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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 ChanosWhen 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. AndersonI think there is this thing where people are impressed - it gives you a leg up in the sense that people won't treat you like a run-of-the-mill actress. They'll assign "smart" to your word bank, your adjective bank.
Rashida JonesWhat is important is how much service you can give to the world and how much better you can make things. These are important things. These are all that are important. A bank account never measured the worth of a man. His ability to help measured his worth and that's all. A bank account can assist one to help but where it ceases to do that it becomes useless.
L. Ron HubbardThe Depression, which started in 1929 was rather mild from 1929 to 1930. And, indeed, in my opinion would have been over in 1931 at the latest had it not been that the Federal Reserve followed a policy which led to bank failures, widespread bank failures, and led to a reduction in the quantity of money.
Milton FriedmanWhen you own gold you're fighting every central bank in the world. That's because gold is a currency that competes with government currencies and has a powerful influence on interest rates and the price of government bonds. And that's why central banks long have tried to suppress the price of gold. Gold is the ticket out of the central banking system, the escape from coercive central bank and government power.
James RickardsThe paths to liberation are numerous, but the bank along the way is always the same, the Bank of Karma, where the liberation account of each of us is credited or debited depending on our actions.
Yann MartelPeople think when you have a, quote, 'bank failure,' that that is the end of the bank. And it isn't necessarily.
Michele BachmannThis 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. ClintonJust like a house is worth whatever a bank's going to lend against it, an education is worth whatever the bank is going to lend the student to pay the university. So the availability of government-guaranteed student loans has vastly inflated the cost of education, just like it's inflated the cost of housing.
Michael HudsonIf 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 MooreYou look at what China is doing to our country in terms of making our product. They're devaluing their currency, and there's nobody in our government to fight them. And we have a very good fight. And we have a winning fight. Because they're using our country as a piggy bank to rebuild China, and many other countries are doing the same thing.
Donald TrumpYou 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. SimpsonWhat 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 VaccaroI don't bask in the awards I've won, read my bank statements, I refuse. To me, that's how you start losing the hunger.
QuestloveNo 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. HollandWhy do writers, say, give up a job in economics and decide to write poetry? Or, why do they give up a job in a bank and decide to paint, like Krishan Khanna? They want to convey something.
Vikram SethI 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 TolleMy parents never had any money. It was cash flow. It flows, and you got your fingers in it for a little while, and it flows away. That's all I know about money. And I don't know, it flows and it's a river, but you can never, ever keep it. As an artist, I can't keep it. But hey, a man who dies with a cent in the bank is a foolish man. So I guess I'm going against the conservators. I'm a spendthrift.
Dan AykroydA 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. WestlakeWhat, did you think," she asked, laughing as he struggled up the bank, "that I, a Gaulish maiden, could not swim?" "I did not think anything about it," Malchus said; "I saw you pushed in and followed without thinking at all." Although they imperfectly understood each other's words the meaning was clear; the girl put her hand on his shoulder and looked frankly up in his face. "I thank you," she said, "just the same as if you had saved my life. You meant to do so, and it was very good of you, a great chief of this army, to hazard your life for a Gaulish maiden. Clotilde will never forget.
G.A. HentyAnytime four New Yorkers get into a cab together without arguing, a bank robbery has just taken place.
Johnny CarsonWe have an economy that tells us it is cheaper to destroy earth in real time rather than renew, restore, and sustain it. You can print money to bail out a bank but you can't print life to bail out a planet.
Paul HawkenWall Street can never be allowed to threaten main street again. No bank can be too big to fail, no executive too powerful to jail.
Hillary ClintonBetween 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. AudenIn 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 ChomskyWhat was my great sin? To have revealed the private property of the bank - well if this is being a criminal, then maybe I'm a great criminal.
Jose MujicaThe 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. HoweYou 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 BransonBerlin is still a very edgy place, a very cosmopolitan place. It's a place where completely different ideas and cultures come together and clash in a very warm way. In a very warm-hearted way. It's a very young city. It's a vibrant city. It's an exciting city. It's a city that's also scarred by history. I think that's to be celebrated and graffiti is to be celebrated. Graffiti in Berlin is very different than when they spray something on the wall dividing the west bank and Israel. And should be treated as such in Berlin.
Ian BremmerWe go to church buildings that still have a mortgage. Which means the bank owns God's house. Which means that we go and make love to God in a house that Satan owns!
Eddie LongMen who allow their love of power to give them a distorted view of the world are to be found in every asylum: one man will think he is the Governor of the Bank of England, another will think he is the King, and yet another will think he is God. Highly similar delusions, if expressed by educated men in obscure language, lead to professorships of philosophy; and if expressed by emotional men in eloquent language, lead to dictatorships.
Bertrand RussellYou start to become successful, and everybody starts to drive your money train to the bank, and they're not thinking anymore about what you want as an artist or if any of that even matters to you. It genuinely upsets people in my life that I don't care about money, and that's not my problem.
Lady GagaMick Jagger also a music connoisseur and knows everything about that era. So, you knew the music side was going to be top-notch. It's HBO. On Men of Certain Age, if we wanted a song, it would break the bank. But, Vinyl can go all-out.
Ray RomanoI want to eradicate poverty. I think that theres a tremendous passion for that inside the World Bank.
Jim Yong KimThe 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've been here for eight years and I'm going into my 13th season. There's nothing I'd have liked better than to retire as a Jet. But the reality is, they released me. My goal now is not to break the bank. I did that twice already with my original contract and a restructuring. It's about winning a championship, and from this point forward, I'm going to go to the team that gives me the best chance to win a Super Bowl.
Kevin MawaeWho would want to break into [the music business]? It's like a bank that's already been robbed.
Randy NewmanPeople tend to think that paying a debt is like going out and buying a car, buying more food or buying more clothes. But it really isn't. When you pay a debt to the bank, the banks use this money to lend out to somebody else or to yourself. The interest charges to carry this debt go up and up as debt grows.
Michael HudsonEverything a gay man does makes a political statement. Everything matters: where you bank, where you shop, where you eat. When you hold your loverโs hand in public
Josh LanyonI was lucky to learn early in life that you need money for food and shelter, but there's no ambition in having money in the bank for the sake of it!
Helen McCrory