Quotes About Banks

Political scientists don't work at banks which is a problem. As political issues become more important for the markets, analysts at banks are asked all sorts of questions they don't have the ability to answer. And if you're getting paid to answer questions as analysts at banks are you never want to be in the position of saying you don't know.

Banks are so protected from liability they would have to really do something that was their mistake in order for them to be liable for it. Banks don't look at signatures. They're processing millions of checks and they have very little liability.

Some banks won’t make it. Other banks are going to make sure that we strengthen. All deposits are going to be safe for ordinary people, but we’re going to have to bring out some of these bad assets.

And the banks - hard to believe in a time when we're facing a banking crisis that many of the banks created - are still the most powerful lobby on Capitol Hill. And they frankly own the place.

There's only one thing that all of the central banks control and that is the base, their own liability, and they can control that in various ways. They can control it directly by open market operations, buying and selling government securities or other assets, for example, buying and selling gold, or they can control it indirectly by altering the rate at which banks lend to one another.

It's responsible for the sloppiness and imprecision of the War on Terror, for example. It's responsible for taking people's tax dollars and spending the country into debt on useless wars and pointless pork projects to buy votes. It's responsible for bailing out the banks instead of standing up for the people the banks cheated. It's responsible for plenty.

The myth is that if housing prices go up, Americans will be richer. What banks - and behind them, the Federal Reserve - really want is for new buyers to be able to borrow enough money to buy the houses from mortgage defaulters, and thus save the banks from suffering from more mortgage defaults.

People have to pay so much money to the banks that they don't have enough money to buy the goods and services they produce. So there's not much new investment, there's not new employment (except minimum-wage "service" jobs), markets are shrinking, and people are defaulting. So many companies can't pay their banks.

Urban America has been redlined. Government has not offered tax incentives for investment, as it has in a dozen foreign markets. Banks have redlined it. Industries have moved out, they've redlined it. Clearly, to break up the redlining process, there must be incentives to green-line with hedges against risk.

Banks don't commit crimes. Bankers do. And they won't ever stop if they don't have to pay for their crimes.

No doubt, you've got a parliament now - I mean, Malcolm Turnbull says he'll work with the parliament he's got. He's got a parliament where a majority of the members of parliament want that law to be changed. He's got a parliament where there's a majority in each House who have publicly said they want to have a Royal Commission into banks.

Most banks - with Deutsche Bank at the top of the spectrum here - have decided that they can't make money lending to barrowers anymore, so they're going to the second business plan: They lend money to casino capitalists. That is, to people who want to gamble on derivatives.

Close the weak banks and impose serious capital requirements on the strong ones...You see, it may sound hard-hearted, but you cannot keep unsound financial institutions operating simply because they provide jobs.

Probably if you look like Tyra Banks, it probably is hard, even if you are really smart, for people to take - it surprises some.

I think we've learned that the S.B.A. plays a critical role in providing access and opportunity when the market is not providing that access. We help banks get that money out into the hands of important and viable businesses, particularly those owned by minorities, women, immigrants and veterans.

Take a look at the current debates in Washington, and of course, everything in the media. Only one issue is discussed: the deficit - the least significant issue, but the most significant issue for the banks. The big problem, joblessness, is barely discussed, even though that's what the public wants, as polls clearly show. That's even what the business press supports, but the financial institutions are so powerful that the only issue is the deficit, and this runs right through the intellectual culture.

When 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.

Life can be lived at a remove. You trade in futures, and then you trade in derivatives of futures. Banks make more money trading derivatives than they do trading actual commodities.

The real estate interests and banks are in a kind of symbiosis. They're the largest-growing part of the economy. This is the sector that backs the political campaigns of senators, presidents and congressmen, and they use this leverage to make sure that their people dominate the Federal Reserve, Treasury and the federal housing agencies.

I like money. That is, it is my preferred means of completing pecuniary transactions. I'm not particularly keen on handing over wads of currency of the realm, but at least one knows where one is, whereas the chequebook is a snare and a delusion, containing misleading numbers of blank cheques when none of the money that the bank contains is rightfully one's own. ... I think banks owe their customers a lot by way of compensation for the aggravation they cause them.

What’s happened is that, almost overnight, we’ve switched from democracy in real-property recording to oligarchy in real-property recording. There was no court case behind this, no statute from Congress or the state legislatures. It was accomplished in a private corporate decision. The banks just did it.

Miners produce the bullion. If there is going to be more demand for gold from investors and central banks, where is the gold going to come from? They have to dig it out of the ground and sell it. As the price of gold goes higher, their profit margins increase. So if you are very bullish like I am and think there is going to be a big increase in gold, it's a huge opportunity for miners.

It is the omnipresent rush of water which give the Este Gardens their peculiar character. From the Anio, drawn up the hillside at incalculable cost and labour, a thousand rills gush downward, terrace by terrace, channeling the stone rails of the balusters, leaping from step to step, dripping into mossy conches, flashing in spray from the horns of sea-gods and the jaws of mythical monsters, or forcing themselves in irrepressible overflow down the ivy-matted banks.

In the same way that banks succeeded at privatizing the profits and socializing the losses as they led the global economy to the brink of collapse, we are in danger of doing the same with the environment. Humanity has taken a huge leap in the last decades and become a planetary-scale force - we need to behave as a global civilization if we are not to face catastrophic consequences.

It seems not to matter that we are at the brink of a war that may spread beyond Afghanistan and Iraq to Iran and Georgia and then where? To Syria? To North Korea? To China? That we in America are in economic doldrums and are seeing small businesses fold and houses reclaimed by banks and a smouldering panic that is palpable everywhere.

Rivers must have been the guides which conducted the footsteps of the first travelers. They are the constant lure, when they flow by our doors, to distant enterprise and adventure, and, by a natural impulse, the dwellers on their banks will at length accompany their currents to the lowlands of the globe, or explore at their invitation the interior of continents.

Every government, from the Obama administration right through to Angela Merkel, the Eurozone and the IMF, promise to save the banks, not the economy.

Remember that Abraham Lincoln was a Whig far longer than he was a Republican. As a whole, the Whigs looked upon banks and corporations as a more efficient means of development; the Jacksonian Democrats thought they were the tools of the devil, but Whigs like Lincoln disagreed. During his presidency, Lincoln favored the re-construction of a national financial system, and his most important 'internal improvement' project was the Pacific railroad.

Sometimes we get wrong notions, we think we have to be in a luxurious house, in a large city, with a new car in order to be happy. Happiness isn't there. Happiness isn't in a new car, it isn't in a new and luxurious apartment. Happiness isn't in banks and stocks. Happiness is where you make it, it's up to you. It comes from within, it doesn't come from things.

I love the way I make hip-hop and I refuse to make pop-rap. I don't refuse to make mainstream music, which is why I did a soul record. There was no reason why soul music couldn't get played on the radio and I still wanted to have a relationship with my record label. So, I really enjoyed doing the Strickland Banks album. But there's no point in my trying to release underground hip-hop music on a major label. That part of my talent, or part of my art, had to live somewhere else and feature film was the perfect vehicle for it.

I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a moneyed aristocracy that has set the Government at defiance. The issuing power should be taken from the banks and restored to the people to whom it properly belongs.

If information is the currency of democracy, then libraries are its banks.

If investments in banks fall, it is a tragedy, and people say, 'What are we going to do?' but if people die of hunger, have nothing to eat or suffer from poor health, that's nothing.

You could argue the banks are much better capitalised than they were going into the crisis, and everyone's in a much more vigilant state because they still remember the crisis.

I’m dazzled by your facility. In ten days you’ll have written six stories! I don’t understand it… I’m like one of those old aqueducts: there’s so much rubbish cogging up the banks of my thought that it flows slowly, and only spills from the end of my pen drop by drop.

I'm thinking of switching banks, and my friend said, 'Well, what's wrong with Citibank?' Well, they can't spell 'city.' I hope their math is better than their English is.

Governance is complex, difficult, and on the whole, thankless - why ever should the Bright Young Things leave the management of their hotels, newspapers, banks, TV channels and corporations to join, like fleas on a behemoth, the government? Wherein lies the difference between the two worlds?

Trapped in the bureaucracy nightmare, real families suffer when the big banks and their servicers force foreclosures. The emotional toll on children packing up their rooms and on parents struggling to find a temporary roof is a deep one.

We need to increase the transparency of shadow banking markets so that authorities can monitor for signs of excessive leverage and unstable maturity transformation outside regulated banks.

Buy cheap and sell high is a rule of business, and when you control enough money and enough banks you can always manage that a stock you want shall be temporarily cheap. No value is destroyed for you - only for the original owner.

Money is not a factor of production. But in order to have access to credit, in order to get money, in order to get an education, you have to pay the banks.

China's idea of fair trade is government subsidies of its textile and apparel exports to the United States, currency manipulation, and forgiveness of loans by its government banks.

There really isn't a recovery, and no signs of it on the horizon, because people have to pay the banks. It's a vicious circle - or rather, a downward spiral.

In the real world, banks hang onto their money for fear of making bad loans, no matter how many bailouts or stimulus packages Washington passes.

My view is that Washington and the regulators are there to serve the banks.

She is nine, beloved, as open-faced as the sky and as self-contained. I have watched her grow. As recently as three or four years ago, she had a young child's perfectly shallow receptiveness; she fitted into the world of time, it fitted into her, as thoughtlessly as sky fits its edges, or a river its banks. But as she has grown, her smile has widened with a touch of fear and her glance has taken on depth. Now she is aware of some of the losses you incur by being here--the extortionary rent you have to pay as long as you stay.

The year is getting to feel rich, for his golden fruits are ripening fast, and he has a large balance in the barns, which are his banks. The members of his family have found out that he is well to do in the world. September is dressing herself in show of dahlias and splendid marigolds and starry zinnias. October, the extravagant sister, has ordered an immense amount of the most gorgeous forest tapestry for her grand reception.

In a small Swiss city sits an international organization so obscure and secretive... Control of the institution, the Bank for International Settlements, lies with some of the world's most powerful and least visible men: the heads of 32 central banks, officials able to shift billions of dollars and alter the course of economies at the stroke of a pen.