Quotes About Banks

One nation banking recognises that banks must not be isolated from the rest of the economy. Because banks and small businesses must succeed or fail together, banks must lend to small businesses so we can get the growth and jobs we need for the future. As things stand, that is not happening enough. Lending was down £10.8billion last year.

In a world of businessmen and financial intermediaries who aggressively seek profit, innovators will always outpace regulators; the authorities cannot prevent changes in the structure of portfolios from occurring. What they can do is keep the asset-equity ratio of banks within bounds by setting equity-absorption ratios for various types of assets. If the authorities constrain banks and are aware of the activities of fringe banks and other financial institutions, they are in a better position to attenuate the disruptive expansionary tendencies of our economy.

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.

Before the 1970s, banks were banks. They did what banks were supposed to do in a state capitalist economy: they took unused funds from your bank account, for example, and transferred them to some potentially useful purpose like helping a family buy a home or send a kid to college.

A couple in love walking along the banks of the Seine are, in real fact, a couple in love walking along the banks of the Seine, not mere particles in motion.

Banks have come to realize in the recent crisis that they are paying the price for having designed compensation packages which provide incentives that are not, in the long run, in the interests of the banks themselves, and I would like to think that would change.

What central banks can control is a base and one way they can control the base is via manipulating a particular interest rate, such as a Federal Funds rate, the overnight rate at which banks lend to one another. But they use that control to control what happens to the quantity of money. There is no disagreement.

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.

Yes, when they're buying there are more buyers in the market and that's supportive of the price. The more buyers you have, the firmer the price is going to be. When central banks were selling it was a headwind the market had to overcome. Now it's a tailwind that central banks are joining the buyers.

The economy is being run primarily by the banks for their own interest.

Not an old woman that buys a paper of pins, without yielding a part of the price to the banks as interest!

The IMF acts as the collection agent for global bondholders. Its projections begin by assuming that all debts can be paid, if economies will cut wages and wiping out pension funds so as to pay banks and bondholders.

What should really be happening is a revolution. The system should be torn apart by the people and banks shouldn't be allowed to do what they do, and giant corporations shouldn't be allowed to run the world to the ground the way they're doing. But that's not happening for whatever reason.

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.

Once you begin to talk about wealth inequality, especially as it relates to corporations and big banks, or engage in an indictment of U.S. foreign policy, you are really getting at the center of a society that is very fearful of that kind of critique.

Do we want to be remembered as the generation that saved the banks and let the biosphere collapse?

Despite the high salaries involved, employing economists is a cost-effective way for banks, and stockbrokers to secure exposure in the media.

I 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.

Negro banks, as a rule, have failed because the people, taught that their own pioneers in business cannot function in this sphere, withdrew their deposits.

A man who lived on the banks of the Niger should not wash his hands with spittle.

They like to take all this money from sin, build big universities to study in, sing Amazing Grace all the way to the Swiss banks.

The question is how does Hilary Clinton fit in this broader network? She's a centralising cog. You've got a lot of different gears in operation from the big banks like Goldman Sachs and major elements of Wall Street, and Intelligence and people in the State Department and the Saudis.

I stalk about her door, like a strange soul upon the Stygian banks staying for waftage.

Donald Trump is going to win. Donald Trump is going to win because in the end, the country is not going to reward big banks and big unions and big bureaucracies and big donors and big corruption by voting for a big liar.

The fundamental problem with banks is what it's always been: they're in the business of banking, and banking, whether plain vanilla or incredibly sophisticated, is inherently risky.

Some people want to be bank presidents. Other people want to rob banks.

One 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.

We 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

It is clear to me that the financial sector, including CNBC, loves central banks

Writers like Twain, Whitman, Dickinson, Melville, Louise Erdrich, Toni Morrison, Russell Banks, Carolyn Chute, Alice Walker, so many others that I read coming up as a writer, that helped form my ideas of what it means to be American - and an American writer. I'm always in conversation with them.

Conservatives brayed that government should stay out of the private sector; liberals bleated for nationalizing the banks.

Nobody knows everything that's hidden in the balance sheets of banks. In fact, they are completely impenetrable.

The world is not likely to tire of an amusement which never repeats itself, of a game which today presents features as novel and charms as fresh as those with which it delighted, in the morning of history, the dwellers on the banks of the Ganges and Indus.

JPMorgan Chase are among the most successful global investment banks, most successful global asset managers, and, in the United States, one of the most successful retail and commercial bankers. We do a great job for customers.

She was no longer that happy creature who in earlier youth wandered with me on the banks of the lake and talked with ecstasy of our future prospects. The first of those sorrows which are sent to wean us from the earth had visited her, and its dimming influence quenched her dearest smiles.

A graphic representation of data abstracted from the banks of every computer in the human system. Unthinkable complexity. Lines of light ranged in the nonspace of the mind, clusters and constellations of data. Like city lights, receding.

I'll tell you where the injustice is. It's with the person earning £12,000 to £15,000-a-year who is being asked to be restrained by their business or employer. Yet the taxpayer has bailed out the banks, so why are they not showing restraint?

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?

There are some things, but not too many, toward which the countryman knows he must be properly respectful if he would avoid pain, sickness and injury. Nature is neither punitive nor solicitous, but she has thorns and fangs as wells as bowers and grassy banks.

The lake was silent for some time. Finally, it said: "I weep for Narcissus, but I never noticed that Narcissus was beautiful. I weep because, each time he knelt beside my banks, I could see, in the depths of his eyes, my own beauty reflected.

The lack of monetary discipline has become a hallmark of unfettered globalization. Central banks have failed to provide a stable underpinning to world financial markets and to an increasingly asset-dependent global economy.

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.

At the heart of banking is a suicidal strategy. Banks take money from the public or each other on call, skim it for their own reward and then lock the rest up in volatile, insecure and illiquid loans that at times they cannot redeem without public aid.

The dawn came - not the flaming sky that promises storm, but a golden dawn of infinite promise. The birds came flying up out of the east in wedge-shaped formation, and the mist lifted in soft wreaths of sun-shot silver. Colour came back to the world. The grass glowed with a green so vivid that it seemed pulsing, like flame, from some hidden fire in the earth, the distant woods took on all the amazing deep crimsons and purples of their winter colouring, the banks were studded with their jewels of lichens and bright moss, and above the wet hedges shone with sun-shot orbs of light.

That's the problem with the financial sector. Banks and the financial sector live in the short run, not the long run. In principle the government is supposed to make regulations that help the economy over time. But once it's taken over by the financial sector, the government lives in the short run too.

True, governments can reduce the rate of interest in the short run. They can issue additional paper money. They can open the way to credit expansion by the banks. They can thus create an artificial boom and the appearance of prosperity. But such a boom is bound to collapse soon or late and to bring about a depression.

I am a forest, and a night of dark trees: but he who is not afraid of my darkness, will find banks full of roses under my cypresses.

The banks run the place.