Quote of the Day
What Wall Street and credit card companies are doing is really not much different from what gangsters and loan sharks do who make predatory loans. While the bankers wear three-piece suits and don't break the knee caps of those who can't pay back, they still are destroying people's lives.
I served in all commissioned ranks from a second Lieutenant to a Major General. And during that time, I spent most of my time being a high-class muscle man for Big Business, for Wall Street, and for the bankers. In short, I was a racketeer for capitalism.
Anger is wonderful. It keeps you going. I'm angry about bankers. About the government.
Harlem is not a playground for rich bankers and consultants. It's got students of all colors. It's got old people who keep history and tell tall tales.
During the Enron debacle, it was workers who took the pounding, not bankers. Not only did Enron employees lose their jobs, many lost their retirement savings. That's because they were at the bottom of the investing food chain.
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.
Debt, we've learned, is the match that lights the fire of every crisis. Every crisis has its own set of villains - pick your favorite: bankers, regulators, central bankers, politicians, overzealous consumers, credit rating agencies - but all require one similar ingredient to create a true crisis: too much leverage.
Andrew Ross Sorkin
In addition to their power over government based on government financing and personal influence, bankers could steer governments in ways they wished them to go by other pressures.
Civilizations are not remembered by their business people, their bankers or lawyers. They're remembered by the arts.
If you're an original thinker, you are going get told 'no' a lot, and you have to be able to hear 'no' many times from the bankers and trust that at some point, someone is going to recognize that you are an artist and not a can of soda.
Thank you, Occupy Wall Street. With your vivid example of anticapitalist squalor, I've been able to convince all three of my children to become investment bankers.
P. J. O'Rourke
I actually think that the economy has got some positives. It's got the market. It's got consumer confidence and it's got banks throwing - I mean central bankers throwing money at it around the world.
Greed has increasingly become a virtue among Wall Street bankers and corporate CEOs in the U.S. Nowhere else in the world do CEOs insist on receiving compensation as high compared to what their employees earn.
I went to the bank and proposed that they lend money to the poor people. The bankers almost fell over.
Obama came in and gave $700 billion to the bankers off the top as opposed to giving $700 billion to the poor.
The way the bankers have kind of toppled the way money is distributed, and taken most of it into their own hands, is as good as Stalin or Hitler.
Bankers - pillars of society who are going to hell if there is a God and He has been accurately quoted.
John Ralston Saul
Late 19th-century populists saw bankers and industrialists manipulating markets to enrich themselves at the expense of small farmers and labourers and favoured political candidates promising economic relief through free and unlimited coinage of silver.
Bankers cannot afford to be concerned with only the economic aspects of projects. There may be serious implications on the natural environment, the urban environment, on human culture.
When I became CEO of Xerox 10 years ago, the company's situation was dire. Debt was mounting, the stock sinking and bankers were calling. People urged me to declare bankruptcy, but I felt personally responsible for tens of thousands of employees.
Anne M. Mulcahy
Because bankers measure their self-worth in money, and pay themselves a lot of it, they think they're fine fellows and don't need to explain themselves.
In the subprime mortgage industry, bankers handed out iffy loans like candy at a parade because such loans meant revenue and, hence, bonuses for executives in the here-and-now.
There are few industries as defiantly opaque as shipping. Even offshore bankers have not developed a system as intricately elusive as the flag of convenience, under which ships can fly the flag of a state that has nothing to do with its owner, cargo, crew, or route.
It would not be a bad idea if bankers were to go and sit occasionally with politicians in their political surgeries, where they might get a sense of the injustice that some of the community feel about the banks.
I'm from a family of bankers and businessmen, and here I am, the artist, the black sheep.
John F. Kennedy
Martin Luther King, Jr.
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