Quotes About Banking

I robbed one of them little high-interest banks there. Thought I was doing a good service. You can't rob a thief, can you? I never robbed no citizens. I never taken a man's watch." "It is all stealing," said I. "That was the position they taken in New Mexico," said he.

Where our knowledge of beauty harmonizes with the ludus naturae, sorcery begins. No, not spoon-bending or horoscopy, not the Golden Dawn or make-believe shamanism, astral projection or the Satanic Mass--if it's mumbo jumbo you want go for the real stuff, banking, politics, social science--not that weak blavatskian crap.

Sound money and free banking are not impossible; they are merely illegal. Freedom of money and freedom of banking... are the principles that must guide our steps.

A bank book makes good reading — better than some novels.

I started in investment banking at Allen & Company in 1991. It was the go-go days of media mergers, and we were incredibly busy with one deal after another. Unlike typical investment banking groups, even in the midst of merger mania, we didn't have a formal face-time culture - and I felt empowered by that.

What the banking system needs is creditors who monitor risk and cut their exposure when that risk is too high. Unlike regulators, creditors and counterparties know the details of a deal and have their own money on the line.

When you're levered 9 to 1, it'd be unreal for a bank to go down.

The cultural issues, I think, at Wells Fargo went very, very deep. They have to unwind these cultural issues.

It is easier to rob by setting up a bank than by holding up a bank clerk.

Most banks tell their customers that they only pay a small upfront fee for international payments. But in reality, customers pay much more.

I have managed to infuriate the bank bosses; acquire a fatwa from the revolutionary guards of the trades union movement; frighten the 'Daily Telegraph' with a progressive graduate payment; and upset very rich people who are trying to dodge British taxes. I must be doing something right.

Our tree is actually a tree of the short-term interest rate. The average direction in which the short-term interest rate moves depends on the level of the rate. When the rate is very high, that direction is downward; when the rate is very low, it is upward.

There are a lot of ways that investment banking models work, but these risks are not internalized by the people that are taking them.

My aim was to make money for the bank. You lose track of the amounts involved when you are engaged in this kind of work.

You stick a credit card in a machine, and you pay $3 or whatever it is to get cash - your own money.

An ordinary person who wants to invest in the stock market or a mutual fund, or simply open a saving bank account, is bombarded by ever increasing compliance regulations under the pretext of automation, efficiency, better governance or prevention of money laundering.

With customers' permission, fintech firms have increasingly turned to data aggregators to 'screen scrape' information from financial accounts. In such cases, data aggregators collect and store online banking logins and passwords provided by the bank's customers and use them to log directly into the customer's banking account.

In Mexico, a network of government-operated rural convenience stores is offering banking services to rural communities.

Few human inventions are more complex and tightly coupled than the banking system; Charles

Bank accounts were not backed by anything but the good name of the people who ran the bank. And too many of them saw the personal savings of High Plains nesters as just another source of cash for the stock market or an ill-conceived business loan. No matter the exact cause: the First National was broke.

Hoosier born and bred, he claimed, from an old South Bend family that made its old money in the oil business. Or maybe it was coal. Or banking.

Often, there's a very basic, very dumb question at the center of a story that no one's asking. One of the biggest stories I ever did, 'The Giant Pool of Money,' was predicated on just such a dumb question: 'Why are the banks loaning money to people who can't possibly pay it back?' Asking the right dumb question is often the smartest thing you can do.

At Bank of America, customers shunned a product that offered fee-free checking without access to branches.

John D. Rockefeller wanted to dominate oil, but Microsoft wants it all, you name it: cable, media, banking, car dealerships.