Financial Quotes
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You can be a victim or you can be rich, but you can't be both. Listen up! Every time, and I mean every time, you blame, justify, or complain, you are slitting your financial throat.
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In financial services, the front end of the world operates at super-high speeds: comparative advantages are measured in fractions of nanoseconds. And yet back end processes - the amount of time you have to wait when you sell a stock before cash hits your account - can take days.
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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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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 newspapers were a baseball team, they would be the Mets - without the hope for those folks at the very pinnacle of the financial food chain - who average nearly $24 million a year in income - 'next year.'
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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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During the financial crisis, I worked with hundreds of executives who struggled as a result of their thoughts about job security. When their beliefs changed, so did their emotional experience - and they were then able to focus on the task at hand more effectively.
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Just as the music industry couldn't combat the financial impact of digital piracy, major corporations will have to rethink how to maintain margins when many of their most profitable items can be easily manufactured at home.
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There is definitely going to be another financial crisis around the corner because we haven’t solved any of the things that caused the previous crisis.
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The crisis in Europe has affected the U.S. economy by acting as a drag on our exports, weighing on business and consumer confidence, and pressuring U.S. financial markets and institutions.
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And finally, no matter how good the science gets, there are problems that inevitably depend on judgement, on art, on a feel for financial markets.
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I believe in financial retirement. I don't necessarily believe in physical retirement.
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Ripple is focused on enabling a global network of financial institutions to use our software to create what we call the Internet of Value.
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Audit the Fed is a bill that would politicize monetary policy, would bring short-term political pressures to bear on the Fed. In terms of openness about our financial accounts, we are extensively audited.
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Certainly there is no way to direct the effects of monetary policy at a single class of assets while leaving other financial markets and the broader economy untouched. One might as well try to perform brain surgery with a sledgehammer.
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Regulators around the world have achieved an unprecedented level of collaboration since the financial crisis to create global standards for financial institutions. American regulators have largely viewed these international standards as a floor, and imposed higher standards on U.S. institutions.
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Workshops and seminars are basically financial speed dating for clueless people.
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After all, Wall Street is clearly the most powerful lobbying force on Capitol Hill. From 1998 through 2008, the financial sector spent over $5 billion in lobbying and campaign contributions to deregulate Wall Street.
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The great challenge of the twentieth century ... is to create a new financial architecture in which private decisions produce a less degenerate capitalism.
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Accounting rules give financial institutions flexibility about when they choose to recognize venture capital profits.
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Hard work, careful planning, and realistic financial advice will be required by many to regain solvency.
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Bankruptcy is about financial death and financial rebirth. Bankruptcy is the great American story rewritten. We're a nation of debtors.
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Although we work through financial markets, our goal is to help Main Street, not Wall Street.
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We do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system.
