Quotes About Trusts

Income-producing unit trusts are brilliant because if you can accept capital values will be volatile for a while, your dividend income will always be higher than what you get in the bank.

Liberty produces wealth, and wealth destroys liberty," Henry Demarest Lloyd wrote in Wealth Against Commonwealth, an influential 1902 indictment of the trusts. "The flames of a new economic evolution run around us, and we turn to find that competition has killed competition, that corporations are grown greater than the State . . . and that the naked issue of our time is with property becoming master, instead of servant.

Ever heard of collateralized debt obligations? Mortgage-backed securities? Non-bank asset-backed commercial paper? What about income trusts? Or even mutual funds?

In time, the government redefined the rules of the capitalist game to tame trusts and preserve competition, but as John D. Rockefeller set about building his fortune, the absence of clear-cut rules probably aided, at first, the creative vigor of the new industrial economy.

This doctrine vastly expanded judicial discretion and opened a loophole large enough to tolerate many trusts.

the government should rein in irresponsible trusts but not meddle with good ones.

What the American economy needed instead were new cooperative forms (trusts, pools, monopolies) that would restrain grasping individuals for the general good.

los hombres no son sólo meros compradores de los productos en serie producidos por los grandes trusts, sino que parecen incluso producidos por la omnipotencia de éstos, perdiendo su propia individuación.

Through such trusts, he would convert financiers from servants to masters of their clients.

For Lloyd, the essence of Standard Oil power resided in its secret alliances with the railroads, which had fostered the growth of many trusts.

To the dismay of critics, Standard Oil and other trusts fared quite well during the prolonged downturn.

About his nose, Pierpont could be more sensitive than he was about his trusts.

A man's rights are not merely decorations or ends in themselves. They are opportunities, instruments, trusts. And when any man has them, it means that he is placed on a vantage-ground from which, secure of oppression or interference, he may begin to do his duty.[

How about REITs? David told me he likes "real estate investment trusts that own big central business district office buildings and big regional malls and industrial buildings. They generally throw off a high-income component.

If treachery is the reward of trust, will the man who trusts come to harm?

I see the labyrithine trusts would appeal to a scholarly mind.

There are some really good experiments with the youth offending service, joining up youth offending teams with the youth justice board, and good local authority and primary care trusts working together.

A lot of heart breaks, broken trusts have given me the perspective that you have got to choose what affects you and what does not, because it is a crazy life out there.

We have moved from treating funds as investment trusts designed to serve their owner-beneficiaries to treating funds as consumer products, designed to attract the largest possible assets. This new approach has ill-served the interests of fund shareholders.

The new law will create inflation whenever the trusts want inflation. From now on depressions will be scientifically created.

The lawyer specializes in wills and trusts. The lawyer wants to know all details of your financial life. A good lawyer will create personalized documents that address your exact financial situation. You will be charged a flat fee. No hourly billing. The fee includes the creation of all three documents. The fee includes funding your trust. The quote includes time to review the entire document—word by word—with you. Remember, power is knowing exactly what you have.

No os habéis preocupado jamás por saber lo que será de vosotros cuando los mismos consorcios se fusionen en el trust de los trusts, en una organización a un tiempo social, económica y política.

The great corporations which we have grown to speak of rather loosely as trusts are the creatures of the State, and the State not only has the right to control them, but it is duty bound to control them wherever the need of such control is shown.

As we view the achievements of aggregated capital, we discover the existence of trusts, combinations, and monopolies, while the citizen is struggling far in the rear or is trampled to death beneath an iron heel. Corporations, which should be the carefully constrained creatures of the law and the servants of the people, are fast becoming the people's masters.