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Civilization is a stream with banks. The stream is sometimes filled with blood from people killing, stealing, shouting and doing the things historians usually record, while on the banks, unnoticed, people build homes, make love, raise children, sing songs, write poetry and even whittle statues. The story of civilization is what happened on the banks.
Will DurantAnd 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.
Dick DurbinThere used to be corporations that produced products. Now there are just banks that produce deals, hedge-fund-driven banks and derivatives and those things.
Cornel WestIn my view, this is not extremism on the left. This is what the American people support in poll after poll. Support the right to a job. Support living wages. Support real climate action. Support small community-based banks that make loans available to every day people and small businesses, not these too-big-to-fail banks that rip us off, that crash the economy at taxpayer expense. Support a public-option healthcare system, not Obamacare, which has been a boondoggle for insurance and pharmaceutical companies.
Jill SteinMy guess is the big Chinese banks will be in 100โฏcountries by then. They will have very sophisticated operations, and they may very well have bought banks around the world in countries that allow it. I mean, I don't think the American government would allow them to buy JPMorgan. But they will be able to buy a sizable big bank in the U.S. at some point. Whether they do or not, or if it's allowed or not, I don't know.
Jamie DimonIt is a sobering fact that the prominence of central banks in this century has coincided with a general tendency towards more inflation, not less. [I]f the overriding objective is price stability, we did better with the nineteenth-century gold standard and passive central banks, with currency boards, or even with 'free banking.' The truly unique power of a central bank, after all, is the power to create money, and ultimately the power to create is the power to destroy.
Paul VolckerRemember that banks aren't markets. The market is amoral. The market doesn't care who you are. You're a trade to the market. The market will sell you if they think you're riskier. Banks didn't do that
Jamie DimonThe thing I would worry a little bit about is Donald Trump owes about $650 million to banks, including the Bank of China. I'm not sure he could stand up so tough to the people who have loaned him money.
Tim KaineIn almost any change there is 20 - 60 - 20. 20% are doing the change and we need to stay out of their way. 20% will never get there (a large percent still go into banks to see tellers vs. ATMs). 60% are in the middle. I think you will always find some companies where the head of HR is not a member of senior management team (bottom 20% and some companies where she or he has always been (top 20%).
Dave UlrichLike the Roman town grid, the New York plan was laid down on largely empty land, a city designed in advance of being inhabited; if the Romans consulted the heavens for guidance in this effort, the city fathers of New York consulted the banks.
Richard SennettI was interested in this relationship between the armed robber and the banker who were from different worlds but had similar goals. It was kind of a metaphor for this larger marriage of the banks selling off their debt and these street guys scrapping over it.
Jake HalpernNo 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.
Tony BurkeWomen were like rivers, their banks were unreachable, the night often rang with the cries of the drowned.
Thomas BernhardThis nation is like a spring freshet; it overruns its banks and destroys all who are in its path.
Sitting BullYou are leaving port under sealed orders and in a troubled period. You cannot know whither you are going or what you are to do. But why not take the Pilot on board who knows the nature of your sealed orders from the outset, and who will shape your entire voyage accordingly? He knows the shoals and the sand banks, the rocks and the reefs, He will steer you safely into that celestial harbor where your anchor will be cast for eternity. Let His almighty nail-pierced hands hold the wheel, and you will be safe.
Peter MarshallI always loved that old song Banks of the Ohio - it was always such a man's song, so I've always wanted to record it.
Dolly PartonManaging the other fellow's business is a fascinating game. Trade unionists all over the country have pronounced ideas for the reform of Wall Street banks; and Wall Street bankers are not far behind in giving plans for the tremendous improvement of trade union policies. Wholesalers have schemes for improving the retailer; the retailer knows just what is wrong in the conduct of wholesale business-and we might go through a long list.... Yet for some reason the classes that ought to be helped keep on stubbornly clinging to their own method of running their affairs.
B. C. ForbesNo. It is not acceptable that the 6 largest financial institutions in this country have assets of almost 10 trillion dollars, and issue half of the mortgages and two-thirds of the credit cards. That is too much wealth and power in the hands of a few. If Teddy Roosevelt were alive today he'd tell us to 'break them up.' And he'd be right. These huge banks must be broken up.
Bernie SandersWhen I said "the pocket of the banks," it is not necessarily a mercenary relationship. It is a mindset.
Joseph StiglitzI guided my heap into the heart of Capitol Hill wondering for the first time in fourteen years what I could do to get money besides drive cabs or rob banks. Both occupations had their pros and cons. For instance, bank robbery isn't quite as dangerous as cab driving, but it pays better.
Gary ReillyWhen I first decided to open a restaurant, I was turned down by several banks. It was the late 80's and many restaurants were failing. I refused to give up because I knew I had a good concept.
Emeril LagasseAll these child stars grow up and they're knockin' over banks and getting prostitutes. I'm, like, one of the only people I know that has managed to dodge all of that negative crap.
Dustin DiamondOne day, because they realize for some reason or other that they must stop credit expansion, the banks do stop creating new credit to lend. Then the firms that have expanded cannot get credit to pay for the factors of production necessary for the completion of the investment projects which they have already committed themselves. Because they cannot pay their bills, they sell off their inventories cheap. Then comes the panic, the breakdown. And the depression starts.
Ludwig von MisesIf Hillary [Clinton] gets elected what she's promised to do with the [New York] banks is going to make London boom.
Rupert MurdochWe are seeing pioneers moving out to the Internet, banks that are taking transactions, retail shopping on the Internet, and although it's going to take most of a decade before most adults are turning to the Internet for a high percentage of their act
Bill GatesBoards of directors are allowed to work together, so are banks and investors and corporations in alliances with one another and with powerful states. Thatโs just fine. Itโs just the poor who arenโt supposed to cooperate.
Noam ChomskyAs the titanic losses were racking up, Fannie Mae's operators, Franklin Raines and Jamie Gorelick, disguised the catastrophe by orchestrating a $5 billion accounting fraud - all the while continuing to pressure banks to make absurd, politically correct loans and denouncing Republicans as enemies of the poor.
Ann CoulterThe global financial system consists of firms in the financial services sector - banks, hedge funds, insurance companies and the like - and various governmental agencies who are charged with regulating these firms.
John L. CastiConservatives brayed that government should stay out of the private sector; liberals bleated for nationalizing the banks.
Steven RattnerFaith is a homely, private capital; as there are public savings-banks and poor funds, out of which in times of want we can relieve the necessities of individuals, so here the faithful take their coin in peace.
Johann Wolfgang von GoetheThis is very dangerous for us, as a society, and I think people deserve a politics of integrity that is not bought and paid for by big banks, fossil fuel giants, war profiteers, insurance companies, the things that those two corporate parties both represent and which pull the strings inside the party.
Jill SteinI think politically there is less juice to be squeezed out of that orange in the Democratic side. I mean, my feeling is your median Democratic voter, they`re angry at the banks or they`re not psyched about companies that outsource and things like that.
Chris HayesA couple years ago, the novelist Russell Banks told me he was reading the ancient Greek historian Herodotus. I asked why. He said, 'Because I've always wanted to and am tired of having my reading assigned.' I thought it was a marvelous declaration of independence.
Richard RussoAt the moment we are facing a whole collection of difficult to forecast developments from the situation in China and the oil-price crash to the worrying news from some banks in Europe and the US. All of that is linked: Worldwide company debt is high and there is a lot of money in circulation. That is why necessary structural reforms are not being made.
Wolfgang SchaubleTrapped 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.
Sheldon WhitehouseMoney 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.
Michael HudsonThe Taj Mahal rises above the banks of the river like a solitary tear suspended on the cheek of time.
Rabindranath TagoreWhile many of the established media make losses or go bankrupt, WikiLeaks has survived a major conflict with a superpower, including an unlawful economic blockade by its banks and credit card companies and the detention of its editor. We have no debts. We have not had to fire staff. We have never lost a court case related to our publishing. We have never been forced to censor. Adversity has hardened us.
Julian AssangeMost Swiss banks do have a whistleblower program, but they use it to punish those who avail themselves of it.
Herve FalcianiIf you go back to the time of J.P. Morgan, the world of high finance was completely wholesale. The prestigious investment banks on Wall Street appealed exclusively to large corporations, governments, and to extremely wealthy individuals.
Ron ChernowIt would seem that emotions are the curse, not death-emotions that appear to have developed upon a few freaks as a special curse from Malevolence. All right then. It is our emotions that are amiss. We are freaks, the world is fine, and let us all go have lobotomies to restore us to a natural state. We can leave the library then, go back to the creek lobotomized, and live on its banks as untroubled as any muskrat or reed. You first.
Annie DillardWe love a world in which the people in the white hats get rewarded and the people in the black hats pay the price. And that I have to say doesn't happen very often, particularly in a very complex economy. We're in a time of panic where people have lost trust in what the banks are doing, what the investment firms are doing - lost trust beyond a level of reasonableness, to be honest. And, it's got to be stopped.
Rebecca M. BlankThe Web is a compelling new medium being put to all kinds of uses, by everyone from banks to Cub Scouts to flying saucer cults. That said, it can also be a powerful folly amplifier.
Paul SaffoGoldman Sachs now has the biggest oil position in America and probably one of the biggest oil positions in the world. They're long oil. So the banks have aggressively been buying oil on their balance sheets. I think they might see this as a way to bail themselves out of this mortgage crisis.
Max Keiser