Banking Quotes - Page 8

• For my own part, I did not see and did not appreciate what the risks were with securitization, the credit ratings agencies, the shadow banking system, the S.I.V.’s — I didn’t see any of that coming until it happened.

  Janet Yellen

  Agency, Appreciate, Risk

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• Among the largest banks, the capital ratios remain good and I don’t expect any serious problems . . . . among the large, internationally active banks that make up a very substantial part of our banking system.

  Ben Bernanke

  Ratios, Serious, Problem

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• There's more honor in investment management than in investment banking.

  Charlie Munger

  Honor, Management, Investment

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• ... preliminary accounting, banking and surveying (known as arithmetic, algebra and geometry).

  Alan Watts

  Mathematics, Arithmetic, Algebra

  Alan Watts (2011). “In My Own Way: An Autobiography”, p.43, New World Library

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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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• 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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• 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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• Stripe is building payment infrastructure for the Web, so we make it easy to accept credit cards online. Before Stripe, the way youd do this is using the legacy banking structure. It was slow, it was complex, it was expensive. It had this very chilling effect on e-commerce.

  John Collison

  Stripes, Credit, Way

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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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• We are overdone with banking institutions, which have banished the precious metals, and substituted a more fluctuating and unsafe medium... These have withdrawn capital from useful improvements and employments to nourish idleness... These are evils more easily to be deplored than remedied.

  Thomas Jefferson

  Wisdom, Evil, Employment

  Thomas Jefferson (1853). “The Writings of Thomas Jefferson: Correspondence, cont”, p.516

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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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• 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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• 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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• The wise woman patterns her life on the theory and practice of modern banking. She never gives her love, but only lends it on the best security and at the highest rate of interest.

  Henri de Toulouse-Lautrec

  Wise, Practice, Giving

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• My basic strategy is to stick to my core business, and to my area of expertise. My businesses are all related - retail, shopping centers, banking, real estate and tourism development. Together they create synergy.

  Henry Sy

  Real, Shopping, Together

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• Banks need to think through their ethics very carefully, and many have done so. I dont know any bank that dismisses the concept of ethical banking.

  Justin Welby

  Thinking, Needs, Done

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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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• There was, of course, a global financial crisis. But our Labour predecessors left Britain exceptionally vulnerable and damaged: more personal debt than any other major economy; a dangerously inflated property bubble; and a bloated banking sector behaving as masters, not the servants of the people.

  Vince Cable

  Banking Crisis, People, Debt

  Liberal Democrat conference: Vince Cable speech in full, www.theguardian.com. September 22, 2010.

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• Investment banks manage to go bankrupt through their investment-banking activities, commercial banks manage to go bankrupt through their commercial-banking activities.

  Ben Bernanke

  Commercial Banks, Investment, Activity

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• We dont have a good legal justification for breaking up the banking system. But if I could wave a magic wand, Id break up the banking system.

  Kenneth C. Griffin

  Magic, Wave, Break

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• The entire banking movement, at all crucial stages, was centralized in the hands of a few men who for years were linked, ideologically and personally, with one another.

  Gabriel Kolko

  Men, Hands, Years

  Gabriel Kolko (2008). “Triumph of Conservatism”, p.222, Simon and Schuster

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• Whether or not you have good consumer protection has a big effect on safety and soundness of the banking community, especially smaller banks.

  Judd Gregg

  Safety, Community, Protection

  "Financial Regulatory Reform: Washington 'Going Stupid' Again?". "On the Record", www.foxnews.com. April 20, 2010.

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• You have safety and soundness as primary purpose of the Federal Reserve, the OCC, and the other agencies which control banking regulation.

  Judd Gregg

  Agency, Safety, Purpose

  "Financial Regulatory Reform: Washington 'Going Stupid' Again?". "On the Record", www.foxnews.com. April 19, 2010.

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• Utility representatives will not show up at your door unannounced and will not ask for banking information in unsolicited phone calls. If you get a request for personal information that leaves you skeptical, contact my office and we can help determine if the call was legitimate.

  Mike Beebe

  Phones, Doors, Office

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