Financial Quotes
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Sometimes, the aftermath is more devastating than the storm. That is the story of the 2008 financial crisis. It was disastrous at the time, but what has been worse is how long it has lingered.
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The financial crisis that began in the summer of 2007 was an extraordinarily complex event with multiple causes.
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Successful people save in prosperous times so they have a financial cushion in times of recession.
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American business would be run better today if there was more alignment between CEOs' interest and the company. For example, would the financial crisis of 2008 have occurred if the CEO of Lehman and Morgan Stanley and Goldman and Citibank had to take a very small percentage of every mortgage-backed security... or every loan they made?
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It's not a stretch to say the whole financial industry revolves around the compass point of the absolutely safe AAA rating. But the financial crisis happened because AAA ratings stopped being something that had to be earned and turned into something that could be paid for.
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Mostly, cybercriminals are motivated to commit crime for financial gain.
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Investing in renter's insurance is hugely worthwhile. It protects you from a whole load of financial pitfalls around your home. Your home should be the center of your sense of security - not the cause of you losing financial security.
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In financial terms, my sense is that the distribution of wealth, unequal as it is, is self-perpetuating, and, especially in a linked and accelerating world, the rich get ever more quickly richer while the poor get ever more speedily poorer.
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There has to be a balance between your mental satisfaction and the financial needs of your company. (But) I always remember that it's the fantasy, the artistic side, that makes customers want to buy the straightforward black pants.
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Chicago seems to follow New York, and coming from New York and being in real estate, I worry about things happening in Chicago that have happened in New York. I've seen a great city like New York go downhill. It has a wonderful financial downtown, but the rest of the city is not very nice.
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The more traditional fuel sources we have relied on as a nation - coal, oil, and natural gas - I'm hoping they can allow us the financial springboard to move to the next generation of energy sources: renewables and alternatives.
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A lot of the evil in the world is actually not intentional. A lot of people in the financial system did a lot of damage without intending to.
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The details of what the Fed did were kept secret until a provision in the Dodd-Frank Act that I sponsored required the Government Accountability Office to audit the Fed's lending programs during the financial crisis.
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Racism is a way to gain economic advantage at the expense of others. Slavery and plantations may be gone, but racism still allows us to regard those who may keep us from financial gain as less than equals.
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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.
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You need to begin to network with angels and VCs while you are still ideating. It is easier to ask someone you know for funding than a stranger. Build your financial network by attending as many industry functions and reaching out for advice from experts online.
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When Lincoln ran into trouble during the Civil War, he got new generals. He brought in Grant. I hope that President Obama will bring in some new generals on the financial front.
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In all of our efforts, we continue to emphasize the importance of inclusivity and transparency on the part of the Afghan government and leadership, especially in linking nascent local governing institutions to the decision-making and financial resources in Kabul.
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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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The platforms that are big, global, diversified, and both financial and physically enabled are competitively much better positioned than those which are not.
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Financial independence means the freedom to choose.
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The degree to which society creates wealth, I think, is largely determined by government and financial systems.
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You want the story to end when it's supposed to and not be squeezed for somebody's financial gain.
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Travelex has grown into a global business in just 25 years. The acquisition of Thomas Cook's Global & Financial Services has created a business that would have had a combined turnover of U.S. $28.4 billion in 2000.
