Regulators Quotes - Page 2

• In China, going public has a cachet from a branding standpoint. It will improve our image to ad agencies, government regulators.

  Victor Koo

  Agency, Government, Branding

  5 Copy quote

• Apparently modern financial regulators are vastly more sophisticated than we were as financial regulators 25 years ago - because we had never figured out that the key to financial stability was leaving felons in charge of the largest financial institutions in the world.

  William K. Black

  Keys, Years, Leaving

  "Too Big to Jail?". Interview with Bill Moyers, billmoyers.com. October 3, 2014.

  4 Copy quote

  Show source

• The classic problem as an entrepreneur is that they have a hard time delegating. But that's really crazy. Recruiting other executives is critical, so is dealing with customers and dealing with regulators. Those are functions that only the top founders can do.

  Robert Pozen

  Crazy, Hard Times, Entrepreneur

  "How To Delegate Responsibility To Other People" by Aimee Groth, www.businessinsider.com. January 18, 2013.

  4 Copy quote

  Show source

• Regulators are a backstop: they don't own banks. The governance at the top of our leading banks has been shown to be lamentably weak. No one at the top of Barclays will take responsibility for systemic abuse.

  Vince Cable

  Responsibility, Abuse, Weak

  "Banking scandal: 'the rot was widespread, the corruption endemic'" by Vince Cable, www.theguardian.com. June 30, 2012.

  4 Copy quote

  Show source

• So perhaps the most worrying single remark made by a responsible banking official during the current crisis came from Jochen Sanio, the head of Germany's banking regulator BaFin. He warned on Aug. 1 that his country could be facing the worst banking crisis since 1931 - a reference to the collapse of Austria's Kredit Anstalt, which provoked a wave of bank failures across Europe.

  Martin Walker

  Country, Banking Crisis, Europe

  4 Copy quote

• A nervous excitability, a chronic exaltation of the passion, in which commingle the inferior life of the individual and its exterior manifestations, a state in which sentiment, idea, and will are confounded together, where for the lack of the powerful corrective of logic, the flights of imagination know no bounds, where life and human activity are deprived of a regulator, and move outside of material and concrete factors, by the sole interior force of the soul.

  Kadmi Cohen

  Powerful, Moving, Passion

  4 Copy quote

• It strikes me as hubris that Universal will buy EMI. What it will do is create a super-major that will have far too much power... I think when Universal goes up over 40 percent market share, I don't see how reasonable regulators can countenance. It will impact not just labels, but artists and cultural diversity.

  Edgar Bronfman, Jr.

  Artist, Thinking, Impact

  7 Copy quote

• 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

  7 Copy quote

• However, you have to recognize that regulations will never be completely successful and they will always be full of holes. You must constantly be ready to fill new holes. Actually regulation should be kept to a minimum, but there has to be some cooperation between market participants and authorities - as was the case in the early postwar years. The Bank of England was a very successful regulator by cooperating with market participants. This cooperative spirit was broken by the market fundamentalists.

  George Soros

  Successful, Years, Broken

  "'The Economy Fell off the Cliff'". Interview with Mathias Müller von Blumencron, Gregor Peter Schmitz and Gabor Steingart, www.spiegel.de. November 24, 2008.

  10 Copy quote

  Show source

• Passion, though a bad regulator, is a powerful spring. Any absorbing passion has the effect to deliver from the little coils and cares of every day: 'tis the heat which sets our human atoms spinning, overcomes the friction of crossing thresholds, and first addresses in society, and gives us a good start and speed, easy to continue, when once it is begun.

  Ralph Waldo Emerson

  Powerful, Spring, Passion

  Ralph Waldo Emerson (1866). “The Complete Works of Ralph Waldo Emerson: Comprising His Essays, Lectures, Poems, and Orations”, p.419

  4 Copy quote

  Show source

• Those tragic comedians, the Chamber of Commerce red hunters, the Women's Christian Temperance Union smellers, the censors of books, the Klan regulators, the Methodist prowlers, the Baptist guardians of sacred vessels-we have the national mentality of a police lieutenant.

  H. L. Mencken

  Christian, Book, America

  7 Copy quote

• The global financial crisis is a great opportunity to showcase and propagate both causal and moral institutional analysis. The crisis shows major flaws in the way the US financial system is regulated and, more importantly, in our political system, which is essentially a bazaar of legalized bribery where financial institutions can buy themselves the governmental regulations they want, along with the regulators who routinely receive lucrative jobs in the industry whose oversight had formerly been their responsibility, the so-called revolving-door practice.

  Thomas Pogge

  Jobs, Responsibility, Opportunity

  Source: www.truth-out.org

  10 Copy quote

  Show source

• But let me tell you what happens when regulations go too far, when they seem to exist only for the purpose of justifying the existence of a regulator. It kills the people trying to start a business.

  Marco Rubio

  People, Trying, Purpose

  7 Copy quote

• My preference is for the Federal Reserve to be the systemic risk regulator, because the responsibility for identifying and limiting potential problems is a natural complement to its role in monetary policy.

  Henry Paulson

  Responsibility, Risk, Roles

  17 Copy quote

• You read constantly that banks are lobbying regulators and elected officials as if this is inappropriate. We don't look at it that way.

  Jamie Dimon

  Looks, Lobbying, Way

  52 Copy quote

• Passion, though a bad regulator, is a powerful spring.

  Ralph Waldo Emerson

  Powerful, Spring, Passion

  Ralph Waldo Emerson (1966). “Journals and Miscellaneous Notebooks: 1824-1838”, p.32, Harvard University Press

  10 Copy quote

  Show source

• No wonder the regulators decided on segregation of boys and girls: Otherwise, it would have been a nightmare, this feeling angry and self-conscious and confused and annoyed all the time.

  Lauren Oliver

  Girl, Confused, Boys

  4 Copy quote

• Emergency Valve Regulators," she repeated. "So you do know what your doing? "Not really," he said yanking another wire. 'I made up that term to keep you happy. I'm just pulling all the red wires because they're the pretty ones.

  Derek Landy

  Wire, Red, Emergencies

  Derek Landy (2015). “Skulduggery Pleasant:”, p.76, HarperCollins UK

  4 Copy quote

  Show source

• Regulators have not been able to achieve the level of future clarity required to act pre-emptively. The problem is not lack of regulation but unrealistic expectations. What we confront in reality is uncertainty, some of it frighteningly so...

  Alan Greenspan

  Ignorance, Reality, Expectations

  11 Copy quote

• There is not necessarily a good reason why a regulator should have to be involved in product design and marketing for rich and sophisticated investors. We recommend that such investors should be able to sign a piece of paper, which allows them to go ahead and buy unregulated products at their own risk.

  John Redwood

  Should Have, Design, Risk

  4 Copy quote

• The brain is conceded to be the master organ of the body, the regulator of life, the source of human progress.

  Frederick Tilney

  Brain, Progress, Body

  6 Copy quote

• The securitisation of mortgages added a new dimension of systemic risk. Financial engineers claimed they were reducing risks through geographic diversification: in fact they were increasing them by creating an agency problem. The agents were more interested in maximising fee income than in protecting the interests of bondholders. That is the verity that was ignored by regulators and market participants alike.

  George Soros

  Creating, Agency, Risk

  8 Copy quote

• Every deal is a regulated deal. Regulators will tell you how to take your money home.

  David Bonderman

  Home, Deals

  7 Copy quote

• By common consent of the nations, gold and silver are the only true measure of value. They are the necessary regulators of trade. I have myself no more doubt that these metals were prepared by the Almighty for this very purpose, than I have that iron and coal were prepared for the purposes in which they are being used.

  Hugh McCulloch

  Iron, Doubt, Gold

  Hugh McCulloch (1970). “Men and Measures of Half a Century; Sketches and Comments”

  9 Copy quote

  Show source

• It is vital for officials and regulators to have input from people within our businesses who understand the intricacies of how financial markets operate and the consequences of certain policy decisions.

  Jamie Dimon

  People, Decision, Input

  4 Copy quote