Banks Quotes
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Don't reward bad behavior. It is one of the first rules of parenting. During the financial cataclysm of 2008, we said it differently. When we bailed out banks that had created their own misfortune, we called it a 'moral hazard,' because the bailout absolved the bank's bad acts and created an incentive for it to make the same bad loans again.
Eliot Spitzer
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People are upset. They know something is wrong. But they don't know what. The real explanation is too complicated. They won't sit still for it. So, they look for scapegoats - the rich...the banks...the Chinese.
Bill Bonner
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We looked into the abyss if the gold price rose further. A further rise would have taken down one or several trading houses, which might have taken down all the rest in their wake. Therefore at any price, at any cost, the central banks had to quell the gold price, manage it. It was very difficult to get the gold price under control but we have now succeeded. The US Fed was very active in getting the gold price down. So was the U.K.
Eddie George
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The New York Federal Reserve is a tool of the big banks.
Collin Peterson
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The staff members of all banks have worked very hard, and we all owe them our gratitude.
Urjit Patel
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I have a responsibility to banks, to shareholders.
Arnon Milchan
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In Clay’s time the federal government issued only metal money: gold and silver coins, called specie. Paper currency was the responsibility of banks, which promised to redeem their notes in specie.
H. W. Brands
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No business in the economy has the easy money that banks get to play with.... The existence of banks with single digit amounts of equity is a completely unhealthy existence - that is not only a risk for the banks, but for all of us.
Anat R. Admati
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Civilization is a stream with banks. The stream is sometimes filled with blood from people killing, stealing, shouting and doing the things historians usually record, while on the banks, unnoticed, people build homes, make love, raise children, sing songs, write poetry and even whittle statues. The story of civilization is what happened on the banks.
Will Durant
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But if you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and control credit.
Josiah Stamp
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Many custodial banks and brokers will only promise execution of these registration instructions if they are given instructions this evening or by tomorrow, close of business.
Eric Knight
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Conservatives brayed that government should stay out of the private sector; liberals bleated for nationalizing the banks.
Steven Rattner