Quotes About Lending

'Credit' is another word for trustworthiness.

Who lent the Greeks the most money? It was German banks, and for a long time, they were profiting from it quite nicely.

A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain.

And this term usury [Ï"ó?oÏ'], which means the birth of money from money, is applied to the breeding of money because the offspring resembles the parent. Wherefore of all modes of making money this is the most unnatural.

Large fortunes are all founded either on the occupation of land, or lending or the taxation of labor.

We really accomplished what we set out to do with the Recovery Act programs, which was to fill the lending gap created by the crisis.

We should redefine the metric for effective lending, viz., prioritise loans to enterprises, which will generate more employment.

One of the risks for anybody in the lending business is that being conservative can harm your competitiveness.

People get into debt head over heels because banks make it so easy to do so. Then the banks come along and act like these people who can't or won't pay their bills are the dregs of society.

it will be wasted by one unable to use it wisely and leave him without his treasure, and leave the borrower with a debt he cannot repay?

The old-fashioned idea is that responsibility falls upon those who borrow and lend. Money was not borrowed by campesinos, assembly plant workers, or slum-dwellers. The mass of the population gained little from borrowing, indeed often suffered grievously from its effects.

There are several different ways we can get at unclogging the arteries of lending in America and helping working people achieve financial independence. Part of that is going to be through executive action. Part of that is going to be through reconciliation.

A banker is a fellow who lends you his umbrella when the sun is shining, but wants is back the minute it begins to rain.

In a country supposedly dedicated to the ideals of market economics, arguably the most important social function of finance Ã¢â'¬â€œ lending for home purchase Ã¢â'¬â€œ had become almost completely nationalized.

As the light wanes I see what I thought I was anxious to surrender I am only willing to lend

bankers love to lend money they haven't got to their creditors so that the creditors can pay back what they don't really owe

Postwar debts differed from prewar borrowing. New World borrowers spent nineteenth-century British loans on railroads and ranches, building the capacity to repay their lenders. Belligerent borrowers spent wartime American loans on shot and shell, destroying that capacity. Nations wounded in war borrowed more money to repay their debts, sometimes borrowing from America to pay other belligerents who in turn paid America.

Barney Frank wanted to know where the Fed was going to get the $85 billion to lend to AIG. I didn't think this was the time to explain the mechanics of creating bank reserves. I said, "We have $800 billion," referring to the pre-crisis size of the Fed's balance sheet. Barney looked stunned. He didn't see why the Fed should have that kind of money at its disposal.

As predicted, bankers remained nervous about the potential stigma of borrowing from the Fed.

By that point, of course, subprime lending had already virtually ended.

leaving the buyers who had lent at longer maturities holding the bag.

the PDCF carried some stigma

The buffer would ensure that banks built up their capital in good times, so that they could absorb losses and keep lending in bad times.

Our emergency liquidity lending took many novel forms.