Financial Quotes
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We've been worried for some time that one of the ways that North Korea can retaliate against further escalation of tensions is via cyber, and particularly attacks against our financial sector. This is something they have really perfected as an art against South Korea.
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Maybe we all need to leave our children with a value legacy, and not a financial one. A value for things with a personal touch - an autographed book, a soul-searching letter.
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I am not responsible for the financial crisis, I hate to tell you.
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Greece will not manage to get back on its feet without restructuring its debt. There is no way around it. The country's creditors will have to reduce a portion of its debts by extending maturity dates, lowering interest rates or giving them what's called a 'haircut' in financial jargon.
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Quite apart from the Church's financial self-interest in getting me out of the way, Baltimore is an overwhelmingly Catholic city and like most good Christians, they felt we ought to be punished for our unorthodox views.
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The problem with cap-and-trade and programs such as carbon capture and storage is that they all assume that business as usual can continue. The financial meltdown and peak oil has pretty much demonstrated that business as usual's not going to work.
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We've offered direct financial support for a range of renewable energy sources, whether it be large-scale solar, whether it be geothermal, whether it be wave power or wind power.
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If the financial system collapses, it's really, really hard to put it back together again.
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A large-scale crisis - whether a terrorist attack or a financial crash - would likely provide the pretext to declare some sort of state of exception or emergency, where the usual rules no longer apply.
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Households and businesses cut expenses every day. Passing a financial down payment alongside the debt limit sends the right message to the public, and gives members of Congress greater comfort, or cover, depending on your perspective.
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The Federal Reserve has always recognized the importance of allowing markets to work, and government oversight of financial firms will never be fully effective without the aid of strong market discipline.
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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.
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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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I frankly think we in the financial service world believe we need appropriate kinds of regulations. No question about that. But when something like Dodd-Frank has been created, sort of in the mystery of night, it is a huge document. It's vast. It weighs about 10 pounds when I carry it around.
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A clear lesson of history is that a 'sine qua non' for sustained economic recovery following a financial crisis is a thoroughgoing repair of the financial system.
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There are still deep-seated structural problems that threaten the economic balance in the world: Between the United States and China, for example, but also within Europe. We have taken a few steps toward taming the financial markets, but we haven't come nearly far enough to rule out a repetition of the crisis.
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The money cost of the reservoir plan literally fades into insignificance when it is compared with the financial burden which the great depression imposed on the nation.
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If you want to create wealth, it is imperative that you believe that you are at the steering wheel of life, especially your financial life.
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The critical goals of solid internal controls and transparent financial reporting are better achieved by a free and unfettered capital market rather than by burdensome regulation. Enforcement efforts should focus on aggressive prosecution of bad actors under existing anti-fraud laws rather than imposing costly and largely ineffective procedural requirements on all public companies.
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So there are two separate tracks. One track is for the Syrian government and the opposition that is interested in a peaceful future of Syria to come together for national unity, for the political process. At the same time, it is a requirement for everybody to stop supporting the extremist groups, to stop allowing them safe passage, to stop allowing them to receive weapons, to stop allowing them to receive financial assistance, and to come together in actually fighting them.
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Lawsuits against reverse mortgage companies, including the nation's largest, Financial Freedom Senior Funding, contend that those firms helped pressure older Americans into bad investments.
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When you solve big, hard problems, problems that fundamentally improve how an industry works, financial returns follow, giving you resources to do more of the same.
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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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Every individual has the power to change his or her material or financial status by first changing the nature of his or her beliefs.
