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.

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.

The investment banks should either choose to be regulated as banks or should arrange to conduct their affairs to not require the stop-gap support of the Federal Reserve.

The goal of the FED, as with all central banks, is three-fold: (1) to protect the largest commercial banks from their depositors, who occasionally exercise their contractual right to withdraw currency (the ungrateful cads); (2) to control entry of newcomers into the bankers' cartel (interlopers); (3) to keep the stock market from collapsing in a panic, thereby persuading depositors to withdraw currency

Among the largest banks, the capital ratios remain good and I don’t expect any serious problems . . . . among the large, internationally active banks that make up a very substantial part of our banking system.

We've been following many forms of democratized ownership, starting with co-ops, land banks at the neighborhood level, municipal ownership and state ownership of banks - there's a whole series of these that attempt to fill the small-scale infrastructure that can build up to a larger theoretical vision.

This is the joint responsibility of everyone who was involved in the introduction of the euro without understanding the consequences. When the euro was introduced, the regulators allowed banks to buy unlimited amounts of government bonds without setting aside any equity capital. And the European Central Bank discounted all government bonds on equal terms. So commercial banks found it advantageous to accumulate the bonds of the weaker countries to earn a few extra basis points.

Regulators are a backstop: they don't own banks. The governance at the top of our leading banks has been shown to be lamentably weak. No one at the top of Barclays will take responsibility for systemic abuse.

In 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%).

My operating assumption is we will always have very tough competition. And even with some European banks struggling right now, some of them can reemerge - and maybe even stronger.

Far below ran the silver ribbon of the East River, braceleted by shining bridges, flecked by boats as small as flyspecks, splitting the shining banks of light that were Manhattan and Brooklyn on either side.

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

These settlements [Justice Department with lenders] include requirements that banks lend to minorities at below-market rates and, in effect, dish out cash to politically favored 'community groups.' It's a good bet that many of these loans will eventually go bad.

You entrust your money to banks, God entrusts His money to you. How would you feel if the bank took your money and used it to play the lottery or gamble with it? So, how does God feel?

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.

I am a Black revolutionary woman, and because of this i have been charged with and accused of every alleged crime in which a woman was believed to have participated. The alleged crimes in which only men were supposedly involved, i have been accused of planning. They have plastered pictures alleged to be me in post offices, airports, hotels, police cars, subways, banks, television, and newspapers. They have offered . rewards for my capture and they have issued orders to shoot on sight and shoot to kill.

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

'Prop trading' is just a fancy term for banks gambling in the market for their own profit.

This nation is like a spring freshet; it overruns its banks and destroys all who are in its path.

Banks aren't neutral observers, they're ... the people who caused the mess. It's like someone who's wet themselves in a public building insisting they choose which mop the librarian fetches to clear up the puddle.

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

A power has risen up in the government greater than the people themselves, consisting of many and various powerful interests, combined in one mass, and held together by the cohesive power of the vast surplus in banks.

We have the Israelis coming to us for equipment. We can say we can't possibly get the Congress to support a program like this. And they say don't worry about the Congress. We will take care of the Congress. This is somebody from another country, but they can do it. They own, you know, the banks in this country. The newspapers. Just look at where the Jewish money is.

A Montana statue holds that a river has a right to overwhelm its banks and inundate its floodplain. Well, that's interesting, because it's not a right that we assign to the river. The river has earned it through centuries of deluging and shaping the floodplain, and the floodplain has a right to its rampaging river. They've earned their rights through a kind of reciprocal action.

Evening of a hot day started the little wind to moving among the leaves. The shade climbed up the hills toward the top. On the sand banks the rabbits sat as quietly as little gray, sculptured stones.

Banks lend by creating credit. They create the means of payment out of nothing.

The unique aspect of today's monetary inflation is that it is not limited to one country, but a host of countries are all inflating together. As a result of the monetary inflation (when all of the newly created money begins to leave the banks and enter the system), the price inflation will be worldwide.

All 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.

We have inherited a great music. This music is a holdover. It comes with us like the skin, the texture of our hair. It's our memory banks.

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.

The States should be urged to concede to the General Government, with a saving of chartered rights, the exclusive power of establishing banks of discount for paper.

Out in the lonely woods the jasmine burns Its fragrant lamps, and turns Into a royal court with green festoons The banks of dark lagoons.

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.

If there is one common theme to the vast range of crises...it is that excessive debt accumulation, whether it be by the government, banks, corporations, or consumers, often poses greater systemic risks than it seems during a boom.

At the base of the Fed pyramid, and therefore of the bank system's creation of "money" in the sense of deposits, is the Fed's power to print legal tender money. But the Fed tries its best not to print cash but rather to "print" or create demand deposits, checking deposits, out of thin air, since its demand deposits constitute the reserves on top of which the commercial banks can pyramid a multiple creation of bank deposits, or "checkbook money."

I just want to say that the only thing less popular than putting money into banks is putting money into the auto industry.

Faith 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.

This 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.

I think changing the Democratic Party platform [at the convention] is a great place to start. It should include expanding Social Security, a $15 minimum wage, and breaking up too-big-to-fail banks on Wall Street - among other Sanders priorities.

My nightmare scenario is that the government saves Citibank once again, as well as the other banks, and business resumes as usual. Then, the next time the system breaks, it breaks much, much bigger.

Money often determines not only who gets elected, but what gets done. Which voices do lawmakers listen to, the banks or home owners, coal companies, or asthma sufferers, the CEOs or the unemployed?

For many people, the mortgages they took out before 2008 are so high that they would be better off walking away from their houses. That is called "jingle mail," returning the keys to the bank and saying, "You can have the house. I can buy the house next door that's just like this for 20% less, so I'm going to save money and switch." That's what someone like Donald Trump or a real estate investor would do. But the banks are trying to convince the mortgage debtors, the homeowners, not to act in their own self-interest.

All of this is happening because there has still been no reckoning post the financial crisis. So governments have fallen, one bloke has been to prison, the banks have gone pretty well back to status quo, the rich are getting richer, and the poor are getting poorer. And it's fuelling anger. And somehow [Donald] Trump, who represents the worst aspects of capitalism, has persuaded people he can deal with that.

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.

Value investors will not invest in businesses that they cannot readily understand or ones they find excessively risky. Hence few value investors will own the shares of technology companies. Many also shun commercial banks, which they consider to have unanalyzable assets, as well as property and casualty insurance companies, which have both unanalyzable assets and liabilities.

Banks should contribute to the real economy, make a positive contribution to economic growth.

There is a river in the ocean. In the severest droughts it never fails, and in the mightiest floods it never overflows. Its banks and its bottom are of cold water, while its current is of warm. The Gulf of Mexico is its fountain, and its mouth is in the Arctic Sea. It is the Gulf Stream.