Quotes About Banks

The Obama administration's plan is to have the Federal Reserve regulate banks that might pose a 'systemic risk' if they were to fail.

When I first came to the city, a line of people often helped me discover an exciting premiere or a big sale; in 1931, such queues more often ended at soup kitchens or collapsing banks.

The intricacies of contracts and the evolving stringency of the rules governing banks absorbed and grounded me, even as my entanglements with men—queer men, as Felix taught me to say—gave my body and heart the occasional flight.

Among many other things, the Depression changed how I felt about crowds: When I first came to the city, a line of people often helped me discover an exciting premiere or a big sale; in 1931, such queues more often ended at soup kitchens or collapsing banks.

The state arbitrarily set the mortgage interest rate at 8.5 percent—below the prime rate of 9 or so percent—so banks could make more money out of state. The bottom line for financial institutions is profit.

What is the system? It revolves around the banks, the system is built on the power of the banks, so it can be destroyed through the banks.

We now have power under the Dodd-Frank legislation to break up banks. And I've said I will use that power if they pose a systemic risk.

The States should be urged to concede to the General Government, with a saving of chartered rights, the exclusive power of establishing banks of discount for paper.

Have you not made a universal shout,That Tiber trembled underneath her banks,To hear the replication of your soundsMade in her concave shores?

Why do you rob banks, Willie?) Because that's where the money is.

Jefferson) was deeply suspicious of Hamilton's assumption plan (by which the nation would assume responsibility for the states' individual war debts.) He feared this was yet another example of the avaricious hand of the unscrupulous money powers, the sprawling, hydra-headed creature associated with banks, stock markets and devious speculators, especially in New York, Boston, and the City of London, not to mention unrepublican, unAmerican attitudes of all kinds - everything he despised.

America's critics can be heard everywhere. It is too much in love with money - worshipping the god of the marketplace, the golden calf. It has too much money, seven of the top 10 banks, eight of the top 10 companies etc. It is too stingy, giving away less of its wealth than other countries. It is vulgar, a rich barbarian.

I am probably not alone in sensing above me the huge corporations and monstrous banks, science, politics and technologies, spy satellites and stock markets, military systems and massive wealth - forces and dynamics I don't understand or can hardly imagine.

Being some country lad from the banks of the River Boyne, I never wanted to be wealthy. I was driven by artistic intention.

Banks operate like a man who either wears his trousers round his chest, stifling breathing, as now, or round his ankles, exposing his assets. We want their trousers tied round their middle: steady lending growth; particularly to productive British business, especially small scale enterprise.

I'm a lover of fashion websites.

From the beginning of time, we've had financial crises. People always blame the banks and for good reason. When you look for the root causes, they're almost always failed government policies.

Country banks are more flexible in their lending policies than their city brethren are.

Dillinger at one point was the second most popular man in America after President Roosevelt. And he was a national hero for a good reason. He was robbing the very institutions, the banks, which had afflicted the people for four years, and after four years nothing was getting any better.

Bitcoin has the potential to destroy credit cards and banks as we know it. Maybe that is a good thing or a bad thing, but I like the idea that if someone needs to remit payments, they can do it without being gouged.

European and American banks are conservative in the sense that they don't come at their full strength to markets where we are; that leaves us an opportunity to be successful.

If the big banks expect to buy influence when they give money to favored think tanks, then the public has a right to know. If the big banks don't expect to buy influence and are merely making charitable contributions, then their shareholders have a right to know. Either way, there's no excuse for keeping these payments secret.

Important New York banks realized that because bankers had hypothecated the Central Pacific's securities repeatedly, they were effectively worthless as collateral. It was better to strike a deal with the Central Pacific; otherwise the chain of debt would choke even more banks. Jay Gould scavenged the Union Pacific, saving it from bankruptcy and setting up what would eventually become one of his biggest financial killings.43

He became convinced that ordinary commercial financing could be done for a service charge plus an insurance fee amounting to much less that the current rates of interest charged by banks, whose rates were based on supply and demand, treating money as a commodity rather than as a sovereign state's means of exchange.