Financial Quotes
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Robert M. Morgenthau, the Manhattan district attorney, has seen a few financial schemes in his time. As the lead local prosecutor in the world's financial capital, he has battled frauds like the Bank of Credit and Commerce International, which stole billions of dollars from investors worldwide.
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Even with uncertainty around the future of work in an increasingly automated world, Airbnb will remain a way for women to achieve greater financial independence and social empowerment in the years ahead.
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Veterans are driven by the same frustrations that the public has with what is happening in Washington... the fiscal irresponsibility and the financial crisis that our country is facing.
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The assumption that Washington could and would resolve Lehman Brothers without a bankruptcy, as it had Bear Stearns, was the single biggest mistake in the series of mistakes in 2007 and 2008 that led to the financial panic and the ensuing epidemic of job losses.
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I do not believe that anything really worthwhile will come out of the exploration of the slag heap that constitutes the surface of the moon...Nobody should imagine that the enormous financial budget of NASA implies that astronomy is now well supported.
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Over the years, George has been one of the most successful equity portfolio managers in the financial services industry.
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By any measure, CapitalSource outperformed both our direct competitors and the financial services industry in general, particularly in the context of the near collapse of the financial services industry where 19 of the 20 largest financial institutions in the country either failed or were bailed out by the government.
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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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It is the policy of the federal government to use all resources at its disposal to make our financial system stronger.
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People should have an escape valve for their money, their assets. If you have substantial financial assets, the government is going to confiscate the purchasing power of those assets and spend it.
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Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that followed. Today, by contrast, credit is too tight. Mortgage loans are particularly hard to get, creating a problem for the housing market and the broader economy.
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The Fed's organization reflects a long-standing desire in American history to ensure that power over our nation's monetary policy and financial system is not concentrated in a few hands, whether in Washington or in high finance or in any single group or constituency.
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I thought to myself, 'All right, let's take a look at your resume. You have no financial background. You have basketball, that's what you have, for your whole life.'
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To be wealthy you must develop a burning desire for wealth and financial independence.
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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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Every one says: 'Listen, I'd love to reinvest. I'd love to hire people. But I have no idea what this healthcare bill is going to do to my bottom line. I have no idea what this financial reform bill is going to do... I'm not going to step out a limb and do any of those until I know what this government is going to do to me.'
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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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In Germany it's impossible to go bankrupt for medical bills, because even if you are bankrupt, ... the social solidarity system pays for your medical bills. The idea is, if you do have financial problems and a lot of worries for other reasons, you do not need to have another burden in not being able to pay medical bills.
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One of the main reasons that the landscape of financial stuff in America is different is that gambling is illegal there. So there's a kind of sport-like aspect to the American coverage of finance.
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The United States follows the pattern of men taking the financial risks even within a given field. Women physicians are three times as likely as men to work for the government or an HMO; men physicians are much more likely to be self-employed in a solo practice.
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If you want better behavior from bankers, then make their financial incentives more like those in the hedge-fund world - where managers have 'skin in the game,' and their net worth is tied to their long-term performance.
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Rising incomes and positive demographics will provide opportunities for retail financial services in India.
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Every morning when I pick up the newspaper and read about an earthquake in Japan or problems in European financial institutions, the first question I ask our staff is 'What is money-market-fund exposure?'
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The Industry's at war. I think it's about control. You can make all of the financial arguments that the industry has been shooting itself in the foot, but it is an industry built on a foundation of ownership and exploitation of intellectual property rights.
