I'd make banks more accountable. I think they should separate totally the personal banking arm with whatever else they are playing around with.
I don't like the anonymity of the banking process - people now don't have a bank manager they ever meet.
Temporary nationalization of the banks that are in very bad shape would mean basically that the government is the temporary owner. I always believe that the government should focus on its comparative advantages, and banking is not one of them. It should, therefore, if it nationalizes banks, sell them back to the private sector.
I'm not against banking. Banking allowed our modern society to happen, it is essential. It connects the work through finance, so banking is good.
Our international banking system allows banks to accept funds gained from tax evasion and other crimes and thereby facilitates and encourages embezzlement by public officials, especially in developing countries, as well as tax evasion and tax avoidance by multinational corporations.
In Africa it's difficult to carry the money, it's difficult to have a banking system with tellers, with distribution of cash. So they are using their mobile phones.
It does no one any good to say their novel sucks if you don't have an idea how to make it better, how to approach it from different angles and make it work. It's obviously a subjective process, right? But the thing about subjectivity, at least in the classroom, is that you're banking on your professor's subjectivity to be both personal and professional - that he or she has some sense about the world outside the workshop.
They [political leaders ] thought the only problem was the banking system, and if they fixed the banking system, all would be fine. But the banking system and the mortgage problem were symptomatic of some deeper problems, and evidently they still haven't recognized those deeper problems.
Microcredit has shown how you can reach out to people that conventional banking cannot. It has demonstrated that it's a doable proposition.
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.
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.
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.
When you need to borrow money the Mob seems like a better deal I think. 'You don't pay me back I break both yer legs.' Is that all? You won't take my house or wreck my credit rating? Fine where do I sign. Legs? Fine. You don't even have to sign anything.
If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.
Just for fun I flew in huge banking arcs, taking deep breaths, enjoying the feel of my newly weightless hair. The stylist had called it “wind tossed.” If only she knew.
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.
Massive progress has been made in the last five years. More progress has to be made in terms of fiscal union and banking union.
The shadow banking sector has played an important role in cleaning up toxic assets.
The world needs banking but it does not need banks.
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.
My father was in real estate, banking, and land management. As family life, it was very conventional, happy, and comfortable. We weren't wealthy, but we were well-off.
There have been three great inventions since the beginning of time: fire, the wheel, and central banking.
Our banking system grew byaccident; and wherever something happens byaccident, it becomes a religion.
If, however, a government refrains from regulations and allows matters to take their course, essential commodities soon attain a level of price out of the reach of all but the rich, the worthlessness of the money becomes apparent, and the fraud upon the public can be concealed no longer.
In sum: banking theory and practice, as immobilizing and fixating forces, fail to acknowledge men and women as historical beings; problem-posing theory and practice take the people's historicity as their starting point.
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