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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One of the reasons I've been able to be productive is that I want to do everything.
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Governments of all stripes want to deliver growth and rebalance their economies now that they have learned the hard way that, left to their own devices, markets pick expensive banking losers.
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With a standard editorial cartoon, you're taking tons of information and synthesizing it down to a single bite - a single moment in time. With animated editorial cartoons, it's more storytelling.
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In 2008, when the global financial crisis struck, it was a bad year for a lot of developing countries, and it manifested itself in consumer confidence.
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It is a process of diverting one's scattered forces into one powerful channel.
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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.
