Quotes About Banks

The Germans made just about every bad investment you could have made in the last 10 years. They invested in Icelandic banks. They invested in Greek government bonds. They were heavy into Irish banks, big into Irish banks, and they bought U.S. subprime mortgage bonds.

Here's Hillary Clinton getting away with tying the Republicans to rich people. She's tying the Republican Party to Wall Street, to the big banks. She's tying the Republican Party to the financial crisis in 2008. It's all their fault. She's tying herself as with the low-income crowd - and the average, ordinary middle class American - as their champion, as their defender. They don't know that it's not the Republicans in bed with banks. They don't know that it's the banks that are practically paying for and underwriting the Democrat Party and Hillary Clinton today.

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.

But the good news, the crime rate is down. Isn't that amazing? Less banks are being robbed. Well, sure. A, there's less banks. B, the banks don't have any money left. And C, nobody's got gas money for the getaway car. So, right there, crime is down!

It does not stand to give banks millions of dollars at an interest rate of one percent, when banks charge students an interest rate of 6 percent. Why should the banks be scalping students?

What is the system? It revolves around the banks, the system is built on the power of the banks, so it can be destroyed through the banks.

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.

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.

The banks' product is debt. They try to tell customers that "debts are good for you," but the customers can't afford any more debt, so there's no way the banks can continue their current business plan.

In the United States there are only two exceptions: banks have to report deposits they suspect to be related to either terrorism or drug trafficking. But if your funds derive from trafficking women and children for sexual exploitation, for example, or from illegal arms trafficking or any other illegal activity, then banks in the US are legally free to accept your money and are not required to report your deposit to the authorities.

This is the first global crisis that doesn't start in poor countries and it was caused by the rich countries. So it's necessary to take advantage of this crisis - the financial system has to be regulated. It's necessary that the central banks in the world should control a little bit the banks' financing, because they cannot bypass a certain range of leverage. And I believe that there's no other - more any reason for a G-8 group or any other "G." I believe that we should guarantee that the G-20 should be now an important forum to discuss the major economic issues of the world.

Banks have a new image. Now you have 'a friend,' your friendly banker. If the banks are so friendly, how come they chain down the pens?

To save the banks from making losses that would wipe out their net worth, you'll have to get rid of Social Security. It means that you'll essentially have to abolish government and turn it over to the banking system to run, with an idea that the role of governments is to extract income from the economy to pay to the bondholders and the banks.

No one pushed harder than Congressman Barney Frank to force banks and other financial institutions to reduce their mortgage lending standards, in order to meet government-set goals for more home ownership. Those lower mortgage lending standards are at the heart of the increased riskiness of the mortgage market and of the collapse of Wall Street securities based on those risky mortgages.

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.

I 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.

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.

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.

The works which this man [Joseph Banks] leaves behind him occupy a few pages only; their importance is not greatly superior to their extent; and yet his name will shine out with lustre in the history of the sciences.

...so now, Mrs. Ramsay thought, she could return to that dream land, that unreal but fascinating place, the Manning's drawing-room at Marlow twenty years ago; where one moved about without haste or anxiety, for there was no future to worry about. She knew what had happened to them, what to her. It was like reading a good book again, for she knew the end of that story, since it had happened twenty years ago, and life, which shot down even from this dining-room table in cascades, heaven knows where, was sealed up there, and lay, like a lake, placidly between its banks.

What the study I chaired actually said was we needed tougher regulation of cash and capital in banks, as credit was too easy. Events proved that right.

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

In America, we need to go forward in nationalizing several large corporations: I think that's possible; we nationalized General Motors; we nationalized several of the big banks, de facto; we nationalized Chrysler; we nationalized AIG. I think there will be more crises, and at some point, rather than being bailed out by the government, the public may keep the corporations it has to rescue.

The 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.

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.

Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional activities as banks try to rebuild their balance sheets.

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.

The powers of financial capitalism had a far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences.

Though the words Canada East on the map stretch over many rivers and lakes and unexplored wildernesses, the actual Canada, which might be the colored portion of the map, is but a little clearing on the banks of the river, which one of those syllables would more than cover.

Hillary Clinton has perfected the politics of personal profit and theft. She ran the State Department like her own personal hedge fund, doing favors for oppressive regimes and many others in exchange for cash. Then when she left, she made $21.6 million giving speeches to Wall Street banks and other special interests in less than two years - secret speeches that she does not want to reveal to the public. Lobbyists, CEOs, and foreign governments totally own her, and that will never change if she ever became president.

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.

Education is fundamental. And I know some aren't blessed to be afforded the luxury, 'cause as sad as it is in 2016, it is still a luxury. I'd say when you're young, look for someone, an older woman, you'd like to emulate. Not necessarily her career, but the soul and essence of that woman. I use women like Susan Taylor and Tyra Banks to girdle me up so I can find my own strength and forge my own path.

Occupy has to continue as a bold, in-your-face movement - occupying banks, corporate headquarters, board meetings, campuses and Wall Street itself. We need weekly - if not daily - nonviolent assaults right on Wall Street.

Politicians all over the world cater to domestic vote banks. They will spend only on what their constituents want. So unless there is a grass root green movement in a nation the politicians will not be willing to spend money on curbing emissions. More awareness is needed amongst the people to effect the real change in how governments spend.

Unlike the Concord, the Merrimack is not a dead but a living stream, though it has less life within its waters and on its banks. It has a swift current, and, in this part of its course, a clayey bottom, almost no weeds, and comparatively few fishes.

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.

If 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.

We look on those approaching the banks of a river all must cross, with ten times the interest they excited when dancing in the meadow.

Banks are an almost irresistible attraction for that element of our society which seeks unearned money.

I just discovered that there were so many lost movies that were all mine to take if I wanted to take them. I was drunk on greed when I encountered this motherlode of utterly fascinating narratives that time's great river washed up on its banks for me to just scavenge, and not even rub clean, just repurpose and take credit for. It was kind of one of those weird dreams that where you keep finding free money.

I hold all idea of regulating the currency to be an absurdity; the very terms of regulating the currency and managing the currency I look upon to be an absurdity; the currency should regulate itself; it must be regulated by the trade and commerce of the world; I would neither allow the Bank of England nor any private banks to have what is called the management of the currency.

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.

The United States is the most indebted country in the world. It has almost 17 billion dollars of debt with the rest of the world while living off the world's savings. They are living off the savings of the people of Greece, the savings of the people of Spain, France etc. All of those countries that save their reserves in the banks in dollars are simply financing the American economy, and that is why the average American citizen consumes two and a half times more than their income.

I think the oversight is great, and I think that oversight ought to be devoted almost entirely to the question is this being done at market you know. In other words, you want to make sure that the government isn't investing foolishly. But you don't want to care about which congressional districts it goes to or whether banks get favored over.

The connection which formerly existed between the Government and banks was in reality injurious to both, as well as to the general interests of the community at large.

The problems of 2008 were never cured. The Federal Reserve's solution to the crisis was to lend the economy enough money to borrow its way out of debt. It thought that if it could subsidize banks lending homeowners enough money to buy houses from people who are defaulting, then the bank balance sheets would end up okay.