Lloyd Blankfein Quotes
Growth requires risk-taking. If you want to dampen risk and make sure you never have a problem, you do so, but that also will have an effect on growth. This is a decision that doesn't necessarily belong to financial institutions. It belongs to regulators and legislators who represent the body politic.
Quotes to Explore
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College is part of the American dream. It shouldn't be part of a financial nightmare for families.
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Trump doesn't force the networks to show his rallies live rather than do real reporting. Nor does he force anyone to accept his phone calls rather than demand that he do a face-to-face interview that would be a greater risk for him.
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Research suggests that large divisions of income and wealth weaken demand and generate economic imbalances that create instability and undermine growth.
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London is the financial capital of Europe, a great platform to America and Asia. I love the fact that in British culture you can be whoever you want, and people don't even look at you. I don't feel that in Paris or Milan.
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I held a conference in Harvard where Americans said they didn't believe in risk. They thought it was just European hysteria. Then the terrorist attacks happened and there was a complete conversion. Suddenly terrorism was the central risk.
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I just like to keep my money in the bank; I'm not a big risk-taker. I don't know anything about the stock market... I stay away from things I don't know anything about.
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You can measure opportunity with the same yardstick that measures the risk involved. They go together.
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America's peak years of indigenous innovation ran from the 1820s to the 1960s. There were a few financial panics and two depressions, to be sure. But in this period, a frenzy of creative activity, economic competition and rapid growth in national income provided widening economic inclusion, rising wages for all, and engaging careers for most.
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I can tell you that when you're counting every penny, knowing that you are a single bad decision away from bankruptcy, you inevitably lose focus on what really matters for your business.
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We are in a situation with the huge stimulus package that's going to be spent all across this nation and a big financial crisis and banking crisis. And what we need is good, trained journalists who can play the role of watchdog.
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The growth in ethanol and biodiesel is something that I have worked on since I was secretary of agriculture in Kansas. I would like to see a lot more progress, because I think there is a real score to be made on this.
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I am pro-choice, but I don't consider that inconsistent at all with pro-life - there's no way that having an abortion, ever, is an easy decision, and it more often errs on the side of absolutely wrenching, not to mention physically debilitating.
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The championship always goes to the team that wins the most rounds and is the most prepared. I think everybody on our team works hard towards keeping that goal. Time will tell if we're prepared or not.
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If history judges society for how it treats those in need, so markets judge economies by the incentives they provide for private investment, the infrastructure that supports growth, and the burdens placed on job creation.
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When it comes to making laws that protect the public from the financial services industry, Congress has done a progressively worse job since the Pecora Commission hearings of the early 1930s, which led to Congress taking bold steps to regulate banking and securities firms in 1933 and 1934.
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At the risk of sounding really corny now, I'm a career prosecutor. I've been doing this for a very long time. And I believe in holding people responsible when they violate the law. But our sole responsibility is to seek justice. And sometimes that means a very lengthy sentence for people who are dangerous and from which society must be protected.
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I think the potential for the program at the risk of sounding self-serving is large, some would say even limitless, so I'm excited about it and I think it can even pass next year.
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One of the reasons I've been able to be productive is that I want to do everything.
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There are several different ways we can get at unclogging the arteries of lending in America and helping working people achieve financial independence. Part of that is going to be through executive action. Part of that is going to be through reconciliation.
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Any time anyone says anything nice about me, whether it's Lady Gaga or your neighbor, it's a nice feeling, I'm very grateful for it. It's very helpful for your career. Every time someone says something complimentary it introduces you to their audience. It gives you credibility.
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I took up drama and did so much extracurricular work, like the National Youth Theatre and Guildhall's Saturday school. Acting is where I felt most comfortable and how I wanted to express myself.
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I've often said the most difficult things I have to say to people through humour. I can very quickly put someone in their place with it. But we all walk away unscathed because there's been some funnies around it, and I'll usually make sure that it comes back at me.
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To have a reason to get up in the morning, it is necessary to have some kind of guiding principle. A belief of some kind.
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Growth requires risk-taking. If you want to dampen risk and make sure you never have a problem, you do so, but that also will have an effect on growth. This is a decision that doesn't necessarily belong to financial institutions. It belongs to regulators and legislators who represent the body politic.
