Words matter. These are the best Banks Quotes from famous people such as Warren Stephens, Jerome Powell, John Dillinger, Ravi Subramanian, Julian Assange, and they’re great for sharing with your friends.
What we prefer to do is operate our investment bank in a way that is like what investment banks used to be, which is a middle man – someone who is here to match people who need capital with people who have capital – and not position ourselves at the center of that by taking big positions on a trading stance.
The Federal Reserve and other central banks have adopted broad public policy objectives to guide the development and oversight of the payments system. At the Fed, we have identified efficiency and safety as our most fundamental objectives, as set forth in our Policy on Payment System Risk.
I rob banks for a living, what do you do?
The opportunity to create wealth in foreign banks exists only in the investment banking space. Working in a local company teaches you to think long term.
It’s interesting that Swiss banks also hide their assets from the Swiss by using offshore bank structuring.
I avoid banks and I’ve never been in any sort of corporate environment at all.
If you want government to take everything, if you want government to take more and more over with the banks, more of the industries, all of a sudden you’re going to have a government auto czar, right there, right down the line, that’s socialism.
Neofascism in the United States takes the form of big money, big banks, big corporations, tied to xenophobic scapegoating of the vulnerable, like Mexicans and Muslims and women and black folk, and militaristic policies abroad, with strongman, charismatic, autocratic personality, and that’s what Donald Trump is.
I think that sharing information about our economies, the way that the central banks do in Basel and other forums, is quite useful. But it’s sharing information. It’s not coordinating policy. It’s not coordinating a single monetary policy.
Capital was always the struggle. I always had these amazing visions. Had this amazing work ethic. Had this amazing work partner in my wife. But I was always struggling for capital. I owe a lot to local banks who were willing to take chances on Jo and I early in our career.
Banks were once places to hold money and were very careful in lending to finance families as they built a future – bought homes, bought cars, took out student loans.
I opposed the bailout of banks and car companies.
I’ve been friends with Elizabeth Banks since ‘Wet Hot American Summer.’
Government should eschew suasion and directives to banks on interest rates that run counter to monetary policy actions.
The Japanese banks are not having an easy time as they once had.
I want to say very clearly that the government… is ready to intervene in order to guarantee the stability of banks and the savings of our citizens.
One of the first things President Trump did to stimulate the economy was to remove harmful regulations that left our small banks, energy companies and other businesses treading water to stay afloat.
But like everyone else I’ve come to the sad realisation food banks are an all-too-common feature on the streets of Britain.
This nation is like a spring freshet; it overruns its banks and destroys all who are in its path.
RelayRides and WhipCar, AirBnB, Roomorama and One Fine Stay are all stellar examples of how new, access-based offers entice and provoke insurance companies and banks to re-think risk, value, customers and deal terms.
Banks are slowly but surely lending again, and never again will taxpayers foot the bill for Wall Street’s excesses. In case we forgot, that was the change we believed in. That was the change we fought for. That was the change President Obama delivered.
Remember 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.
My brother was an avid Stoke City fan and a good footballer. We shared a room, growing up, and the walls were covered with 1970s Stoke players, like Peter Shilton, Gordon Banks, and Jimmy Greenhoff.
We also cannot allow Wall Street banks to rewrite the Second Amendment just because they’re too big to fail.
I think public sector banks need to have greater private participation of people who have skin in the game.
Sasha Banks’s success has absolutely nothing to do with me.
Yes, I was inspired by Jack London and still love reading his books. Ernie Banks is another hero because I lived in Chicago for two years as a kid, and I loved that he was the Cubs’ loyal underdog and one of the first African-Americans to make that breakthrough.
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?
My father, Cecil Banks Mullis, and mother, formerly Bernice Alberta Barker, grew up in rural North Carolina in the foothills of the Blue Ridge Mountains. My dad’s family had a general store, which I never saw. My grandparents on his side had already died before I started noticing things.
‘Prop trading’ is just a fancy term for banks gambling in the market for their own profit.
What we used to have in Britain was professions, and then we had industry. Then at some point, maybe with Margaret Thatcher, we suddenly industrialised our professions. And now we have lawyers with products and banks with products, and lecturers and teachers with products.
The Great Bailout is mostly over for the banks. But for those troubled behemoths of the nation’s housing bust, Fannie Mae and Freddie Mac, the lifeline from Washington just keeps getting longer.
As consumers in general, and with Millennials in particular, we’re getting used to everything being cheaper, faster, better – and banks aren’t keeping up.
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.
I had my very first match against NXT Women’s Champion Sasha Banks three weeks after I signed. I’m quite proud of that, but I can’t explain how nervous I was.
My fantasy is to break up the big banks. I wish we would end ‘too big to fail’ in our banking system.
I had some great role models along the way. My on-field heroes were the great Ernie Banks, Billy Williams, and Willie Mays. I wanted to be like them on the field, and I am so damn proud to join them in the Hall of Fame.
When they told me there would be a statue erected at Wrigley Field, I was happy with that. I know there will be a meeting place for a lot of people. There will be a conversation every day. They say now, ‘I’ll meet you at Ernie Banks’ statue.’ After Sept. 7, they’ll say, ‘I’ll meet you by Billy Williams’ statue.’
I think that many central banks and financial authorities understand that any long term attempt to compete through an artificial depreciation of their currency will not be very effective in the long term.
We need the banks to be attractive to investors again.
The onus should be on the banks and their compliance officers to ensure the analysts are kept separate from investment banking and they should be punished for breaches.
Loss-absorbing capacity among banks is substantially higher as a result of both regulatory requirements and stress testing exercises.
One of the things that the public sector banks need to do is to raise private capital from the market and not rely on government largesse.
What’s really happening is that every bank in the country is experimenting with the blockchain and experimenting with bitcoin to figure out where the value is. For the first time ever, they’re working hand in hand with startups. Banks are asking startups for help to build products.
Banks introduced the installment plan. The disappearance of cash and the coming of the credit card changed the shape of life in the United States.
Even for the people in the bank into which the other banks are merging, they also have a lot of apprehension. There is always an apprehension that opportunities will go down. There are apprehensions of displacement. Many of these apprehensions are unfounded.
Between the Community Redevelopment Act, requiring banks to make what I would call very weak loans, and specific quotas that the Congress imposed on Fannie Mae and Freddie Mac, that created the market demand that really led to the subprime phenomenon.
To enable large U.S. banks to support their clients better, the Volcker rule should be clarified.
You can’t merge six banks and think that nothing will happen.
International money transfer is a massive consumer rip-off. Banks and companies like Western Union have gotten away with it for too long.
Can’t make your payments? No problem. The interest charges keep on coming. In fact, banks prefer it that way. More money for them. The government guarantees it.
It felt like the first thing, but when I first started out, I got a job adapting a book by Russell Banks called ‘Rule Of The Bone.’ I didn’t do a very good job. I didn’t really know what I was doing in general, let alone how to adapt a book.
Fractional reserve banks are sitting ducks and are always subject to contraction. When the banks’ state of inherent bankruptcy is discovered, for example, people will tend to cash in their deposits, and the contractionary, deflationary pressure could be severe.
The big issue is how much money can the government infuse for the capitalisation of the banks when we have quite a few private banks doing well. Does the government of India really require this number of public sector banks?
Nationalization would likely mean wiping out the big banks’ managements and shareholders. It’s because that reckoning has mostly been avoided so far that those bankers may be the Americans in the greatest denial of all.
My politics are food-related – food banks, the living wage, zero hour contracts – and my food is political.
It is a well known urban myth that the French don’t trust banks and store their money under their mattress. It’s not that they are tight with money – they just don’t trust anyone.
Food banks have become such a powerful symbol in part because they’re inescapable.
Payments banks can also act as business correspondents of other banks.
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.
Over 17 years, I took on banks, landlords, real estate firms, local governments, anybody who treated anybody unfairly.
I support the Volcker rule, but there needs to be proper definitions around the Volcker rule so that banks can understand exactly what they can do and what they can’t do, and that they can provide the necessary function of liquidity in customer markets.
The Congress has historically played covert communal politics in order to create what in India we call vote banks where you pit one community against another and so on in order to secure votes.
For the lakhs living along its banks, the Aghanashini has given people life and livelihoods.
It seems to me that a market exchange rate which is not artificially controlled by central banks enables one to balance the interests of different market players – exporters and importers, investors, borrowers, lenders.
As a Swiss-Italian who has always worked for foreign banks, there was clearly an element of pride going back to my roots and working for the biggest bank in my country.
Let’s be honest: It wasn’t just the banks who messed up. There were a lot of people who tried to buy assets they couldn’t afford. That’s a reality.
Mediobanca is undervalued but less undervalued than other banks.
When we see the banks get bailed out with seemingly no consequences while ordinary people pay the price with job and wage cuts through austerity measures, who could blame a person for wondering where the loyalties of their elected leaders really lie?
When financial sectors are small and capital is mobile, floating exchange rates spell massive currency volatility. When a lot of foreign capital flows in, a freely floating exchange rate rises sharply, wreaking havoc for domestic banks and exporters alike.
A bank-issued digital asset can only really efficiently settle between the banks who issued it. I strongly believe banks need an independent digital asset to enable truly efficient settlement, and we believe XRP is best positioned for that role.
Banks properly established and conducted are highly useful to the business of the country, and will doubtless continue to exist in the States so long as they conform to their laws and are found to be safe and beneficial.
The ECB puts out money that is meant to help our banks, but they do not use it to finance our businesses, but they give it to them to buy back their debt, to help French and German banks.
Central banks don’t have divine wisdom. They try to do the best analysis they can and must be prepared to stand or fall by the quality of that analysis.
In the late 19th century there was a major union organization, Knights of Labor, and also a radical populist movement based on farmers. It’s hard to believe, but it was based in Texas, and it was quite radical. They wanted their own banks, their own cooperatives, their own control over sales and commerce.
Where are the jobs going to come from? Small business, manufacturing and clean energy. Where’s the money to finance them? The banks and the corporations in America today have lots of money that they can invest right now.
Starting in the wake of the 2008 GFC (Global Financial Crisis), market observers have warned of a crash in the bond market. Initially, it was believed that the trillions printed to bail out the banks would cause inflation and, therefore, a flight from bonds.
I’m very disappointed in Obama. I was very much in support of him in the beginning, but I cannot support war. I cannot support droning. I cannot support capitulating to the banks.
On the taxing of banks, we have to find the level at which they squeal but still pay and open up the next day.
A power has risen up in the government greater than the people themselves, consisting of many and various and powerful interests, combined into one mass, and held together by the cohesive power of the vast surplus in the banks.
Big banks, highly leveraged casinos, do whatever they can to keep the cost of their gambling as cheap as possible. This means keeping interest rates as cheap as possible.
The RBI is interacting with the banks every day.
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.
Well, I like regulation as little as anybody else. It can be intrusive. It can be detailed. It can be bureaucratic. It can be unevenly administered. It can be unfair. But most regulations that we have for mutual funds and for banks are regulations that we earned. We did something wrong and we’re paying a price for it.
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.
Much as banks don’t care where your money’s coming from, the Electoral College is all ‘don’t ask, don’t care’ when it comes to votes.
Bonnie and Clyde grew up in absolute poverty. They didn’t go to school or have any money; the only way they could figure out how to get ahead was to steal. The banks were foreclosing on everyone’s homes. I think a lot of people will be able to relate to that struggle.
I think that, in addition of the intersection of media and technology, there has also been an intersection between technology and finance, which is something I find a little closer to home, seeing as I spend so much time covering Wall Street banks.
A 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.
I don’t think I have one particular favourite writer. I have many whose works I will always buy or reread – Muriel Spark, Anthony Powell, Robert Louis Stevenson, Ruth Rendell, James Ellroy, William McIlvanney, Kate Atkinson, John Burnside, Louise Welsh, Iain Banks.
A few years ago I was participating in a comedic ‘Inner Beauty Pageant’ and I had to figure out a talent very last-minute. I always loved Tyra Banks’s ‘We were all rooting for you!’ moment, and so I decided to lip-sync live to the six-minute entirety of it as my talent.
I rescue families who are losing their homes because they have no jobs and they can’t pay the mortgage and the banks are foreclosing on their homes.
I love the way Tyra Banks dresses up – she looks so elegant and glamorous in whatever she wears. The confidence and attitude she exudes on and off the ramp is remarkable.
When I was at my lowest point I had a lot of help from charities, food banks, to see me through so it is nice to start to give something back.
My favorite form of transportation is walking. I live in a neighborhood where you can walk to restaurants, banks, and shops.
Banks were already seen as greedy and arrogant. They have now reached the depths of humiliation in the wake of the LIBOR manipulation, PPI mis-selling, and bank swaps mis-selling.
Citigroup, Bank of America, and JP Morgan Chase should not be permitted to charge consumers 25- to 30-percent interest on their credit cards, especially while these banks received over $4 trillion in loans from the Federal Reserve.
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.
Having contemplated this admirable grove, I proceeded towards the shrubberies on the banks of the river, and though it was now late in December, the aromatic groves appeared in full bloom.
Swipe fees have increased steadily since the introduction of debit cards 20 years ago, when there were no swipe fees at all. Merchants can’t negotiate or control them. They’ve tried, but they have no leverage against the big banks and issuers. So they get ignored.
Each day of our lives we make deposits in the memory banks of our children.
On private transactions, I’ll just go very quickly now, a major difference between the United States and Euroland is that in Europe banks are much more important in financial transactions than in the United States.
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.
Agriculture is not crop production as popular belief holds – it’s the production of food and fiber from the world’s land and waters. Without agriculture it is not possible to have a city, stock market, banks, university, church or army. Agriculture is the foundation of civilization and any stable economy.
Banks and investors don’t usually view a high-ranking executive in the company selling off massive amounts of stock as a good thing.
From September 1914 to August 1918, four major battles were fought along the banks of the River Somme in the region of Picardy, France. These included the 1916 Battle of the Somme, intended to drive the Germans out of France.
Fish banks are areas we set aside without fishing, reserves where we allow marine life to come back.
Credit card companies and banks usually aren’t shy when they’re trying to sell you something. Heck, Wells Fargo didn’t even bother to ask consumers before signing them up for as many as two million checking and credit card accounts.
When I worked with M.I.A., who was, like, the coolest person back then, she was just a girl I met on the Internet. Or even when I met Azealia Banks on Myspace, I never thought, ‘Oh, she’s cool.’ I just loved what she was doing. So I’ve always been like that. And I think, as a producer, that’s what you’ve gotta do.
Wall Street banks have the right to express their views to lawmakers and regulators through lobbying, but the law is clear: If they want to influence lawmakers, they must disclose their lobbying expenditures.
One of the big problems we had during the financial crisis was the intermingling of banks and holding companies and complex securities.
International lending banks need to focus on areas where private investment doesn’t go, such as infrastructure projects, education and poverty relief.
Banks operate like a man who either wears his trousers round his chest, stifling breathing, as now, or round his ankles, exposing his assets. We want their trousers tied round their middle: steady lending growth; particularly to productive British business, especially small scale enterprise.
I’ve even become kind of well-known for taking on some bullies online. One of the most notable is the pop star Azealia Banks.
We need financial regulation that allows businesses and the banks they use to have access to the tools that help keep prices of consumer goods – like groceries and home heating oil – steady, while ensuring that the taxpayers are never again on the hook for the types of wild bets that helped crash the economy in 2008.
The swipe fee reform law that Congress enacted in 2010 was a huge step forward in bringing transparency, competition, and choice to a debit card system that had been rigged by Visa, MasterCard, and the banks.
Drive-in banks were established so most of the cars today could see their real owners.
Let’s not forget, what TARP did allowed us to move overnight and put capital into hundreds of banks, and that money came back plus $32 billion.
We need sobriety, rationality, and civility in the discussions on the regulation of financial institutions so that the banks can return in a robust manner to their central role in funding the economy.
Capping the size of American banks won’t eliminate the needs of big businesses; it will force them to turn to foreign banks that won’t face the same restrictions.
Why do I have an issue with banks? They have their greedy fingers in everyone’s money. No other industry has the power to deduct a bill or fees directly from your own bank account without so much as a notice.
The truth is that the banks that are really hurting under Dodd-Frank, really getting no relief, are the community banks.
I think what Ripple is doing is not just, ‘Hey, how do we enable banks’ – it’s a broader effort in how can you enable an Internet of Things and connected devices that are economic actors to pass a couple pennies.
I’ve always wanted to work with Elizabeth Banks. She’s so talented and funny, and she’s become this force of nature – directing, producing. Being around her is kind of inspiring.
We are the most British of Britain’s banks. This always gets a chuckle; I don’t why.
Operational risk is the risk of loss resulting from bank operational failures, such as rogue traders, fraudulent sales practices, and cyber risks. Operational risk capital is money or assets that banks have to hold to shield the economy from the consequences of these kinds of failures.
Anyone born after 1985 has grown up during the post-liberalisation honeymoon, when a rash of new banks, phone companies, airlines, care and durable goods manufacturers were wooing them or their parents for business.
The wealthy have installed their slaves in the highest spheres of the state. The banks are privately owned. They are concerned solely with profits. They have no interest in the common good.
Institutions develop because people put a lot of trust in them, they meet real needs, they represent important aspirations, whether it’s monasteries, media, or banks, people begin by trusting these institutions, and gradually the suspicion develops that actually they’re working for themselves, not for the community.
In January 1961, the United States severed diplomatic relations in response to Cuban nationalisation of U.S.-owned sugar plantations, banks and businesses.
We like to joke that India has sick companies but rich promoters. Yet, even after the bad loans and non-payment of dues have turned at least three banks sick, there is no public demand for investigation, accountability and punishment.
There are so many girls that are really talented like Sasha Banks and Bayley. I have been lucky enough to work with many generations of girls, so every time you see someone really talented you get that urge to make some magic with that girl.
What is very negative is that in every country in Europe, the largest owner of that country’s sovereign bonds are that country’s banks.
IBM, Microsoft, the profit they made was larger than the top four banks in China put together… But where did the money go?
It’s hard to tell which assets will be toxic. The best way to ensure that only shareholders and banks feel it is have adequate capital.
It is true that food banks are a sign that the British retain their altruistic instincts. I support my local food banks whenever and however I can. But I am deeply concerned about their normalisation.
If banks anticipate government will come to the rescue should the credit market go badly awry, they may make loans that would otherwise be imprudent, e.g. subprime loans with little prospect of repayment.
When we are asked to bail out corporations and banks, or pass tax bills that shift billions in public dollars out of government, we must ask ourselves, who were we truly sent here to advocate for?
‘The Big Short’ is, among other things, a blistering, detailed indictment of the way Wall Street does business, and its particular villains are the investment banks.
Most people who rely on food banks are there through no fault of their own.
In the 1970s we saw a massive shift of household savings from the banks to the brokerage firms.
Banks can send big corporate payments through existing channels or send a small payment through Ripple. They don’t have to rip out existing infrastructure; they can use Ripple to make the transactions more profitable or more efficient.
My father instilled in me an attitude that you couldn’t really enjoy yourself unless you had done something to deserve it. So, my childhood was spent working on farms or local shops or, when I got older, in banks.
The banks are not lending, at least from what I see. They were so wild and reckless back in the good times that they got burned terribly.
The people of Kentucky have had enough. They have had enough of bailouts for Wall Street banks.
Nationalizing businesses, nationalizing banks, is not a solution for the democratic party, it’s the objective.
If your only arbiter of anything is money, really you should… go and rob banks.
When a bank calls in a loan, it obviously hurts the customer in question. But it also adversely affects other banks that have lent to this borrower. They are now less likely to be repaid and so can’t as readily lend to their own customers.
Fannie Mae and Freddie Mac buy mortgages from banks and other lenders, providing those financial institutions with capital to make new loans.
Banks provide payment systems, core deposit and lending facilities that enable us to manage our day to day affairs.
Nobody wants to have in their CV in the upper echelons of the American economic family that they nationalised major banks.
We have to make sure that the banks pay every nickel of loan losses that they create, but we don’t want to hold them responsible for withdrawals if we want the economy to recover.
The white spruce forest along the banks is most inspiring, magnificent here. Down the terraced slopes and right to the water’s edge on the alluvial soil it stands in ranks.
If you ask me, over time, I am a believer in the Indian financial saving story getting stronger; a lot more savers are moving money away from gold and real estate into banks, mutual funds, insurance and equities.
We have not argued in either Brazil or Argentina that the IMF should step in to protect the banks.
Dodd-Frank has disproportionately burdened community banks, despite their having no role in the financial crisis.
The government, of course, will print money to bail out the banks’ uncovered casino bets, but not to bail out the elderly from the theft of their funds.
I am an intelligent river which has reflected successively all the banks before which it has flowed by meditating only on the images offered by those changing shores.
On privacy issues, it’s just like hundreds of years ago when people said, ‘I would rather put my money under my pillow than in a bank.’ But today, banks know how to protect money much better than you do. Today, we may not have the answers to privacy issues, but I believe our young people will come up with the solutions.
I wish I could rap! I wish I could rap like Azealia Banks or Lil Wayne or someone like that… Twista. He’s super fast.
I wake up every morning happy for where I am in life. It’s not all about the cooking, but the fact that I can contribute by using my influence to help people all over the country. In the last two years, my partners and I have fed more than 10 million hungry people by bringing meat to food banks.
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?
I don’t think the government needs to be frightened of the banks in the slightest.
Wall Street, the banks, and corporate America, has been able to call the shots here. They control our members of Congress and they get what they want.
I remember Tyra Banks giving me encouraging advice during my first Victoria’s Secret commercial shoot. I was so nervous, and she told me to just relax and be confident – that made me feel very comfortable.
The most famous and one of the most thoroughgoing opponents of bank credit was Thomas Jefferson. Jefferson reacted to the panic of 1819 as a confirmation of his pessimistic views on banks.
Obama had to save the banks, sure, but he didn’t have to save the bankers and the shareholders and the bondholders. We broke the rules of capitalism in order to save those at the top – as we always do.
My obligation is to the owners of Barclays, my shareholders. They hired me. People who criticise compensation for individuals in isolation at, say, BarCap, individuals who don’t work in the U.K. and are competing with U.S., German or Asian banks, they should look at all these factors.
Most banks tell their customers that they only pay a small upfront fee for international payments. But in reality, customers pay much more.
Bind up thy words that they run not riot, and grow wanton, and gather up sins for themselves in too much talking. Let them be rather confined, and held back within their own banks. An overflowing river quickly gathers mud.
Investment banks started recruiting at Harvard back in the day, and they’d fly me down to New York City and I was so poor so I would take advantage of the free flight, the per diem, the hotel. And then I would go audition for stuff.
But if you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and control credit.
I mean, Dodd-Frank is strangling small community banks. It doesn’t make any difference what the interest rate is. They’re not – they’re not going to loan the money because they can’t make any money for one thing plus the cost of compliance.
Deflation can be particularly dangerous when a financial system is shaky, with household and corporate balance sheets in poor shape and banks undercapitalized and heavily burdened with bad loans.
Nobody is going to invest in the Italian banks unless they trust their balance sheets.
One way to ease liquidity for banks is that the government can buy all highly rated securities held by the banks. Every single bank in the U.A.E. has some sovereign debts in their portfolios. I am not asking them to buy any junk bonds, rather the high quality U.A.E. government debt.
We have to put an end to the culture of selfishness and corruption that allows greedy Wall Street banks and executives to rip off working people without any consequences.
And $18 million in three Japanese banks, completely false. That I have two factories in Panama, also completely false. This is part of the counter campaign of some people.
If anything, the bailouts actually hindered lending, as banks became more like house pets that grow fat and lazy on two guaranteed meals a day than wild animals that have to go out into the jungle and hunt for opportunities in order to eat.
The financial system has to be regulated, we have to end with the tax havens, and 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.
I was Chairman of the Federal Reserve Bank of Kansas City. As you know, there are twelve banks and they have their citizens board, and I got elected to the Fed Chairmanship for the Federal Reserve Kansas City Bank back in the mid-’90s. It might have been 1995-’96.
There’s no doubt that decisions made by the leading central banks do affect the global financial markets and, consequently, our situation.
No one lives on credit in France because banks don’t allow overdrafts and zero percent credit cards do not exist.
Yes, some banks will only float good companies. But others could not give two hoots if you have a business, a business plan or any business experience.
Such great goalkeepers have played in England over the years – the likes of Gordon Banks, Peter Shilton, and Bert Trautmann.
Mrs. Clinton is the embodiment of a corrupt establishment owned by special interests, having personally enriched herself by giving closed-door speeches to Wall Street firms and the big banks.
After getting driven into the ground by the policies of the Bush administration, the economy is creeping up. It’s doing that because people are sticking their shoulders to the wheel. Community banks are doing a lot of lending to small businesses and keeping them going.
The process by which banks create money is so simple that the mind is repelled.
Blackstone is a major client of many of the largest banks around the world.
New Yorkers have been fortunate to have Andrew Cuomo as our Attorney General – protecting working New Yorkers against the banks, insurance companies and big corporations.
When you’re given an ‘SI’ cover, and you take advantage of it, you can conquer the world. Look at Chrissy Teigen. Look at Tyra Banks. Look at Kathy Ireland.
The financial crisis of 2008 was not caused by investment banks betting against the housing market in 2007. It was caused by the fact that too few investors – including all of the big investment banks – bet too heavily on the housing market in the years before 2007.
The economy may be complex, but Americans understand that the Wall Street banks control an outsized portion of the economy and that they have an outsized interest in their own profits.
The whole banking sector in Mexico was literally bankrupt. For whatever reason, instead of intervening in the sector or supporting the banks, the government expropriated them. We went through the very laborious period of selling the failing banks to the wealthy people of Mexico.
Sasha Banks. She has it all; she has everything. Her mind works like no other, and her heart is undeniable.
In addition to their risky investments, the big banks have a history of breaking the law whenever it suits their purpose, which is to make more money.
Country banks are more flexible in their lending policies than their city brethren are.
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.
A bank needs models to measure risk. The problem, however, is that any one bank can measure its risk, but it also has to know what the risk taken by other banks in the system happens to be at any particular moment.
We had to recreate the banks of the river Yamuna on a studio floor. It wasn’t easy… or cheap.
If you think too-big-to-fail banks are not worthy of investment because of their impossible-to-read balance sheets, well then, don’t buy them.
Limits should be placed on how big big banks can become.
I’m not really worried about England’s banks.
We have a producer who is incredibly supportive and ‘wants’ us to have babies, if that is our choice, so that is all due to our show’s producer, Imogen Banks. I don’t really feel like I have lot of challenges as a female actor in that kind of way.
I donate heavily to the church and various churches in the Detroit community and food banks.
I’m friends with Elizabeth Banks – she’s a great actress but not actressy at all. She’s very cool. I adore her.
When Occupy Wall Street happened, I took my money out of Citibank. I already had problems with all the banks – Citibank, Bank of America – but I was kind of just too lazy to take my money out until I saw how Citibank responded to Occupy Wall Street.
As a consumer, I’m definitely waiting for what’s going to come after banks.
We shouldn’t be profiting from our students who are drowning in debt while giving a great deal to the banks. That’s just wrong.
I feel like anytime I can get into the ring with someone like Sasha Banks, I can learn so much.
Earnings don’t move the overall market; it’s the Federal Reserve Board… focus on the central banks, and focus on the movement of liquidity… most people in the market are looking for earnings and conventional measures. It’s liquidity that moves markets.
I do believe that banks are special – they are very leveraged institutions by nature; therefore, it’s even more critical to ensure that the governance and the process of running a banking company are well-organised, managed and regulated.
For highly indebted governments, low interest rates are critical to keep debt levels sustainable and ease pressure to restructure debt and recapitalize banks. The shift to a high sovereign-debt-yield equilibrium would make it impossible to achieve fiscal balance.
Separating out banks and investment banks right now under Glass-Steagall would have very big implications to the liquidity and the capital markets and banks being able to perform necessary lending.
Azealia Banks – love what she’s doing.
We really need a public-interest government that is not taking marching orders from the fossil-fuel industry and the banks and the war profiteers. We really need a government that is acting on our behalf.
I write cheap recipes for struggling families and single people, and have donated 800 copies of my newest cookery book to food banks and other good causes.
It’s hard to punish and save the banks at the same time.
Disney had made such a great deal of money on Snow White that the banks gave him the go-ahead on the next three films. But he was heavily dependent on the foreign market.
What happens at the Fed, what Janet Yellen and the other people decide there, what happens in central banks in other parts of the world is very important. This can make the difference between a high unemployment rate, a slow recovery or a more rapid recovery.
The scope of activities for payments banks mainly includes acceptance of demand deposits, issuance of ATM/debit cards, payment and remittance services, and distribution of third-party products.
The U.S. must differentiate between controversial assertions of power, like those in the South China Sea, and fair reflections of China’s growing contribution to the world, such as the new banks.
Since JPMorgan Chase announced its surprise $2 billion-and-growing trading loss, there have been renewed calls from economists, pundits, and politicians to reinstate the Glass-Steagall Act, a Depression-era law that prevented commercial banks from participating in investment banking activities.
My younger brother was a big Stoke fan, and I was sucked into it. I was kind of waking up every morning and looking at Gordon Banks’ face! We had all these small football cards – literally hundreds of them – and swapping them was the currency back then.
Banks will fee you to death. If you bounce a check, the bank has a policy to re-post the check three more times to see if it will be paid. If it continues to bounce they charge a $30 overdraft every time. So, one bounced check will rack up $90 for the bank.
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.
The trade of banks is the buying and selling of interest and exchange.
In several sections, both natural in the banks of the Mississippi and its numerous arms, and where artificial canals had been cut, I observed erect stumps of trees, with their roots attached, buried in strata at different heights, one over the other.
I am pleased to be part of Promontory’s steady efforts to assist banks and other financial firms in meeting legal and regulatory obligations and challenges.
The U.S. economy will tank if either China withdraws its money from the U.S. Banks, or Saudi Arabia stops depositing its oil money in U.S. bonds, or even if the oil trade goes off the dollar.
Banks hold deposits and savings entrusted to them by individuals, by businesses, by governments and by central banks. They put that money to work, helping people to buy homes, for example, or lending to businesses to invest in expansion.
The reason I grew so fast in the supermarket business, without help of the banks in those days, was through my vendors. I convinced my vendors, the companies I was doing business with, if I did more business, they would do more business.
I believe that the federal government, like a raging river, has expanded upon the barriers and the boundaries of its banks, and unfortunately, it is flooding all of America with its encroachment.
Traditional consumer finance has been unfair for decades. Banks have had a monopoly on financial services and have been able to overcharge and underserve consumers.
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?
I don’t know about Mario Balotelli saying, ‘Why always me?’ – England should be saying as a nation, ‘Why always us?’ You can go back to 1970, when Gordon Banks got food poisoning and we lost to West Germany. Then there was 1986 and Maradona’s hand. And last time, Frank Lampard not getting his goal against the Germans.
Women didn’t go to school when they were young because parents preferred to send their brothers. The women couldn’t access loans in their own right because the banks sought the approval of a male dependent.
Logically, it may be argued that banks could indeed lower interest rates and make up their profits through larger borrowing volumes. But banks, in turn, could justify exorbitant rates by arguing that they cater to a riskier segment.
What bitcoin does better than the current financial system is it’s a better stored value globally. There are a lot of countries that really don’t trust their banks or their currency, and bitcoin is an alternative.
In the economy of the cuckoo people that populate central banks, everything is possible. What you have is gigantic bubbles, the NASDAQ in 2000, then the housing bubble and then commodities in 2008 when oil went from $78 to $147 before plunging to $32 within six months.
When you contribute to food banks or give money that goes to having meals delivered, you’re meeting the most basic need. It’s such a direct way to help.
On banks, I make no apology for attacking spivs and gamblers who did more harm to the British economy than Bob Crow could achieve in his wildest Trotskyite fantasies, while paying themselves outrageous bonuses underwritten by the taxpayer. There is much public anger about banks and it is well deserved.
The world’s central banks and the International Monetary Fund still have vaults full of bullion, even though currencies are no longer backed by gold. Governments hold on to it as a kind of magic symbol, a way of reassuring people that their money is real.
People with banking experience haven’t all flocked to the biggest banks; community banks and regional banks, along with smaller trading houses and credit unions, have some very talented people.
Big banks have long had private equity divisions that put up capital for deals too complex or risky for individual shareholders to finance.
We used to build our cities and towns around churches. Now banks are at the centers of our densely populated areas.
The real problem at the moment is that the banks – because of their existing culture, which is frankly anti-business, obsession with short-term trading profits, not focusing on the long term – are throttling the recovery of British industry.
A lot of financial technology is foolhardy. Saying, ‘We’re going to kill banks. We’re going to disrupt everything,’ ignores some realities.
We protect our banks, hospitals and airports with armed personnel; surely, we can do more to protect schools, which teach our nation’s most valuable resource.
I have never believed that central banks should have rigid inflation targeting. That is not a good thing to stabilize. There is nothing in economic theory to back this.
It is sad that the more ‘successful’ a neighborhood becomes, the more it gradually takes on a recognizable, common look, as the same banks, drugstore chains and national brands move in.
There is close to zero trust in institutions in Afghanistan. The mobile carriers have more trust than the banks.
Every regulatory speech on derivatives takes a bow to their hedging ‘benefits.’ Less publicly, regulators pay their respects to derivative profits, a blessed relief from the banks’ troubled loans to less-developed countries, highly leveraged companies, and real estate swingers.
Democrats fought to get health insurance for more Americans. Democrats fought for a strong consumer agency so big banks can’t cheat people. We fought, we won, and we improved the lives of millions of people – thank you, President Obama!
Small businesses have suffered under the demands of Obamacare and community banks have scaled back lending due to stringent provisions of Dodd-Frank financial regulation.
The subprime disaster was a result of financial bombs – derivatives – exploding in financial institutions such as AIG and Lehman Brothers, as well as banks and financial institutions throughout the world.
On the banks of the Nile, the Rosetta branch, I lived an enjoyable childhood in the City of Disuq, which is the home of the famous mosque, Sidi Ibrahim.
Even before the expansion of slave labor in the South and into the West, slavery was already an important source of northern profit, as was the already exploding slave trade in the Caribbean and South America. Banks capitalized the slave trade, and insurance companies underwrote it.
When I started the business, only banks operated at airports, only banks issued travellers’ cheques, only banks issued international payments, only banks serviced their own branch networks.
I don’t think central banks are going to give up fiat currency anytime in my lifetime.
Is there any reason why the American people should be taxed to guarantee the debts of banks, any more than they should be taxed to guarantee the debts of other institutions, including merchants, the industries, and the mills of the country?
Banks will have to win the confidence of their customers through fair dealing, making good loans, and remaining financially healthy.
I’m much more confident with crypto than with banks or fiat currency because I can actually control it, and the money supply is transparent, stated up front. It makes online shopping a lot easier and a lot safer.
Should we think about separating the investment banks from the commercial banks, a new Glass-Steagall? I would be really excited to see that. I think it would be great for the economy.
I have no interest in bailing out anybody, quite frankly, and I think banks have to suffer every dollar of loss if they make a bad loan.
There remains a degree of anti-black intellectualism in entertainment. Middle and upper-middle class blacks have often been portrayed as buffoons in popular culture; witness the characters of Carlton Banks on ‘The Fresh Prince of Bel-Air’ and Braxton P. Hartnabrig on ‘The Jamie Foxx Show.’
Narrow banks could restart effective intermediation and ensure that consumers and employment-creating small and medium-size enterprises are adequately financed and can contribute to the reactivation of the economy.
The rivers of America will run with blood filled to their banks before we will submit to them taking the Bible out of our schools.
I’m Australian, so I love the stores near Crowne Plaza Melbourne, on the banks of the Yarra River.
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.
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.
The FBI has long been a part of the security for the nation’s banks because bank robberies have been a priority.
The Federal Reserve, like other central banks, wields powerful tools; democratic accountability requires that the public be able to see how and for what purposes those tools are being used.
I am pretty sure central banks will continue to print money, and the standards of living for people in the western world, not just in America, will continue to decline because the cost of living increases will exceed income. The cost of living will also go up because all kinds of taxes will increase.
Limiting the destructive risk-taking by large financial firms and banks which are ‘too big to fail’ is needed.
The Huashan project is a clear example of how an urban element, key to the successful growth of the city, can at the same time improve the quality of life for its citizens, thanks to an integration of all three bridges and the creation of boulevards on the banks of the canal.
Commercial banks – that is, fractional reserve banks – create money out of thin air. Essentially, they do it in the same way as counterfeiters.
My colleagues on the Board of Governors and I understand the value of having a diverse financial system that includes a large and vibrant contingent of community banks.
You have to remember: what are incomes to banks are outgoes to families.
As a young man, I lived through the Great Depression, when banks failed and so many lost their jobs and homes and went hungry. I was fortunate to have a job at a canning factory that paid 25 cents an hour.
We have been concentrating on the banks, business and our bellies. We have neglected the spiritual and cultural. It was because Rome and Athens neglected these things that they fell.
While the traditional banks and credit card companies lock down access to their payments infrastructure to a handful of trusted parties, Bitcoin is open to all.
Because of the failure of the federal government to enforce federal law, we now have ‘banks too big to fail,’ unregulated Internet monopoly, and the evisceration of a dispersed and independent media.
If you punish the banks, all you are doing is reducing the banks’ capital, which you want to increase, and punishing shareholders, who have done nothing wrong.
Bitcoin has the potential to destroy credit cards and banks as we know it. Maybe that is a good thing or a bad thing, but I like the idea that if someone needs to remit payments, they can do it without being gouged.
Imagine how different those classrooms could be if hundreds of Nigeria’s most talented recent graduates and professionals channeled their energy not only into the country’s banks, but into making education in the country a force for transformation.
Let me talk about what the banks are doing, and I think the banks have been working to make sure that, as much as possible, we move the currency to the smaller areas and to as many set of customers as possible.
The problem with the focus on speculators, as was demonstrated during the financial crisis, is that it tends to divert attention from the real villains. During the financial crisis, the villains were the actions of the banks, not the speculators betting on bank share prices.
Poverty is on the increase – due to welfare cuts – and demand for food banks has rocketed.
Supplements are popular. They’re good. They’re a fast-growing market. I use it to fund the operation. Other revolutionaries rob banks and kidnap people, O.K.? I don’t do that.
Tree roots hold river banks together and stop the wind blowing soil away, there are many creatures that live in woods and they provide a sense of well-being and look nice.
What if people could use the Internet to create a new kind of money, one that didn’t involve governments and central banks and could be used anonymously, like cash?
I think there’s a disconnect between political leaders and young voters around a lot of things related to the private sector. For example, a lot of politicians continue to attack big banks. While I’m not a defender of big banks, my sense is younger voters have had generally pretty good experiences with banks.
Every Republican’s voted for it. Look at what they value and look at their budget and what they’re proposing. Romney wants to let the – he said in the first 100 days he’s going to let the big banks once again write their own rules – unchain Wall Street. They’re gonna put y’all back in chains.
In the United States, the government is bailing out banks, intervening in the economy, yet in Latin America, the Right continues to talk about ‘free markets.’ It’s totally outdated; they don’t have arguments; they don’t have any sense.
The threshold question: Will banks continue to exist? The answer is yes, because society will still need the two essential functions they provide: mobilization of capital from providers to users, and facilitation of payments for goods and services.
The banks have accounts with the Fed, much the same way that you have an account in a commercial bank.
Banks are an almost irresistible attraction for that element of our society which seeks unearned money.
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?
We in Nigeria have seen just how difficult it is to get back stolen assets from the international financial system, such as banks that ought not have received those funds in the first place if even the most routine questions were asked.
Part of me goes back to being 8 years old and going on the train 45 minutes to wait at a bank to get Ernie Banks’ autograph. Or when I was a ball boy, becoming best buddies with some of the undrafted or late-drafted guys, them becoming like our big brothers, and then the pain of cut day and watching them get cut.
Ripple is redefining the way that value moves around the world, and today we’re already enabling real-time, affordable international settlement between banks who have adopted our solutions.
As many have pointed out, it is not clear that we need so many public sector banks. The system could be better off if they are consolidated into fewer but healthier banks.
I’d like to sit down with Hillary Clinton onstage and ask her about Glass Steagall and all the big banks and her own campaign contributions.
Food banks have told us of the increasing donations of, and demand for, tampons and pads which are gratefully received by women struggling to afford them.
When you have steady inflows and global central banks hell-bent on stoking credit activity and inflation, money will flow into the most attractive areas.
The Federal Reserve system obviously doesn’t work anymore – they keep lowering the federal discount rate, and all that happens is that the banks are making a fortune, and the old folks’ CDs are getting chewed up.
And I think the more money you put in people’s hands, the more they will spend. And if they don’t spend it, they invest it. And investing it is another way of creating jobs. It puts money into mutual funds or other kinds of banks that can go out and make loans, and we need to do that.
There are downsides to implicitly trusting banks, as the 2008 financial crisis showed.
I had to create a team of people who had worked in this industry for other banks. What I brought to that team was ICICI’s strategic thinking, but when it came to domain knowledge or product nuances, I had to learn from the team.
I want a one-on-one match with Sasha Banks. A Fatal Four-Way with Sasha, Becky Lynch, and Charlotte would also be great some day at a WrestleMania.
After Dodd-Frank, the big banks were bigger. The small banks are fewer.
Every business has to re-think their own business model and say does it meet this DSM test and do their products and services meet the test of being digital, social, and mobile? I think the banks are doing the same.
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.
In Africa, those who have money – businessmen and banks – do not believe in film.
Yes, women should be free to cover their faces when walking down the street. But in our schools, hospitals, airports, banks and civil institutions, it is not unreasonable – nor contrary to the teachings of Islam – to expect women to show the one thing that allows the rest of us to identify them… namely, their face.
There are lots of different people who use food banks – from young parents to older people.
Below-target inflation increases the real value of debts owed by households and businesses and reduces the ability of central banks to respond to downturns.
The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks.
Talking about Korea, it has pretty high capital ratios at banks and maintains a good credit rating.
I think that if you’re going after large banks and large financial companies to try to make sure people are being treated fairly, you’re going to make some enemies, and you’re going to make people uncomfortable.
The government shouldn’t step in at the first stage and create land banks. Industry should buy the land as much as they can, and if they get stuck, then the government should step in.
People that’s in power – the central banks, these fiat currencies that are traded globally – they got influence over the messaging and the narrative in the media.
A neoliberal disaster is one who generates a mass incarceration regime, who deregulates banks and markets, who promotes chaos of regime change in Libya, supports military coups in Honduras, undermines some of the magnificent efforts in Haiti of working people, and so forth.
The Congress and BJP both have refused to waive off farm loans from nationalised banks. I have shared that our party will do this if voted to power.
Sasha Banks is amazing.
I’ve lived to see key parts of my research absorbed in textbooks and in central banks around the world. And some finance ministries, too.
I read books more than I go out. As a matter of fact, I get a little concerned about some of my anti-social habits. I will choose a night with Somerset Maugham or Russell Banks over a crowded bar any day.
Businesses in my constituency want help to address the skills mismatch at local level which leaves employers with staff shortages and young people without jobs. They want access to reliable sources of finance, including a network of local banks.
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.
In many cases, the Treasury will get preferred or convertible preferred stock for the money it gives to banks. These shares typically don’t have voting rights, possibly to give more of a hands-off appearance to the government.
Under Bill Clinton’s HUD Secretary Andrew Cuomo, Community Reinvestment Act regulators gave banks higher ratings for home loans made in ‘credit-deprived’ areas. Banks were effectively rewarded for throwing out sound underwriting standards and writing loans to those who were at high risk of defaulting.
In the 1990s, the Democratic Party began to cozy up to their long-time enemies: Wall Street Bankers. They took their money and relaxed their regulations until the Great Recession forced the Democrats via Dodd-Frank to re-regulate the banks.
I’m like the Russian Tyra Banks.
Banks are really bad when it comes to building consumer-centred products.
Average working people need more fresh starts. Big corporations, banks, and Donald Trump need fewer.
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.
The thought for a long time was that banks needed to be too controlled, too regulated to be turned over to the Wild West of the Net. Then the credit meltdown hit, and we saw just how reckless these so-called safe and regulated institutions were.
Taxpayers have put more than $24 trillion on the line to resuscitate Wall Street after the economic meltdown of last year. With the help of this massive taxpayer support, the nation’s largest banks are posting record profits.
Not an old woman that buys a paper of pins, without yielding a part of the price to the banks as interest!
Instead of abandoning competition and giving banks protected monopolies once again, the public would be better served by making it easier to close banks when they get into trouble. Instead of making banking boring, let us make it a normal industry, susceptible to destruction in the face of creativity.
Banks need to think through their ethics very carefully, and many have done so. I don’t know any bank that dismisses the concept of ethical banking.
My family has spent 400 years farming on the banks of the Rio Grande. We know the value of hard work, love of the community, love for water and land.
The number one problem with Dodd-Frank is it’s way too complicated, and it cuts back lending, so we want to strip back parts of Dodd-Frank that prevent banks from lending, and that will be the number one priority on the regulatory side.
What people don’t realize is that China papered over its last two credit bubbles, those in 1999 and 2004. The banks were never bailed out – they just exchanged their bad loans for questionable bonds from quasi-state organizations.
Conspiracies do exist. Probably in this moment in New York there is an economic group making a conspiracy in order to buy three banks. But if they succeed, they are immediately discovered.
The Federal Reserve needs to provide small businesses in America with the same low-interest loans it gave to foreign banks.
Why do we have financial crises? Why do banks lose money? If history is any guide, it hasn’t often been the result of speculative bets. It has been the result of banks making loans to individuals and businesses who can’t pay them back.
I faced a number of challenges whilst I built Biocon. Initially, I had credibility challenges where I couldn’t get banks to fund me; I couldn’t recruit people to work for a woman boss. Even in the businesses where I had to procure raw materials, they didn’t want to deal with women.
With weak balance sheets, banks tend to continue lending unprofitable businesses and leave them existing.
Investment banks manage to go bankrupt through their investment-banking activities, commercial banks manage to go bankrupt through their commercial-banking activities.
For me, I’ve always told myself, ‘I can only do me in the ring.’ When I go out there and perform, I can only do what Sasha Banks can do.
The contents of the massive banks behind these successive revetments makes it quite clear that the material was derived from the incorporation of earlier occupation levels.
As American citizens, if you believe all banks were bailed out, you would hate banks. I would, too.
When the banks crashed the global economy in 2007-08, it was they who received a bailout while the rest of us got austerity.
The financial markets are rigged by the big banks, the Federal Reserve, and the Treasury in the interests of the profits of the few big banks and the dollar’s exchange value, which is the basis of U.S. power.
When giant companies wanted more tax loopholes, Washington got it done. When huge energy companies wanted to tear up our environment, Washington got it done. When enormous Wall Street banks wanted new regulatory loopholes, Washington got it done. No gridlock there!
In capital we trust. Capital is our savior, our holy grail, our fountain of youth, or at least health, for banks.
There is definitely a lot of banks that are interested in private blockchains. In some cases, they are happy with public blockchains as well. The opposition to just doing things on a public blockchain is definitely smaller than some of the strongest detractors think.
I have a really feminine voice, but I also feel quite powerful when I write. So my songs feel heavy, and that’s how Banks sounds. It’s a really short, powerful sound. It almost sounds masculine, and I like having that dichotomy.
The blockchain concept was pioneered within the context of crypto-currency Bitcoin, but engineers have imagined many other ways for distributed ledger technology to streamline the world. Stock exchanges and big banks, for example, are looking at blockchain-type systems as trading settlement platforms.
Before the arrival of the Credit Union, people who were from the poor background or a working class background couldn’t borrow from banks.
All the central banks are doing is substituting one form of debt with another form of debt. They’re issuing short term debt and using it to buy long term debt. In finance, we tend to think that’s a neutral activity, even though those stimulus programs are huge.
European and American banks are conservative in the sense that they don’t come at their full strength to markets where we are; that leaves us an opportunity to be successful.
The fact is I don’t even have one cent of savings abroad, don’t have accounts at foreign banks, don’t have deposits abroad and don’t even have any shares in foreign firms, much less hundreds of billions of dollars.
We need to think deeply about whether we can sustain banks that are not only too big to fail, but potentially too big to bail.
I fear debt. I don’t like being indebted to banks. I have a rule in life that I will get it when I can afford it.
Banks don’t come with an internal switch that says, ‘Enough! Let’s slow down a little.’ Or, ‘Let’s just share this wealth around for the benefit of the community now.’ That’s the job of government.
When the banks grow to or when these financial institutions grow to such a size that they can’t sustain themselves, or what have you, they have problems, economic problems, or financial problems, they shouldn’t be able to look back to you and I, the taxpayer, to be bailed out.
I think the market should reward banks that have been transparent in recognising their problems. I think the tendency of banks to hide the problem assets over a period of three or four years should not be allowed.
The Tigris is so fierce and rapid, and swallows its alluvial banks so greedily, that it is probable that some of the buildings described by the Hebrew traveller Benjamin of Tudela as existing in the twelfth century were long since carried away.
In America, we have subsidized private jets, big banks and hedge fund managers. Wouldn’t it make more sense to subsidize kids?
When President Obama entered the White House, the economy was in a free-fall. The auto industry: on its back. The banks: frozen up. More than three million Americans had already lost their jobs. And America’s bravest, our men and women in uniform, were fighting what would soon be the longest wars in our history.
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.
People have been scared off Bitcoin by the fact that you needed to put your money in an unregulated overseas platform that has been cut off by banks and scrutinized by the Fed. We are looking to remove the pain points and create a way to invest that is faster and more secure.
My dad did everything he could. It was a start-up, and the banks didn’t want to lend him enough money, so he mortgaged our house.
The more the data banks record about each one of us, the less we exist.
In 2006, the Congress had approved plans to allow the Fed, beginning in 2011, to pay interest on banks’ reserve balances. In the fall of 2008, the Congress moved up the effective date of this authority to October 2008.
Conservatives brayed that government should stay out of the private sector; liberals bleated for nationalizing the banks.
From the beginning of time, we’ve had financial crises. People always blame the banks and for good reason. When you look for the root causes, they’re almost always failed government policies.
I think India’s growth itself will give opportunities for Indian banks to become substantially bigger.
If Saudi Aramco is listed, then it must announce its statements, and it will do that every quarter. It will be under the supervision of all Saudi banks, all analysts, all Saudi thinkers. Even more, all international banks and research and planning centres in the world will monitor it intensively.
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.
It is my wish that my ashes may repose on the banks of the Seine, in the midst of the French people, whom I have loved so well.
Planes don’t fly, trains don’t run, banks don’t operate without much of what IBM does.
You will not see, in my career, the kind of returns this industry had in 2005 and 2006 for a very simple reason – the banks were undercapitalized, and returns are a function of earnings and capital.
The over-representation of Wall Street banks in senior government positions sends a bad message. It tells people that one – and only one – point of view will dominate economic policymaking.
I think a lot of Americans are not sure which side Washington is on: the side of banks or the side of the people.
I started writing ‘Cod’ at a time when people were first beginning to take an interest in the problem of fisheries because the Grand Banks had closed.
As we continue down the path of automation, virtually every city will have 24-hour convenience stores, 24-hour libraries, 24-hour banks, 24-hour churches, 24-hour schools, 24-hour movie theaters, 24-hour bars and restaurants, and even 24-hour shopping centers.
I always like Iain Banks science fiction stuff and William Gibson’s cyberpunk stuff from the 1980s.
North Carolina is home to some of the largest financial institutions in the country, and a vibrant network of community banks. We’re a banking state, and we’re proud of that distinction. But we also understand that responsible financial regulation protects consumers and businesses.
What the mortgage bubble was all about was big banks like Goldman Sachs taking big bundles of subprime mortgages that were lent out largely to low-income, highly risky borrowers, and applying this kind of magic-pixie-dust math to these bundles of securities and slapping AAA ratings on them.
Obama was elected on a slogan of hope and change because both were in short supply: the military exhausted by two wars, the banks failing their public trust, the U.S. Congress a comedy of dysfunction, and a federal government that seemed designed to idle on the sidelines.
We should ban banks from risk-taking because society is going to pay the price.
I come from a state with many sound, responsible banks.
The world is run by monsters and you have to deal with them. Some of them run countries, some of them run banks, some of them run news corporations.
Overpaying the banks for their toxic assets could contribute capital, but that may not be politically feasible or attractive.
If competition for Kaggle’s top talent becomes fierce enough among banks, insurance companies, hedge funds – we hope the world’s best data scientists will earn more than $50 million per year, just like the world’s best hedge fund managers.
