Quotes About Banks

If you could really insure banks and other lenders against default risk, that might well unleash a great wave of capital into the economy.

It was surprisingly hard for insiders to draw this "map" of all the financial flows that shaped the City. They could see pieces of this picture. There was excellent data about equity listings, say. But none of the people working in private sector banks or government institutions could offer an easy-to-follow idiot's guide to show how all these flows interacted.

He had not been in El Paso for years, and they had developed it considerably since then, he'd heard, along the lines of sin and salvation. They had churches and a Republican or two and a smart of banks and a symphony orchestra and five railroads and a lumberyard and the makings of a library. So much for sin. On the side of salvation they had ninety-some saloons, just shy of one for every hundred citizens, although municipal goodyism had moved the gambling rooms out back or upstairs.

In rural America, small-town drivers warned me about the growing power of such neofascist groups as the Posse Comitatus in the Midwest and the Aryan Nation in the Northwest. Local banks were afraid to foreclose on their farms, and police hesitated to help repossess farmhouses and barns when they knew their occupants to be well armed.

The Congress has had an uneasy relationship with banks and bankers since Alexander Hamilton. It took the United States until 1913 to set up a central bank. The Federal Reserve earned its hard-won independence over years of effort.

Well, I like regulation as little as anybody else. It can be intrusive. It can be detailed. It can be bureaucratic. It can be unevenly administered. It can be unfair. But most regulations that we have for mutual funds and for banks are regulations that we earned. We did something wrong and we're paying a price for it.

Traditional consumer finance has been unfair for decades. Banks have had a monopoly on financial services and have been able to overcharge and underserve consumers.

Every democratic system evolves its own conventions. It is not only the water but the banks which make the river.

I want to say very clearly that the government... is ready to intervene in order to guarantee the stability of banks and the savings of our citizens.

Businesses in my constituency want help to address the skills mismatch at local level which leaves employers with staff shortages and young people without jobs. They want access to reliable sources of finance, including a network of local banks.

The white spruce forest along the banks is most inspiring, magnificent here. Down the terraced slopes and right to the water's edge on the alluvial soil it stands in ranks.

All the light was now coming from the East; and it looked breathtakingly new. In a very short time, everything was nationalized, from banks to factories, from pharmacies to little distilleries.

there, on its banks, build a raft to cross it. The river lay many miles to the north, and the task

The banks cannot hold back or withdraw from the dilemma in which their mode of doing business has placed them. They must carry the load to save their margins.

In the late 19th century there was a major union organization, Knights of Labor, and also a radical populist movement based on farmers. It's hard to believe, but it was based in Texas, and it was quite radical. They wanted their own banks, their own cooperatives, their own control over sales and commerce.

If credit unions can grow and prosper with a 15 percent cap, so can banks.

PayPal was disruptive, it was democratizing, and it had universal appeal. It gave power to millions and millions of individuals and reduced monopolist control from nations, banks, and other huge corporations.

PayPal exists because banks are not interoperable: I can't efficiently pay you $10 unless I'm giving you a $10 bill. So we're all on PayPal and Venmo, I need interoperability on the same ledger.

I am pleased to be part of Promontory's steady efforts to assist banks and other financial firms in meeting legal and regulatory obligations and challenges.

RelayRides and WhipCar, AirBnB, Roomorama and One Fine Stay are all stellar examples of how new, access-based offers entice and provoke insurance companies and banks to re-think risk, value, customers and deal terms.

There are few things in politics more annoying than the Right's utter conviction that it owns the patent on the word 'freedom' that when its leaders stand up for the rights of banks to be unregulated or capital gains to be untaxed, that it is actually and obviously standing up for human liberty, the noblest cause of them all.

Its characteristic goal is not to get banks and monopolies under control, as populism typically does, but to set up a nonprofit, attract funding from banks and monopolies, and then Ã¢â'¬Â¦ to scold the world for its sins.

If Americans ever allow banks to control the issue of their currency, first by inflation and then by deflation, the banks will deprive the people of all property until their children will wake up homeless.

He was able (this being the Depression) to buy used desk calculators cheaply from ailing banks and to hire a group of young people, through the New Deal's National Youth Administration, to do computations at fifty cents an hour.