Quotes About Financial

Since consumption is seen as a promising way to fulfillment and happiness, it has become an essential manner to impress the world around. Thus, financial status and outward appearance have become a required proof of self accomplishment and success. Sorry, insufficient funds, goodbye!

Debt rolls a man over and over, binding him hand and foot, and letting him hang upon the fatal mesh until the long-legged interest devours him.

They lingered over their coffee discussing alimony.

familiar with the "fine print" one received from financial institutions and health-insurance companies; the last thing one was supposed to do with those thousands of words was comprehend them.

If banks won't borrow because they fear that doing so might send a bad signal about their financial health, then having a lender of last resort does little good.

However, by August 16, financial conditions had deteriorated to the point where we were ready to be more aggressive.

but even there confidence was waning, notably overseas.

Life is unpredictable," I told them, thinking of both my own career path and the economy and financial system's roller-coaster ride over the past seven and a half years. I also gave them a working definition of my chosen profession: "Economics is a highly sophisticated field of thought that is superb at explaining to policymakers precisely why the choices they made in the past were wrong. About the future, not so much.

had helped make the Depression as terrible as it was.

I emailed, thanking her for the prompt response. "Amazing what a little credit crisis can do to motivate,

In retrospect I wonder whether I should have insisted earlier and more vigorously on persuading Congress to accept capital injections.

Hank's lifetime of contacts in the financial services industry came in handy here.

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

I arrived in Washington as a quiet, reserved professor—with a research background that proved to be quite useful in the financial crisis.

It is not the responsibility of the Federal Reserve—nor would it be appropriate—to protect lenders and investors from the consequences of their financial decisions.

I had found it difficult to choose, at the December meeting, between a quarter-point and a half-point rate cut.

But, despite all our efforts, panic persisted and credit remained frozen.

Improved financial conditions in turn seemed to be helping the economy. Payroll

Low-quality mortgages ended up imperiling the entire financial system—not so much because of the direct losses on the mortgages themselves, which were significant but likely manageable, but because of the securitization boom, which carved those mortgages into securities that became a ubiquitous form of currency and collateral throughout the system.

executive pay at any financial institution benefiting from the program should be restricted.

Given the seriousness of the threat posed to global financial stability by a Lehman bankruptcy,

One headwind was the lingering effects of the financial crisis.

Many in Congress wanted to cap pay at financial institutions that benefited from taxpayer dollars.

But the end of tightening seemed in sight.