Banking Quotes
-
The bank hath benefit of interest on all moneys which it creates out of nothing.
-
My agency in promoting the passage of the National Banking Act was the greatest mistake of my life. It has built up a monopoly which affects every interest in the country
-
Banking is a branch of the information business.
-
Going by the game stats we give up another big inning. Walks and timely hitting by them pretty well spelled doom for us. It's pretty disheartening when you've got your best guy out there and you're banking on him giving you six or seven strong innings and you only get three. We just feel like he was forced out of the game early with walks. I won't say with control, I'll say with walks.
-
I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world - no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.
-
Banking gives you a glimpse into what makes companies succeed and what makes companies fail.
-
Congress can protect small businesses by providing effective oversight over SBA policies and make sure they take into account the needs of small businesses while also protecting taxpayer dollars. Congress also needs to make sure that new banking regulations do not make it more costly for community banks to lend to small businesses.
-
The Federal Reserve bank buys government bonds without one penny.
-
The world needs banking but it does not need banks.
-
Our approach to banking is very different from the traditional banks or even some of the new banks. We do not necessarily go out and write single-cheque, large-ticket loans.
-
You can't control income. It varies based on conditions outside of your control. But you can control expenses.
-
My agency in promoting the passage of the National Bank Act was the greatest financial mistake of my life. It has built up a monopoly, which affects every interest in the country. It should be repealed, but before that can be accomplished, the people will be arrayed on one side and the banks on the other, in a contest such as we have never before seen in this country.
-
Political union means transferring the prerogatives of national legislatures to the European parliament, which would then decide how to structure Europe's fiscal, banking, and monetary union.
-
Divestment measures would improve overall banking sector health.
-
It's going to be an honest, fair, unvarnished look at what we do, and that means that it's an experiment. It's a risk. Not everybody approves of what we do. But I'm banking on the fact that people will also see how much effort we make about being fair and being ethical.
-
Banking, I would argue, is the most heavily regulated industry in the world. Regulations don't solve things. Supervision solves things.
-
Our banking system grew byaccident; and wherever something happens byaccident, it becomes a religion.
-
The federal [bank deposit] insurance scheme has worked up to now simply and solely because there have been very few bank failures. The next time we have a pestilence of them it will come to grief quickly enough, and if the good banks escape ruin with the bad ones it will be only because the taxpayer foots the bill.
-
I doubt if there is any occupation which is more consistently and unfairly demeaned, degraded, denounced, and deplored than banking.
-
My basic strategy is to stick to my core business, and to my area of expertise. My businesses are all related - retail, shopping centers, banking, real estate and tourism development. Together they create synergy.
-
The UN is but a long-range, international banking apparatus clearly set up for financial and economic profit by a small group of powerful One-World revolutionaries, hungry for profit and power.
-
The full history of the interlocking participation of the Imperial German Government and international finance in the destruction of the Russian Empire is not yet written...It is not a mere coincidence that at the notorious meeting held at Stockholm in 1916, between the former Russian Minister of the Interior, Protopopoff, and the German Agents, the German Foreign Office was represented by Mr. Warburg, whose two brothers were members of the international banking firm, Kuhn, Loeb and Company, of which the late Mr. Jacob Schiff was a senior member.
-
A possibility is that we see more and more leverage, and credit-to-GDP ratios rise once more to even higher levels; eventually the banking systems of all advanced economies reach magnitudes of 500 percent, 1000 percent or more of GDP, so that every economy starts to have financial systems that resemble recent cases like Switzerland, Ireland, Iceland, or Cyprus. That might be a very fragile world to live in.
-
The politics of banking is bad everywhere, including UK. Eurozone has more problems, unhealthy symbiosis.
