Banking Quotes - Page 9

• Whereas banking education anesthetizes and inhibits creative power, problem-posing education involves a constant unveiling of reality.  The former attempts to maintain the submersion of consciousness; the latter strives for the emergence of consciousness and critical intervention in reality.

  Paulo Freire

  Reality, Creative, Unveiling

  Paulo Freire (2014). “Pedagogy of the Oppressed: 30th Anniversary Edition”, p.58, Bloomsbury Publishing USA

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• In the winter, things are dead and dull, but then there is an explosion of life. That's what He promises people who believe in His Son. That's what all the Robertsons are banking on.

  Si Robertson

  Believe, Son, Winter

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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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• For a country, everything will be lost when the jobs of an economist and a banker become highly respected professions.

  Baron de Montesquieu

  Country, Jobs, Bankers

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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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• 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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• 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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• 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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• 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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• Essentially, not only do we believe in this myth of 'de-risking', but it has become the one overriding goal; de-risking above growth, de-risking above innovation, de-risking above everything else. And we've reached the point where the Fed is using $70 Billion a month to 'de-risk' a largely insolvent banking system. And this can only end badly. The idea that you can do capitalism without risk is ridiculous on its face.

  Andreas Antonopoulos

  Believe, Ideas, Goal

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• The federal [bank deposit] insurance scheme has worked up to now simply and solely because there have been very few bank failures. The next time we have a pestilence of them it will come to grief quickly enough, and if the good banks escape ruin with the bad ones it will be only because the taxpayer foots the bill.

  H. L. Mencken

  Grief, Pestilence, Bills

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• Open the books ... and you will be staggered to see how much American money has been taken from the United States Treasury for the benefit of Russia. Find out what business has been transacted for the State Bank of Soviet Russia, by its correspondent, the Chase Bank of New York [owned by the Rockefellers].

  Louis Thomas McFadden

  New York, Book, Taken

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• American money was never more sound, or banking more free, than 200 years ago. Since then, it's been a long steady decline from the gold standard and competitive banking to our Fed-run system of inflated paper currency, deposit insurance, and perpetually shaky banks on the dole.

  Llewellyn Rockwell

  Running, Money, Years

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• The majority of America's colossal fortunes have been made by entering industries in their early stages and developing leadership in them.... Think of what opportunities the present and the future contain in such fields as ship-building and ship-owning, aircraft, electrical development, the oil industry, different branches of the automotive industry, foreign trade, international banking, invention, the chemical industry, moving pictures, color photography, and, one night add, labor leadership.

  B. C. Forbes

  Photography, Moving, Thinking

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• Banking is a branch of the information business.

  Walter Wriston

  Branches, Information

  1986 Risk and Other Four-Letters Words.

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• I was educated in a private school in England amongst people who had been trained for sort of banking or the Army or business. As I came towards the end of my education, I thought I must find something or I'll never meet any of these people again.

  Jeremy Irons

  School, Army, People

  "Actor Jeremy Irons". "The Tavis Smiley show", www.pbs.org. September 7, 2012.

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• When we think about living donor transplant, what we're banking on is the ability of the liver to regenerate itself. Now, it's not the same sort of regeneration we think about with the starfish where we cut off the arm and it grows a new arm. With the liver, what happens is the remaining liver gets bigger, and your body knows the size of the liver that it needs, and when it recognizes that there is not enough liver, it sends nutrients and signals to the liver and says "get bigger."

  John Roberts

  Cutting, Thinking, Needs

  Source: www.ucsfbenioffchildrens.org

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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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• An MBA is a great degree for career paths like investment banking, finance, consulting, and large companies. An MBA is not necessarily the right path for starting a tech company. You should be building a prototype, not getting an MBA in that case.

  Guy Kawasaki

  Mba, Careers, Degrees

  "Interview with Guy Kawasaki | Entrepreneur, Venture Capitalist, Author (Enchantment)". Interview with Sameer Kamat, www.mbacrystalball.com. June 26, 2011.

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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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• The business of banking ought to be simple. If it is hard it is wrong. The only securities which a banker, using money that he may be asked at short notice to repay, ought to touch, are those which are easily saleable and easily intelligible.

  Walter Bagehot

  Simple, Short Notice, Bankers

  Walter Bagehot (2007). “Lombard Street: A Description of the Money Market”, p.246, Cosimo, Inc.

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• Stock dealers and banking companies, by the aid of a paper system, are enriching themselves to the ruin of our country, and swaying the government by their possession of the printing presses, which their wealth commands and by any other means, not always honorable to the character of our countrymen.

  Thomas Jefferson

  Country, Character, Mean

  Thomas Jefferson, Andrew M. Allison (1983). “The Real Thomas Jefferson”, Natl Center for Constitutional

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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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• I trust online banking. You know why? Because if somebody hacks into my account and defrauds my credit card company, or my online bank account, guess who takes the loss? The bank, not me.

  Kevin Mitnick

  Loss, Cards, Credit

  "A convicted hacker debunks some myths". Interview with Manav Tanneeru, www.cnn.com. October 13, 2005.

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