMy monetary studies have led me to the conclusion that central banks could profitably be replaced by computers geared to provide a steady rate of growth in the quantity of money. Fortunately for me personally, and for a select group of fellow economists, that conclusion has had no practical impactโฆ else there would have been no Central Bank of Sweden to have established the award [Nobel Prize] I am honoured to receive.
Milton FriedmanI have no interest in increasing the size of government. I just want to make sure we have got a smart government that is regulating, for example, the financial institutions smartly, so I don't have to engage in any kind of bank bailouts.
Barack ObamaHe 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 AdamsI 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 AttaGreece's debts are all denominated in euros, but it isn't clear who holds how much of those debts. For that reason, the consequences of a national bankruptcy would be incalculable. Greece is just as systemically important as a major bank.
Wolfgang SchaubleWhen we were young, there weren't very many smart people in the investment world. You should have seen the people in the bank trust departments. Now, there are armies of smart people at private investment funds, etc . If there were a crisis now, there would be a lot more people with a lot of money ready to take advantage.
Charlie MungerGoldman Sachs was fundamentally responsible for the crash of 2008, but by that time its former Chairman and Chief Executive Officer, Henry 'Hank' Paulson, had been installed as US Treasury Secretary to begin the bank bail out policy, with enormous benefit to Goldman Sachs, in the closing weeks of the Bush administration. Goldman Sachs was also instrumental in the collapse of the economy in Greece that started the 'euro panic' that later engulfed Ireland.
David IckeQuantitative 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 PaulI think that much of the advice given to young men about saving money is wrong. I never saved a cent until I was forty years old. I invested in myself - in study, in mastering my tools, in preparation. Many a man who is putting a few dollars a week into the bank would do much better to put it into himself.
Henry FordIf you spend your life competing with business men, what do you have? A bank account and ulcers!
Marilyn MonroeThey say Yogi Berra is funny. Well, he has a lovely wife and family, a beautiful home, money in the bank, and he plays golf with millionaires. What's funny about that?
Casey StengelThe argument that it is difficult to find women is complete BS. Any bank will tell you that the No. 1 employee they lose the most money on is the mid-tier female they bring on when they are 22 who leaves in her mid to late 30s. These are women they spend a ton of money training, and a ton of money attracting and hiring. And then they lose them. And they lose them for many reasons. They're going to other sectors, other industries. So for us in the financial-services world to say we can't find women is ridiculous. They are out there. We've done it here at Anthemis.
Amy NauiokasDogs are great teachers. They are at home in the world. They live in the moment, and they force us to stay there with them. Dogs love us unconditionally, not for our bodies or bank accounts.
Susan CheeverHowever, you have to recognize that regulations will never be completely successful and they will always be full of holes. You must constantly be ready to fill new holes. Actually regulation should be kept to a minimum, but there has to be some cooperation between market participants and authorities - as was the case in the early postwar years. The Bank of England was a very successful regulator by cooperating with market participants. This cooperative spirit was broken by the market fundamentalists.
George SorosI'm just opposed to a pure inflation-only mandate in which the only thing a central bank cares about is inflation and not employment.
Janet YellenYou know policy is driven purely in self interest. The Federal Reserve Bank and the commercial banks and the Wall Street banks are not acting in the interests of the population at large, they're acting purely in their own self-interest, which is a shame because they're actions dictate the reality for 300 million Americans. But they don't see it that way, they see it only as a way to preserve their own self-interest.
Max KeiserSeriously, I donโt care if feminists hunt me down and burn me at the stake, that man crooked his finger at me, Iโd follow him into a bank and rob it at his side.
Kristen AshleyI believe that Christians believe in salvation by grace through faith in Jesus Christ, not by works. And we believe that if you're saved, Jesus becomes your savior. He makes a promise to you. You can trust his promises. You can bank on that word.
Robert H. SchullerIf you do not see great riches in your imagination, you will never see them in your bank balance.
Napoleon HillHey, 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 PoehlerFortunately, America remains a robust democracy, where most individuals are not afraid to speak out. What we have done in Iraq has, however, compromised out standing as an advocate of basic human rights - the prime minister of one country responding to criticism of America for its human rights put it, it was liking having Dracula guard the blood bank. The loss of America's moral standing has been one of the great losses of this war.
Joseph StiglitzThe real metric of success isn't the size of your bank account. It's the number of lives in whom you might be able to make a positive difference.
Naveen JainI 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 ButlerTruth 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 JamesMany ideas have been transformed by adding one crucial adjective-women's bank, women's music, women's studies, women's caucus. That adjective did more than change a phrase. It implied a lot of new content: child care, flexible work hours, new standards of creditworthiness, new symbolism, new lyrics.
Gloria SteinemEvery day take a few minutes and focus on SEEING yourself in joy. FEEL yourself in joy. IMAGINE only joy ahead in your life and see yourself basking in it You can't be in joy if you have money worries, or health worries, or relationship problems with friends or family. So deposit some joy in the bank of the Universe as often as you can. There isn't an investment that is more worthwhile.
Rhonda ByrneWho would want to break into [the music business]? It's like a bank that's already been robbed.
Randy NewmanThe fact that you have government-guaranteed student loans has created a whole new sector in the American economy that didn't really exist before - private for-profit universities that sell junk degrees that don't help the students. They promise the students, "We'll help you get a better job. We'll arrange a loan so that you don't have to pay a penny for this education." Their pet bank gets them the government-guaranteed loan, and the student may get the junk degree, but doesn't get a job, so they don't pay the loan.
Michael HudsonThe shops in High Street still have their metal grilles down, blank-eyed and sleeping. My name is scrawled across them all. I'm outside Ajay's newsagent's. I'm on the expensive shutters of the health food store. I'm massive on Handie's furniture shop, King's Chicken Joint and the Barbecue Cafe. I thread the pavement outside the bank and all the way to Mothercare. I've possessed the road and am a glistening circle at the roundabout.
Jenny DownhamPartnerships can be very big. The relationships you cultivate can help. If you put together a business plan that makes sense and that you can present to other people, they may be able to help you out, especially if you're short of cash. Angel investors, perhaps, may help. You may not have to go through a traditional bank. If you're not able to secure funding, you can get up under someone who has experience, learn from that person, and work your way up.
Kamerion Wimbley