Quote of the Day
The history of the last century shows, as we shall see later, that the advice given to governments by bankers, like the advice they gave to industrialists, was consistently good for bankers, but was often disastrous for governments, businessmen, and the people generally.
Bankers know that history is inflationary and that money is the last thing a wise man will hoard.
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 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.
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.
Bankers - pillars of society who are going to hell if there is a God and He has been accurately quoted.
John Ralston Saul
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.
Conservatives may believe that impoverished borrowers destroyed Wall Street. But we liberals will not fool ourselves that stupid bankers sank conservatism for good.
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.
I've never particularly liked bankers.
Jonathan Safran Foer
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.
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.
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.
I went to the bank and proposed that they lend money to the poor people. The bankers almost fell over.
Obama's view of the tax code is inherently political: Whom can we hit next? Energy companies, jet owners, bankers? Instead, the question should be how to promote economic efficiency by raising revenue without trying to manipulate corporate or personal behavior.
Every dollar that is printed should not represent a debt to private bankers. It should represent an investment potential in the common good, in the common needs of our country.
I think bankers will always get away with whatever they can get away with.
John le Carre
All of this talk of recession offends me. I am delighted that bankers have less money.
Two-thirds of the directors at the New York Fed are hand-picked by the same bankers that the Fed is in charge of regulating.
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.
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.
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
Instead, there were a variety of controls of which some could be influenced by bankers, some could be influenced by the government, and some could hardly be influenced by either.
Nationalization would likely mean wiping out the big banks' managements and shareholders. It's because that reckoning has mostly been avoided so far that those bankers may be the Americans in the greatest denial of all.
Some people had fathers who were bankers or farmers, my father made films, that's how I saw it. As for the movie stars, they were just around, some of them were friends, others weren't, it was all just a part of my everyday life.
Shopkeepers are not bankers.
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.
With a group of bankers I always had the feeling that success was measured by the extent one gave nothing away.
We are Americans. We - we - we are - we are doctors. We are investment bankers. We are taxi drivers. We are store keepers. We are lawyers. We are - we are part of the fabric of America. And the way that America today treats its Muslims is being watched by over a billion Muslims worldwide.
Feisal Abdul Rauf
You talk to the farmers, the ranchers, our small community bankers, and boy, one of the No. 1 issues is the regulations coming out of Washington.
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John F. Kennedy
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