Quotes About Banks

What actually happened in Europe was that over the decade of the introduction of the euro, very large core-country European banks bought lots of peripheral sovereign debt (which is now worth much less) and levered up (reduced their equity and increased their debt to make more profits) far more than their American cousins.

Central banks don't have divine wisdom. They try to do the best analysis they can and must be prepared to stand or fall by the quality of that analysis.

So the only time RICO was used to fight mortgage fraud was when the criminal was a black gang member and the victims were banks. (Ironically, nobody thought to wonder how it was possible for a Lincoln Park gang member to buy 222 houses with no money down. Heading into that particular rabbit hole would have led to the larger crime, but nobody did.)

Banks like Goldman remain largely shielded from the impact of public opinion because while the public's only link to power is through the clumsy and highly imperfect avenue of elections, a bank of this size has a whole network of intimate connections with direct access to policy. In

Banks commit the legal crime of fraud wholesale; they do so out in the open, have entire departments committed to it, and have employees who've spent years literally doing nothing but commit, over and over again, the same legal crime that some welfare mothers go to jail for doing once. But they're not charged, because there's no political crime. The system is not disgusted by the organized, mechanized search for profit. It's more like it's impressed by it.

The basic scam in the Internet age is pretty easy even for the financially illiterate to grasp. It was as if banks like Goldman were wrapping ribbons around watermelons, tossing them out fiftieth-story windows, and opening the phones for bids. In this game you were a winner only if you took your money out before the melon hit the pavement.

A loose definition of the Tea Party might be fifteen million pissed-off white people sent chasing after Mexicans on Medicaid by the small handful of banks and investment companies who advertise on Fox and CNBC.

this sounds like a Ponzi scheme it is because it is the mother of all Ponzi schemes. A merry go around of Ponzi Austerity which, interestingly, left both the insolvent banks and the insolvent Greek state a little more… insolvent

The euro and the ECB were designed in a way that blocks government money creation for any purpose other than to support the banks and bondholders. Their monetary and fiscal straitjacket obliges the eurozone economies to rely on bank creation of credit and debt. The financial sector takes over the role of economic planner, putting its technicians in charge of monetary and fiscal policy without democratic voice or referendums over debt and tax policies.

poverty is not the result of rapacious financiers exploiting the poor. It has much more to do with the lack of financial institutions, with the absence of banks, not their presence. Only when borrowers have access to efficient credit networks can they escape from the clutches of loan sharks, and only when savers can deposit their money in reliable banks can it be channelled from the idle rich to the industrious poor.

For this reason, within China the four state-owned banks in the 1980s were invariably referred to as "specialized banks" (????

For a generation, Tories have repeated Baroness Thatcher's acid line: "The trouble with socialism is that eventually you run out of other people's money." After the bailout of the banks, that seems to be the trouble with financial capitalism as well.

At the core of what happened with the Apaches and with AA was the concentration of power. Once people gain a right to property, be it cows or book royalties, they quickly seek out a centralized system to protect their interests. It's why we want our banks to be centralized. We want control, we want structure, we want reporting when it comes to our money.

He is overcome with the disease of love, the drunkenness of generations past. When are we ourselves, he wonders, trudging through the snow-covered banks, his coat illuminated by moon-light.

Oh the moonlight's fair tonight along the Wabash.From the fields there comes the breath of new-mown hay;Through the sycamores the candle lights are gleaming,On the banks of the Wabash, far away.

T]he ABCP market was built on a fatal flaw: a significant mismatch between the duration of the underlying assets (long-term) and the duration of the paper itself (short-term). While this structure is not unusual -- banks use it all the time -- the crucial difference is that banks have a strong liquidity provider in the event of a problem: the Bank of Canada. The trusts, however, were left in limbo.

The story raises the ugly truth about international banks assisting in the creation of a formidable enemy and then making tons of money financing an American war machine capable of containing it.

Det ser ut som en krypta. - Döden är förtroendeingivande. Alla banker är inredda som gravvalv.

banks, Cyber Scan fast scan and search – including all mobile frequencies. Scanning and search speed is 45 channels or increments