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Banks Quotes
Banks Quotes
When I first decided to open a restaurant, I was turned down by several banks. It was the late 80's and many restaurants were failing. I refused to give up because I knew I had a good concept.
Emeril Lagasse
Good
First
Down
Late
Several
Restaurant
Restaurants
Give
Open
Had
Knew
Failing
Concept
Because
Were
Up
Refused
Banks
Decided
Turned
Many
Managing directors at top-tier investment banks may pocket a million a year and be worth tens of millions after a long career. Early employees at tech firms like Uber, Airbnb, and Snapchat can make many times that amount of money in a matter of years.
Emily Chang
Money
Worth
Matter
Long
Employees
Year
Airbnb
Pocket
Long Career
Directors
Investment
Tens
Tens Of Millions
Like
Make
Years
Snapchat
Times
Managing
May
Banks
After
Many
Tech
Amount
Million
Early
Millions
Career
Mediobanca is undervalued but less undervalued than other banks.
Ennio Doris
Other
Undervalued
Than
Banks
Less
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.
Eric Cantona
Power
Destroyed
System
Through
Around
Built
Revolves
Banks
If banks anticipate government will come to the rescue should the credit market go badly awry, they may make loans that would otherwise be imprudent, e.g. subprime loans with little prospect of repayment.
Eric Maskin
Government
Will
Otherwise
Market
Would
Badly
Prospect
Come
Make
Repayment
Go
Anticipate
Imprudent
May
Banks
Little
Should
Rescue
Credit
Awry
Loans
A contingent bailout policy - implicit or explicit - must be coupled with some regulation of what banks can and cannot do. For example, a ban on lending to uncreditworthy customers might well make sense.
Eric Maskin
Example
Sense
Must
Some
Implicit
Bailout
For Example
Well
Coupled
Make
Policy
Contingent
Ban
Banks
Cannot
Lending
Explicit
Customers
Might
Regulation
I'm much more confident with crypto than with banks or fiat currency because I can actually control it, and the money supply is transparent, stated up front. It makes online shopping a lot easier and a lot safer.
Erik Voorhees
Shopping
Money
Control
Stated
Easier
Online
More
Supply
Crypto
Safer
Because
Makes
Lot
Up
Than
Currency
Front
Confident
Fiat
Banks
Much
Transparent
Actually
All the central banks are doing is substituting one form of debt with another form of debt. They're issuing short term debt and using it to buy long term debt. In finance, we tend to think that's a neutral activity, even though those stimulus programs are huge.
Eugene Fama
Finance
Buy
Long
Think
Programs
Those
Though
Tend
Neutral
Long-Term
Term
Another
Doing
Stimulus
Huge
Debt
Short
Banks
Form
Central
Short-Term
Using
Even
Activity
It is no wonder that bank capital is regulated. When borrowing and lending is profitable, it is tempting for banks to scale up their operations and to borrow and lend too much in relation to their capital, in effect reducing the effectiveness of the potential capital cushion.
Evan Davis
Too Much
Too
Relation
Scale
Borrow
Borrowing
Tempting
Potential
No Wonder
Operations
Reducing
Effect
Up
Effectiveness
Wonder
Bank
Banks
Cushion
Lend
Lending
Capital
Much
Profitable
The U.S. must differentiate between controversial assertions of power, like those in the South China Sea, and fair reflections of China's growing contribution to the world, such as the new banks.
Evan Osnos
World
Power
Those
Must
Between
New
Fair
Like
South
Reflections
Contribution
Controversial
Banks
China
Sea
Growing
Differentiate
In the 1970s, New York City avoided bankruptcy because wise political leaders like Gov. Hugh L. Carey believed both in strong labor unions and robust banks and companies.
Felix Rohatyn
Wise
Strong
Political
Unions
City
Both
Leaders
New
Like
Because
Robust
Political Leaders
Labor
Hugh
York
New York
New York City
Bankruptcy
Banks
Avoided
Companies
Believed
Banks are so protected from liability they would have to really do something that was their mistake in order for them to be liable for it. Banks don't look at signatures. They're processing millions of checks and they have very little liability.
Frank Abagnale
Mistake
Liable
Would
Something
Checks
Look
Protected
Very
Order
Banks
Processing
Little
Them
Really
Millions
Liability
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.
Garry Tan
Good
Needs
Bitcoin
Destroy
Bad
Someone
Potential
Good Thing
Bad Thing
Idea
Like
Know
Without
Maybe
Being
Banks
Payments
Credit
Credit Cards
Thing
Cards
The problem with the focus on speculators, as was demonstrated during the financial crisis, is that it tends to divert attention from the real villains. During the financial crisis, the villains were the actions of the banks, not the speculators betting on bank share prices.
Gary Weiss
Problem
Financial
Focus
Financial Crisis
Crisis
Divert
Tends
Prices
Share
Attention
Betting
Real
Were
Bank
Banks
The Problem With
Actions
Villains
We need to think deeply about whether we can sustain banks that are not only too big to fail, but potentially too big to bail.
George Osborne
Big
Think
Too
About
Only
Potentially
Fail
Bail
Sustain
Banks
Whether
Deeply
Need
I've always wanted to work with Elizabeth Banks. She's so talented and funny, and she's become this force of nature - directing, producing. Being around her is kind of inspiring.
Gillian Jacobs
Work
Funny
Nature
Become
Kind
Directing
Inspiring
Talented
She
Force
Around
Always
Being
Wanted
Banks
Producing
Her
Elizabeth
Planes don't fly, trains don't run, banks don't operate without much of what IBM does.
Ginni Rometty
Fly
Run
Operate
Without
Does
Trains
Banks
Planes
Much
Only institutions that go about the old-fashioned business of taking in deposits from customer A and lending them out to customer B should be called banks. The rest should call themselves what they are. 'Parlors' would be appropriate, or 'dens' - words more suitable to venerable betting pursuits.
Graydon Carter
Business
Words
Rest
Suitable
Appropriate
Out
Would
Would-Be
About
More
Only
Pursuits
Taking
Betting
Venerable
Institutions
Call
Go
Banks
Lending
Customer
Them
Themselves
Should
Old-Fashioned
Even before the expansion of slave labor in the South and into the West, slavery was already an important source of northern profit, as was the already exploding slave trade in the Caribbean and South America. Banks capitalized the slave trade, and insurance companies underwrote it.
Greg Grandin
Important
Before
Profit
Caribbean
Trade
Insurance
Insurance Companies
Source
West
South
South America
Labor
Expansion
America
Northern
Banks
Exploding
Companies
Even
Slave
Slavery
We need banks and financiers and entrepreneurs to take risks because that's how economies grow over time.
Greg Ip
Time
Risks
Financiers
Entrepreneurs
Take
Over
Economies
Because
How
Banks
Grow
Need
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.
Henry Paulson
Government
Time
Good
You
Blame
People
Financial
Beginning
Financial Crises
Crises
Good Reason
Had
Almost
Failed
Look
Policies
Always
Causes
Government Policies
Banks
Root
Reason
Don't blame Wall Street, don't blame the big banks. If you don't have a job and you are not rich, blame yourself!
Herman Cain
You
Blame
Yourself
Job
Big
Rich
Wall
Wall Street
Banks
Street
I was Chairman of the Federal Reserve Bank of Kansas City. As you know, there are twelve banks and they have their citizens board, and I got elected to the Fed Chairmanship for the Federal Reserve Kansas City Bank back in the mid-'90s. It might have been 1995-'96.
Herman Cain
You
Back
Citizens
City
Fed
Federal
Federal Reserve
Know
Got
Been
Bank
Banks
Board
Might
Elected
Kansas
Kansas City
Twelve
Chairman
Reserve
When ATM machines came out and people were prosecuted for robbing ATM machines, I don't think anybody thought the banks were against technology because they didn't want their ATM machines lifted.
Hilary Rosen
Technology
People
Thought
Think
Machines
Out
ATM
Lifted
Prosecuted
Robbing
Because
Came
Were
Anybody
Want
Banks
Against
In the United States, the government is bailing out banks, intervening in the economy, yet in Latin America, the Right continues to talk about 'free markets.' It's totally outdated; they don't have arguments; they don't have any sense.
Hugo Chavez
Government
Free
Argument
Sense
Intervening
Latin
Latin America
States
Markets
Out
Outdated
Totally
About
Free Markets
Bailing
Economy
Talk
America
Any
Banks
United
United States
Right
I don't think I have one particular favourite writer. I have many whose works I will always buy or reread - Muriel Spark, Anthony Powell, Robert Louis Stevenson, Ruth Rendell, James Ellroy, William McIlvanney, Kate Atkinson, John Burnside, Louise Welsh, Iain Banks.
Ian Rankin
Buy
Will
Think
William
Favourite
John
Ruth
Writer
Particular
Robert
Stevenson
Always
Welsh
Louis
Louise
James
Banks
Spark
Kate
Many
Works
Whose
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