Quotes About Banking

When the banks crashed the global economy in 2007-08, it was they who received a bailout while the rest of us got austerity.

Canadians know that the promise of a recession didn't happen because of anything we did here. If you look at all the causes of the recession, problems in mortgage markets, the problems in the banking sector, the problems in government finance in countries like Greece, none of those problems were in present Canada.

We do recognise that there are areas where the current financial services market, the banking market, just isn't working for chunks of the British economy.

Most people don't reconcile their bank accounts.

We have to make sure that the banks pay every nickel of loan losses that they create, but we don't want to hold them responsible for withdrawals if we want the economy to recover.

I think we would define the role for us in the future as helping customers in what we would call an energy-banking concept.

Fortuna se ha convertido en «fortuna», en el sentido del contador y del banquero.

With post offices and postal workers already on the ground, USPS could partner with banks to make a critical difference for millions of Americans who don't have basic banking services because there are almost no banks or bank branches in their neighborhoods.

I founded Grameen Bank to provide loans to those considered traditionally unbankable. Grameen Bank works with the poorest and often illiterate, providing uncollateralized micro-loans for tiny business enterprises by which they can lift themselves and their families out of poverty.

My team and I tried cashing checks at check-cashing places and paying bills by money order. It's incredibly inconvenient and time-consuming - it's practically a part-time job just to manage and move your money.

Credit card companies are jacking up interest rates, lowering credit limits, and closing accounts - and people who have made timely payments are not exempt. So even if you pay off your balance - and that's tough when interest rates are insanely high - there's a good chance your credit limit will be slashed, and that will hurt your FICO score.

Drive-in banks were established so most of the cars today could see their real owners.

Today, if you look at financial systems around the globe, more than half the population of the world - out of six billion people, more than three billion - do not qualify to take out a loan from a bank. This is a shame.

Over the following years, the farmers adopted even more daring political proposals, such as the abolition of private interstate banking; the nationalization of railroads, of urban public transport, of the telegraph and the recently invented telephone; a graduated income tax, the secret ballot, and direct election of senators.

Under neither the George W. Bush nor the Obama administrations were conditions attached to the taxpayer-funded assistance banks were handed. No one leveraged the collapse of the banks' moral authority. The U.S. government chose not to use our money to intimidate the banks.

We were at the stage where in a very short period of time, one of the world's biggest banks would have to shut the door and switch off the electricity.

The Crusaders lead to the Knights Templar; the Knights Templar lead to the Masons; and the Masons lead to the Shriners, a secret society that controls world government, toys with our banking system, and single-handedly keeps the fez industry afloat.

The wise woman patterns her life on the theory and practice of modern banking. She never gives her love, but only lends it on the best security and at the highest rate of interest.

Nationally, 22 percent of Americans reported overdrawing their bank accounts at least once in the previous twelve months,

If a systemic crisis occurs, the FDIC may rescue a bank in the non-least-cost-way—for example, by paying off creditors who are not covered by deposit insurance or keeping a bank temporarily alive when it is insolvent—when nonpayment of creditors or the bank's failure would threaten the system.

While the Fed is usually identified as the Lender of Last Resort (LLR) in the United States, the LLR function is actually shared by the Fed and FDIC.

Banking!" Mathis was saying. "What is it but usury? Bankers are money lenders, usurers. But because they lend other people's money or money that does not exist, they have a pretty name. They are still usurers. Once, usury was a mortal sin and an abomination, and to be a usurer was to be a criminal for whom there was a prison cell. To-day the usurers are the gods of the earth and the only mortal sin is to be poor.

Il sistema bancario!" stava dicendo Mathis. "Che cos'è, se non usura? I banchieri sono strozzini; usurai. Ma siccome prestano soldi altrui, o soldi che non esistono, hanno un buon nome. Sono comunque usurai. Una volta, l'usura era un peccato mortale e una vergogna, e l'usuraio era un criminale che andava in prigione. Oggi, gli usurai sono gli dèi della terra, e l'unico peccato mortale è la povertà".

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