Financial Quotes
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The Cyprus Financial Crisis was a devastating blow to Cypriots and halted their banking system. Banks closed for two weeks to prevent a banking panic. When they reopened, capital controls were placed on the people's money, and customers were met by armed guards at the branches.
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By the beginning of the 20th century, the debate about monetary policy and the nation's financial system had been going on for over a century. Increasingly, the shortcomings of the existing system were causing too much harm to ignore.
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I have no problem with the financial industry inviting the Trojan Horse of blockchain technology into their walled garden. Because I know how powerful the technology is.
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Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional business and retail lending activities as banks try to rebuild their balance sheets. This was one aspect of modern financial liberalisation that had dire consequences.
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I'd be kidding if I said that I predicted the financial collapse.
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The prevailing - and foolish - attitude is that a good manager can be a good manager anywhere, with no special knowledge of the production process he's managing. A man with a financial background may know nothing about manufacturing shoes or cars, but he's put in charge anyway.
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I would fight every month. Think about the finances I would have. That would be financial freedom.
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In the West, if a city faces financial difficulties, it'll go bankrupt. But in China, cities will be subsidised by the Ministry of Finance. So some small- and medium-sized cities aren't worried about going bankrupt. They figure the central government will help them out.
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There's every financial incentive in the world to stay in the conservative movement forever.
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What bitcoin does better than the current financial system is it's a better stored value globally. There are a lot of countries that really don't trust their banks or their currency, and bitcoin is an alternative.
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Countries are not like financial markets. Social change cannot be executed as swiftly as credit-default swaps. You cannot sell short on social commitments and practical responsibilities.
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When we have financial struggles, kids are so much more aware of things than we want them to be.
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At Mint, we developed five pending patents on our technology, ranging from categorization to the Ways to Save system that calculates how much a new financial product would save a user given their present financial situation.
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At the end of the day, it not only doesn't make logical sense to deny licenses to undocumented immigrants, it doesn't make financial sense.
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The reality is, risk is variable. Those in the financial world know it.
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For too long, Americans have fallen victim to financial abuses at the hands of predatory lenders that operate in the shadows.
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Information, education, skills, healthcare, livelihood, financial inclusion, small and village enterprises, opportunities for women, conservation of natural resources, distributed clean energy - entirely new possibilities have emerged to change the development model.
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We at Fidelity view ourselves just as much a financial information processing company as an investment management firm. That may not be too newsworthy.
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A strong accountability system needs to broaden, not narrow, the curriculum. That cannot happen if you only have accountability without adequate school funding. Until Tallahassee understands the need to raise the bar as well as the financial investment, Florida will continue to celebrate mediocrity at the expense of true achievement.
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Here's how I look at it: Life is full of challenges. Everybody has them. For some, it's health or family crises. I had a financial challenge.
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Amongst the financial Twitterati, the term 'muppets' has come to describe any client used and abused by some financial predator. I've adopted the term to describe portfolios that have been assembled for purposes other than serving the clients' best interests.
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I'm a believer. I'm one of the few standing before you today from a large financial services company that has not given up on digital currencies.
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Economics is all about consumption. People either spend money now or they use financial instruments - like bonds, stocks and savings accounts - so they can spend more later.
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Trillions of dollars every day are being exchanged around the world in all of the financial markets.
