Banking Quotes - Page 6

• Higher education is the place where people who had big plans in high school get stuck in fierce rivalries with equally smart peers over conventional careers like management consulting and investment banking. For the privilege of being turned into conformists, students (or their families) pay hundreds of thousands of dollars in skyrocketing tuition that continues to outpace inflation. Why are we doing this to ourselves?

  Peter Thiel

  Smart, School, Careers

  Peter Thiel, Blake Masters (2014). “Zero to One: Notes on Startups, or How to Build the Future”, p.31, Crown Business

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• Of course we will continue to work for cheaper electricity in the homes and on the farms of America; for better and cheaper transportation; for low interest rates; for sounder home financing; for better banking; for the regulation of security issues; for reciprocal trade among nations and for the wiping out of slums. And my friends, for all of these we have only begun to fight.

  Franklin D. Roosevelt

  Home, Fighting, Government

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• I am myself persuaded, on the basis of extensive study of the historical evidence, that... the severity of each of the contractions - 1920-21, 1929-33, and 1937-38 - is directly attributable to acts of commission and omission by the Reserve authorities and would not have occurred under earlier monetary and banking arrangements.

  Milton Friedman

  Omission, Historical, Study

  Milton Friedman (2009). “Capitalism and Freedom: Fortieth Anniversary Edition”, p.45, University of Chicago Press

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• With regard to Banks, they have taken too deep and too wide a root in social transactions, to be got rid of altogether, if that were desirable. They have a hold on public opinion, which alone would make it expedient to aim rather at the improvement, than the suppression of them. As now generally constituted, their advantages whatever they be, are outweighed by the excesses of their paper emissions, and the partialities and corruption with which they are administered.

  James Madison

  Taken, Roots, Public Opinion

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• It is not suprising that the banking concept of education regards men as adaptable, manageable beings.

  Paulo Freire

  Men, Pedagogy Of The Oppressed, Adaptable

  "Pedagogy of the Oppressed". Book by Paulo Freire, Chapter 2, 1968.

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• We're a small part of this ecosystem. When we go to a school and talk about investment banking, they are these monster financial conglomerates, and so we end up in the same pot. That is still an issue for us.

  Ken Moelis

  School, Ecosystems, Issues

  Source: nordic.businessinsider.com

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• If you're meant to do something like writing and you end up going into banking or finance, your going to be miserable. You're trying to fit something into a square peg and a round hole. It's just never going to work.

  Robert Greene

  Writing, Squares, Trying

  Source: dilanka.cc

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• Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises with debt spending

  Nassim Nicholas Taleb

  Thinking, Addiction, Greed

  Nassim Nicholas Taleb (2010). “The Bed of Procrustes: Philosophical and Practical Aphorisms”, p.88, Penguin UK

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• It's just very hard to teach a class of students about what has happened in the Global Financial Crisis, how we ended up there and how we got to where we are today, without having some basic, non-trivial understanding of the financial sector, credit, and the banking system.

  Alan M. Taylor

  Class, Understanding, Credit

  Source: www.truth-out.org

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• Someone said to me the other day: "Well, you're eventually going to live until 110." And I said: "Well, who's going to keep me? What age do I retire? 100?" How are you going to live all those years and who is going to keep you doing it? I have a couple of grandchildren now so I'm banking on them.

  Michael Caine

  Couple, Grandchildren, Years

  "Is Anybody There? - Sir Michael Caine interview". Interview with Rob Carnevale, www.indielondon.co.uk.

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• A long-term relationship is about showing up and working hard and banking on each other. If one's down, the other might be up and can help the other one up, and sometimes you're both down and you just [band] together. Endurance is a big theme of it for me. That might not sound romantic, but I kind of think that it is.

  Rob Delaney

  Thinking, Long, Endurance

  "'Catastrophe' Creators Talk Rom-Coms and Romantic 'Endurance': 'It's Love Under Pressure'". Interview with Paige Phelan, www.hollywoodreporter.com. July08, 2015.

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• Without encryption, you and I wouldn't be able to do our banking online. We wouldn't be able to buy things online, because your credit cards - they've probably been ripped off anyway, but they would be ripped off left and right every day if there wasn't encryption.

  Tim Cook

  Would Be, Cards, Encryption

  Interview with Nancy Gibbs and Lev Grossman, time.com. March 17, 2016.

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• 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.

  Alan M. Taylor

  Iceland, Gdp, Switzerland

  Source: www.truth-out.org

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• The politics of banking is bad everywhere, including UK. Eurozone has more problems, unhealthy symbiosis.

  Anat R. Admati

  Symbiosis, Problem, Unhealthy

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• Banking may well be a career from which no man really recovers.

  John Kenneth Galbraith

  Business, Men, Careers

  John Kenneth Galbraith (1969). “Ambassador's Journal”

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• Destabilization and turmoil,[Steven] Lerner hopes, will also crash the stock market, isolating the banking class and allowing for a transfer of power.

  Rush Limbaugh

  Class, Crash, Turmoil

  Source: www.rushlimbaugh.com

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• There's definitely evidence that capitalism at its most ruthless rewards psychopathic behavior. When you look at the worst corners of the American health insurance industry or the sub-prime banking market, it really feels like the more psychopathically someone behaves, the more it's rewarded.

  Jon Ronson

  Looks, Rewards, Behavior

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• Banking and after-dinner speaking are two of the most nonessential industries we have in this country. I am ready to reform, if they are.

  Will Rogers

  Country, Two, Reform

  Will Rogers, Bryan B. Sterling (1995). “Will Rogers Speaks: Over 1,000 Timeless Quotations for Public Speakers (writers, Politicians, Comedians, Browsers ...)”, M Evans & Company

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• Implicit in the banking concept is the assumption of a dichotomy between human beings and the world: a person is merely in the world, not with the world or with others; the individual is spectator, not re-creator.

  Paulo Freire

  World, Assumption, Individual

  Paulo Freire (2014). “Pedagogy of the Oppressed: 30th Anniversary Edition”, p.54, Bloomsbury Publishing USA

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• [ Zionists] dominate the Banking institutions of America and they are the biggest contributors in politics.

  David Duke

  America, Institutions, Zionist

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• If you were following the [Barack] Obama campaign back then, closely, you could see it had become very close to banking interests. So I think you can't properly understand Hillary Clinton's foreign policy without understanding Saudi Arabia.

  Julian Assange

  Thinking, Understanding, Campaigns

  Source: www.zerohedge.com

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• Barack Obama is telling the banking industry what it can and can't charge and what profit he will accept and what level of profit he won't accept. Bill Clinton and Jimmy Carter came up with this scheme that resulted in the subprime mortgage crisis. They said it was unfair that poor and minority people didn't have houses, so we're basically gonna give 'em houses. How are we gonna do that? We're going to make the banks loan them money, knowing full well they can't pay it back.

  Rush Limbaugh

  Knowing, People, Giving

  Source: www.rushlimbaugh.com

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• But at some point, you know that - you know what poem keeps going through my mind is, "first they came for the Jews." People, all of us, are like, "Well, this news doesn't really affect me." "Well, I'm not a bondholder." "Well, I'm not in the banking industry." "Well, I'm not a big CEO." "Well, I'm not on Wall Street." "Well, I'm not a car dealer." "I'm not an auto worker." Gang, at some point, they're going to come for you!

  Glenn Beck

  Wall, People, Car

  "Beck compares car dealership closures to Nazis; warns 'Gang, at some point, they're going to come for you'". "The Glenn Beck Program", www.mediamatters.org. June 10, 2009.

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• If we're talking about buying exchanges abroad, we have to have global securities standards, as we have global banking regulations. I'm talking about margins. Now, the United States has certain margin requirements that are not the same in London. Investors and hedge funds that want to borrow more money against securities ? if they can't in the U.S., they go abroad. That could add additional risks to the global economy.

  Muriel Siebert

  Talking, Risk, United States

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• 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.

  Boris Brasol

  Senior, Brother, Government

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