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.
