Financial Quotes
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My colleagues on the Board of Governors and I understand the value of having a diverse financial system that includes a large and vibrant contingent of community banks.
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I have to tell you, I live paycheck to paycheck like most Americans. It's very difficult for me to say, 'Hey, I can give up my paycheck,' because the reality is, I have financial obligations that I have to meet on a month-to-month basis that doesn't make it possible for me.
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Many of us like to think of financial economics as a science, but complex events like the financial crisis suggest that this conceit may be more wishful thinking than reality.
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Now that I'm a civilian again, I can once more comment on economic and financial issues without my words being put under the microscope by Fed watchers.
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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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A lot of the city boys in London, a lot of the hedge-fund, young city workers at the height of the financial boom were a lot of working-class, brilliantly minded young fellows and women.
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Our overriding goal in restructuring our financial architecture should be that taxpayers never again have to save a failing financial institution.
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In the foundation and development of a successful enterprise there must be a single-minded pursuit of financial profit.
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Top management as a function and as a structure was first developed by Georg von Siemens (1839-1901) in Germany between 1870 and 1880, when he designed and built the Deutsche Bank and made it, within a very few years, into continental Europe's leading and most dynamic financial institution.
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Some economists estimate that for every family that goes bankrupt, there are about 15 more who are in the same amount of financial trouble and would profit from bankruptcy but just haven't filed.
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Not every business cycle has a financial crisis. Frequently they do.
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Full financial citizenship means more than just a savings account and a way to transfer money and pay bills. It also requires access to credit along with the ability to accept payments and run a business, send money to family or transact business across borders, contribute to the community and help others in need, and invest for the future.
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President Obama inherited a broken country mired in two wars, a financial crisis, a mortgage mess and more than we all probably even know about and has in my opinion brought us back from the brink. But I still see my friends in no better shape and the gap widening.
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He (William Howard Taft) had little patience with the unconscious arrogance of conscious wealth and financial success.
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Many of the patients in military and veterans hospitals require long stays, which can place a large financial hardship on families who don't live near the hospital, which is very common.
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India is among the leaders in thinking about how technology can solve some of the problems about financial inclusion. But if you think that financial inclusion as a problem has a solution rooted in technology, it's obviously not the only thing.
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Hard work, careful planning, and realistic financial advice will be required by many to regain solvency.
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Many savers are also homeowners; indeed, a family's home may be its most important financial asset. Many savers are working, or would like to be.
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Our large size, capital base, robust funding profile, extensive distribution network, diversified portfolio, presence across the financial services sector, and leadership in technology position us very well to leverage the growth opportunities across the economy.
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Firstly, economic globalisation has brought prosperity and development to many countries, but also financial crises to Asia, Latin America and Russia, and increasing poverty and marginalisation.
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The United States has the most sophisticated financial markets in the world, which does not leave much room to maneuver. But it also offers investors the greatest access to information and the ability to execute trades quickly and efficiently. So it is a mixed bag of opportunity.
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Soon after the financial crisis of 2008, I was at a meeting in Washington with a group of U.S. senators. They had invited me to provide a point of view on new regulation; regulation aimed at ensuring we never have to go through the events of 2008 ever again.
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Successful people save in prosperous times so they have a financial cushion in times of recession.
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Priesthood quorums teach and assist their members to attain good health, financial stability, and a year's supply of food and clothing. They also teach their members to be self-reliant and to give their time, talents, and means in behalf of the Church, community, and needy.
