Financial Quotes
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You need to have a lot of human judgment involved in the financial industry in terms of risk management, in terms of investment decisions, and things that really allow us to blend the best of technology and the human brain.
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Maturity transformation is a central part of the economic function of banks and many other types of financial intermediaries.
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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.
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I've been all over meeting government ministers and such in Caribbean financial circles. There's a small blockchain movement in the Caribbean. They've been quite a bit more advanced than you might've imagined.
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If this government wants to be fair dinkum, then it must stop kowtowing to financial markets, international organisations, world bankers, investment companies and big business people. The Howard government must become visionary and be prepared to act, even at the risk of making mistakes.
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With respect to their safety, derivatives, for the most part, are traded among very sophisticated financial institutions and individuals who have considerable incentive to understand them and to use them properly.
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Just as the web democratized publishing and development, Bitcoin can democratize building new financial services. Contracts can be entered into, verified, and enforced completely electronically, using any third-party that you care to trust, or by the code itself.
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State and local government, with financial support from the federal government, should offer a program to educate and train foster children for employment and provide them with financial assistance, as needed, until they reach age 21.
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We grew to our present size almost against ourselves. It was not a deliberately planned commercial venture in the sense that I sat down and said that we were going to make ourselves into a huge financial octopus. We evolved by necessity. We did not sit down and say to ourselves, 'How can we make a big pile of dough?' It just happened.
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Rich people do not back away from problems, do not avoid problems, and do not complain about problems. Rich people are financial warriors.
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Mandatory auditor rotation is designed to address a potential conflict of interest between a public company and its auditor. Because an auditor is hired and paid by the public company it audits, the auditor's desire to maintain a good relationship with its client could conflict with its duty to rigorously question the client's financial statements.
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Well the specific role of the World Bank is to be ready with financial assistance immediately after this emergency takes place because you need to reconnect water, you need to reconnect power, you need roads, you need bridges, and that has to be done urgently.
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I am absolutely convinced there should be financial and political incentives for states to declare. You shouldn't be the pariah of the world if you say you have Ebola, but in reality this is what happens.
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As we try to make the financial system safer, we must inevitably confront the problem of moral hazard.
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I look back on it, yeah, I'm in a much worse financial position than I was eight years ago. I'm going to have to go out at age 62 and kind of readdress some of that.
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Former Olympians also get paid to make appearances. Many of them won their medals in an era when Olympic success didn't go hand-in-hand with financial success.
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I am here to give the American people some straight talk about higher education. Some have said we might have cut financial aid for college students. The truth is we have expanded access to college for our neediest students through the record growth of the Pell grant program.
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Transnational organized cybercriminal groups have stolen hundreds of millions of dollars from financial institutions and ordinary citizens.
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Given the central role of effective, firmwide risk management in maintaining strong financial institutions, it is clear that supervisors must redouble their efforts to help organizations improve their risk-management practices...We are also considering the need for additional or revised supervisory guidance regarding various aspects of risk management, including further emphasis on the need for an enterprise-wide perspective when assessing risk.
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There are hundreds of millions of people around the globe who could safely repay loans but nonetheless do not have access to a line of credit. Financial institutions in developing economies are broken and inefficient, and hard-working people have not been given the chance to establish a credit history.
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The principal linkages between Japan and the U.S. global economies are trade, financial markets, and commodity markets.
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If I wasn't a model, I would never have been around interesting musicians, even had the financial capabilities to say, 'I don't have to work right now. I can sit and make my record.'
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It's great to talk about how good things are now. But we can't sit on our laurels and expect that our time will sustain itself if we don't do a better job on issues like education... It's absolutely the case that the low cost of college tuition that I was able to enjoy and the financial aid I was able to receive made my education possible.
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The central message is still that, as Keynes argued, fiscal policy is the answer to liquidity traps, financial or political. The arguments against fiscal policy in Japan, so far as I understand them are intellectually fallacious; they would receive failing grades in an undergraduate macro exam.
