Banking Quotes - Page 15

• One of the reforms to be carried out during the incoming administration is a change in our monetary and banking laws, so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the embarrassment of a financial panic.

  William Howard Taft

  Law, Reform, Panic

  George Washington, John Adams, Thomas Jefferson, James Madison, James Monroe, John Quincy Adams, Andrew Jackson, Martin Van Buren, William Henry Harrison, James Knox Polk, Zachary Taylor, Franklin Pierce, James Buchanan, Abraham Lincoln, Ulysses S. Grant, Rutherford B. Hayes, James A. Garfield, Grover Cleveland, Benjamin Harrison, William McKinley, Theodore Roosevelt, William Howard Taft, Woodrow Wilson, Warren G. Harding, Calvin Coolidge, Herbert Hoover, Franklin D. Roosevelt, Harry S. Truman, Dwight D. Eisenhower, John F. Kennedy, Lyndon Baines Johnson, Richard Milhous Nixon, Jimmy Carter, Ronald Reagan, George Bush, Bill Clinton, George W. Bush, Barack Obama (2017). “Inaugural Speeches from the Presidents of the United States - Complete Edition”, p.191, e-artnow sro

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• The Kaiser Wilhelm Institute's eugenics studies were initially endowed by Gustav Krupp von Bohlen und Halbach, the head of the Krupp munitions monolith, and James Loeb, of the Kuhn-Loeb banking family. Loeb's relatives, the Warburgs, were banking partners of William Rockefeller, and both families were responsible for setting up the American Harriman family - also movers and shakers in eugenics - in business.

  Jim Keith

  Eugenics, Study, Responsible

  Jim Keith (2003). “Mass Control: Engineering Human Consciousness”, p.14, Adventures Unlimited Press

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• This wasn't because he liked me, I was sure. It had more to do with him banking on what we of wedding age had all become witnesses to-how during these wedding weekends, single women, feeling a little lonely, maybe, or just feeling a little too far from being the bride, found themselves loosening their own rules, opting to be more flexible, more quickly.

  Laura Dave

  Lonely, Weekend, Feelings

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• In financial services, if you want to be the best in the industry, you first have to be the best in risk management and credit quality. It's the foundation for every other measure of success. There's almost no room for error.

  John G. Stumpf

  Errors, Risk, Quality

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• Genealogy of American Finance is a treasure trove of information on American banking and its history, in an unusual -- and unusually useful -- format.

  John Steele Gordon

  Treasure, Information, Finance

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• When you're in a commodity business, the only way to thrive is to be a low-cost producer. And when you're selling money, you're in a commodity business.

  Duff McDonald

  Cost, Way, Commodity

  Duff McDonald (2009). “Last Man Standing: The Ascent of Jamie Dimon and JPMorgan Chase”, p.151, Simon and Schuster

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• Banks get in trouble for one reason: They make bad loans.

  Carl Webb

  Trouble, Reason, Loan

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• There is no legislation--I care not what it is--tariff, railroads, corporations, or of a general political character, that all equals in importance the putting of our banking and currency system on the sound basis proposed in the National Monetary Commission plan.

  William Howard Taft

  Character, Political, Sound

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• Peak oil is already upon us. It is destroying our banking system, that is, our system for marshalling capital, and that is about to put us out of business-as-usual. So, we have to carry on with business-not-so-usual. This could mean anything from your children finding careers in farming (rather than show biz or plastic surgery) to reorganizing households differently to traveling from New York to Boston by boat.

  James Howard Kunstler

  New York, Children, Mean

  Interview With Simmons B. Buntin, www.terrain.org.

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• Massive progress has been made in the last five years. More progress has to be made in terms of fiscal union and banking union.

  Christine Lagarde

  Inspiring, Years, Progress

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• The real power is not corporate; it is private. They choose not to have a name. It is a dynasty of banking families - Rothschild and Rockefeller being two - that operate chiefly out of London, in the boardrooms out of the city of London and the Bank of England, which they own.

  Betty Dodson

  Real, Cities, Names

  "Betty Dodson’s Feminist Sex Wars". Interview with Melissa Gira Grant, www.truth-out.org. December 16, 2013.

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• Italy is the fourth-largest economy in Europe and the eighth-largest economy in the world, and its banking system is collapsing. And Germany is desperate. It must maintain its standard of living. It can only do that with exports and Deutsche Bank is very exposed to Italian debt. But so is the rest of Europe.

  George Friedman

  Italian, Europe, Germany

  Source: www.businessinsider.com

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• The shadow banking sector has played an important role in cleaning up toxic assets.

  Anshu Jain

  Inspiring, Shadow, Important

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• I am much less concerned with whatever it is technology may be doing to people that what people are choosing to do to one another through technology. Facebook's reduction of people to predictively modeled profiles and investment banking's convolution of the marketplace into an algorithmic battleground were not the choices of machines.

  Douglas Rushkoff

  Technology, People, Choices

  Douglas Rushkoff (2013). “Present Shock: When Everything Happens Now”, p.162, Penguin

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• Microcredit has shown how you can reach out to people that conventional banking cannot. It has demonstrated that it's a doable proposition.

  Muhammad Yunus

  People, Reach Out, Microcredit

  "Create social business funds in each country and city". Interview with David Bornstein, www.thedailystar.net. April 19, 2013.

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• I helped purify Nicaragua for the international banking house of Brown Brothers in 1909-1912. I brought light to the Dominican Republic for American sugar interests in 1916. In China I helped to see to it that Standard Oil went its way unmolested.

  Smedley Butler

  Brother, Light, Oil

  Smedley D. Butler (2003). “War is a Racket: The Antiwar Classic by America's Most Decorated Soldier”, Feral House

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• There are a lot of ways that investment banking models work, but these risks are not internalized by the people that are taking them.

  Robert F. Engle

  People, Risk, Way

  Source: bigthink.com

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• Time and again we’ve seen that reducing poverty comes down to economic opportunity-not just connecting the poor to services like banking, but ensuring they can be producers on fair terms in the global economy.

  Leila Janah

  Opportunity, Poverty, Economic

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• The world needs banking but it does not need banks.

  Bill Gates

  Doe, Needs, World

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• As a child, I had no idea that I would end up in the film industry. My ambitions changed from wanting to join the army like my grandfather to taking up merchant navy as a career to running for India, and finally, investment banking while I was a student of economics honour. But during my college days, I began to get offers for modelling.

  Arjun Rampal

  Running, Children, Ambition

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• Lawyers make nothing but confusion...A lawyer is an instrument of the devil. In general, he's a fiendish idiot, banking on the stupidity of people much more stupid than himself, and by God he's always right.

  Thomas Bernhard

  Stupid, People, Confusion

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• Meyer [sic] Amschel Rothschild, who founded the great international banking house of Rothschild which, through its affiliation with the European Central Banks, still dominates the financial policies of practically every country in the world, said: ‘Permit me to issue and control the money of a nation, and I care not who makes its laws.’

  Mayer Amschel Rothschild

  Country, Law, Issues

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• Money never declines. Money just moves.

  Richard M. Kovacevich

  Moving, Decline

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• Letting things slide is always the easiest thing to do, in parenting no less than in banking, public education, and environmental protection. A lack of discipline is apparent these days in just about every aspect of American society. Why? This should be is a much larger question, one to ponder as we take out the garbage and tie our kids' shoes.

  Elizabeth Kolbert

  Kids, Shoes, Ties

  "Spoiled Rotten". www.newyorker.com. July 2, 2012.

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• Human beings today are surrounded by huge institutions we can never penetrate: the City, the banking system, political and advertising conglomerates, vast entertainment enterprises. They've made themselves user friendly, but they define the tastes to which we conform. They're rather subtle, subservient tyrants, but no less sinister for that.

  J. G. Ballard

  Wall, Cities, Tyrants

  "A User's Guide to the Millennium". Book by J. G. Ballard, 1996.

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