Finance Quotes - Page 17

• The fact that China has about seven percent arable land, means that she’s always going to be looking for places that have more arable lands to finance or to provide food stuffs.

  Dambisa Moyo

  Mean, Land, Stuff

  "The New Maritime Silk Road". Interview with Parag Khanna, bigthink.com.

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• It is important that New York, in addition to its fashion, and finance, and tourism, and communications infrastructure, also begin developing venture infrastructure that's for real.

  Juan Enriquez

  Fashion, New York, Real

  Source: bigthink.com

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• One of the things I've learned - before I would go on a show, I was like, "Oh God, I hate that show" or "That show is gonna get canceled." But now after being full-time on a show, you see how difficult it is and how much work goes into it and how so many decisions are based on finances or people's schedules or talent or location issues. It's a miracle that anything gets made.

  Fiona Gubelmann

  Hate, Issues, People

  Source: www.esquire.com

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• They are a special breed-like normal accountants, but without the soppy sentimentality. These are the oncologists of market capitalism.

  Sean O'Grady

  Business, Special, Oncologists

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• For as long as I can remember the slogan has been ... the federal government ought to behave more like families, because families balance their budgets. It turns out that families looked around and said, "You know what? Let's behave more like the government!"

  George Will

  Business, Government, Long

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• Whenever I think about the budgetary problems, I think about the problems of Errol Flynn ... reconciling net income with gross habits.

  Malcolm Rifkind

  Business, Thinking, Income

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• He is like some sherry-crazed old dowager who has lost the family silver at roulette, and who now decides to double up by betting the house as well.

  Boris Johnson

  Business, House, Debt

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• I feel these days like a very large flamingo. No matter what way I turn, there is always a very large bill.

  Joseph O'Connor

  Business, Debt, Flamingos

  Joseph O'Connor (1994). “The secret world of the Irish male”

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• Give the Germans five deutschmarks and they will save it. But give the British £5 and they will borrow £25 and spend it.

  John Major

  Business, Giving, Debt

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• Should we really let our people starve so we can pay our debts.

  Julius Nyerere

  Business, People, Debt

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• A debt may get mouldy, but it never decays.

  Chinua Achebe

  Business, Decay, Debt

  Chinua Achebe (1987). “No Longer at Ease”, p.74, Heinemann

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• We need to move beyond the demonisation of overpaid traders ... In finance and economics, ill-designed policy is a more powerful force for harm than individual greed or error.

  Adair Turner, Baron Turner of Ecchinswell

  Powerful, Business, Moving

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• In Las Vegas, people know that the odds are stacked against them. On Wall Street, they manipulate the odds while you are playing the game.

  John Ensign

  Wall, Business, Vegas

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• An elected government making huge changes with the consent of its people, is being undermined by concentrated powers in unregulated markets-powers which go beyond those of any individual government.

  George Papandreou

  Business, Government, People

  "Why We Must Unite Against The Unprincipled Speculators". www.businessinsider.com. March 8, 2010.

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• I've always been sceptical about the notion that the market is a person you can engage in an argument with, and that that person is an intelligent, rational, well-intentioned person: it is fantasy. We know that ... the market is subject to irrational optimism and pessimism, and is vindictive ... You're dealing with a crazy man ... Having got what he wants he will still kill you.

  Joseph Stiglitz

  Business, Crazy, Intelligent

  "The Money Man: Super-economist Joseph Stiglitz on how to fix the recession". Interview with Sean O'Grady, www.independent.co.uk. February 9, 2010.

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• If we are really serious about preventing another crisis like the 2008 meltdown we should simply ban complex financial instruments, unless they can be unambiguously shown to benefit society in the long run. This is what we do all the time with other products-drugs, cars, electrical products and many others.

  Ha-Joon Chang

  Running, Business, Long

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• It sounds to me like selling a car with faulty brakes, and then buying an insurance policy on those cars.

  Phil Angelides

  Business, Car, Sound

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• It's as if people used the invention of seat belts as an opportunity to take up drunk driving.

  John Lanchester

  Business, Opportunity, People

  John Lanchester (2010). “I.O.U.: Why Everyone Owes Everyone and No One Can Pay”, p.80, Simon and Schuster

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• I want them poor and they deserve to be poor. You can't have capitalism without punishment.

  Nassim Nicholas Taleb

  Business, Punishment, Want

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• Private equity has absolutely no reason to exist. The private equity holder has all the upside and the banks all the downside.

  Nassim Nicholas Taleb

  Business, Reason, Equity

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• We should probably stop trading derivatives, anything more complex than regular options ... I am an options trader, and I don't understand options. How do you want a regulator to understand them?

  Nassim Nicholas Taleb

  Business, Want, Derivatives

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• I don't think there is a sound UK bank now, at least, if there is one I don't know about it. The City of London is finished, the financial centre of the world is moving east. All the money is in Asia. Why would it go back to the West? You don't need London.

  Jim Rogers

  Business, Moving, Thinking

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• Financial hydrogen bombs built on personal computers by 26-year-olds with MBAs.

  Felix Rohatyn

  Business, Years, Mba

  "They had parties, we got the hangover" by Ruth Sunderland, www.theguardian.com. June 6, 2009.

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• The arrangement bore the same relation to actual finance as fantasy football bears to the NFL.

  Michael Lewis

  Football, Business, Nfl

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• The Treasury's plan has little for those outside of the financial industry. It is aimed at rescuing the same financial institutions that created this crisis with the sloppy underwriting and reckless disregard for the risk they were creating, taking or passing on to others.

  Richard Shelby

  Business, Passing On, Creating

  "CNN Newsroom" with Heidi Collins, www.cnn.com. September 23, 2008.

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