Banking Quotes - Page 9

• Investment banks manage to go bankrupt through their investment-banking activities, commercial banks manage to go bankrupt through their commercial-banking activities.

  Ben Bernanke

  Commercial Banks, Investment, Activity

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• Hollywood is a small, familial place. Everyone does business with everybody else. The same complications occur in investment banking.

  Michael Ovitz

  Hollywood, Doe, Investment

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• 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.

  Henri de Toulouse-Lautrec

  Wise, Practice, Giving

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• When the Federal Reserve Act was passed, the people of these United States did not perceive that a world banking system was being set up here. A super-state controlled by international bankers and international industrialists acting together to enslave the world for their own pleasure. Every effort has been made by the Fed to conceal its powers but the truth is - The Fed has usurped the government!!

  Louis Thomas McFadden

  Government, People, Effort

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• I particularly remember the time I gave (the research director) my paper on the banking industry. I felt very proud of my work. However, he read through it and said, 'This is useless. What makes the stock go up and down?' That comment acted as a spur. Thereafter, I focused my analysis on seeking to identify the factors that were strongly correlated to a stock's price movement as opposed to looking at all the fundamentals. Frankly, even today, many analysts still don't know what makes their particular stocks go up and down.

  Stanley Druckenmiller

  Spurs, Directors, Analysis

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• In my opinion humanity is being prayed upon, I mean as a species. Not only by old satanic families like the Rothschilds and Rockefellers, Collins, Dupont, Warner, Russell, the world's monarchies, the Vatican. But also prayed upon by these family's employees, by governments, by the military, by banking institutions, by academia. So who does that leave? That's all the people who aren't wealthy, aren't connected, aren't educated, who are easy to manipulate, are easy to persecute and who don't believe any of the issues which you cover on Red Ice. And that's a problem. And that breaks my heart.

  Sean Young

  Military, Believe, Heart

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• On the Glass-Steagall thing, like I said, if you could demonstrate to me that it was a mistake, I'd be glad to look at the evidence. But I can't blame [the Republicans]. This wasn't something they forced me into. I really believed that given the level of oversight of banks and their ability to have more patient capital, if you made it possible for [banks] to go into the investment banking business as continental European investment banks could always do, that it might give us a more stable source of long-term investment.

  William J. Clinton

  Mistake, Glasses, Long

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• Sound money and free banking are not impossible; they are merely illegal.

  Hans F. Sennholz

  Sound, Impossible, Illegal

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• The real menace of our Republic is the invisible government which like a giant octopus sprawls its slimy legs over our cities, states and nation. At the head is a small group of banking houses... This little coterie...runs our government for their own selfish ends. It operates under cover of a self-created screen...seizes...our executive officers...legislative bodies...schools... courts...newspapers and every agency created for the public protection.

  John Francis Hylan

  Running, Selfish, Real

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• The Federal Reserve Bank of New York is eager to enter into close relationship with the Bank for International Settlements....The conclusion is impossible to escape that the State and Treasury Departments are willing to pool the banking system of Europe and America, setting up a world financial power independent of and above the Government of the United States....The United States under present conditions will be transformed from the most active of manufacturing nations into a consuming and importing nation with a balance of trade against it.

  Louis Thomas McFadden

  Money, New York, Independent

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• The job has its grandeurs, yes. There is the exultation of arriving safely after a storm, the joy of gliding down out of the darkness of night or tempest toward a sun-drenched Alicante or Santiago; there is the swelling sense of returning to repossess one's place in life, in the miraculous garden of earth, where are trees and women and, down by the harbor, friendly little bars. When he has throttled his engine and is banking into the airport, leaving the somber cloud masses behind, what pilot does not break into song?

  Antoine de Saint-Exupery

  Song, Jobs, Night

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• I am alive. Up here with the song of the engine and the air whispering on my face as the sunlight and shadows play upon the banking, wheeling wings, I am completely, vibrantly alive. With the stick in my right hand, the throttle in my left, and the rudder beneath my feet, I can savor that essence from which life is made.

  Stephen Coonts

  Song, Hands, Essence

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• The money problem facing the country from 1789 to 1896 existed because Congress never exercised is authority to "coin money or regulate the value thereof" - but rather delegated that authority, sometimes by charter and sometimes by default, to the banking system. This despite the provision in the Constitution that charged Congress with the power to 'coin money, regulate the value thereof, and of foreign Coin, and fix the Standards of weight and Measures.'

  William Jennings Bryan

  Country, Coins, Weight

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• The gang that trashed the town was now back in town to trash it even more and you'll never guess.. they decided that the only way to save an economy brought to its knees by their collective actions and the banking system they represent was to, well, no, surely not.. hand trillions of taxpayer-borrowed dollars to the Rothschild-controlled banks and insurance companies like CitiGroup, J. P. Morgan, AIG and a long list of others.

  David Icke

  Hands, Long, Way

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• Indeed, better risk management may be the only truly necessary element of success in banking.

  Alan Greenspan

  Risk, Elements, May

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• Bankers know that history is inflationary and that money is the last thing a wise man will hoard

  Will Durant

  Wise, Men, Lasts

  Will Durant, Ariel Durant (2012). “The Lessons of History”, Simon and Schuster

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• This is the twilight of the banks. It would be a more cheerful spectacle if we could envision the dawn of the institutions that will replace them

  Martin Mayer

  Twilight, Cheerful, Would Be

  Martin Mayer (1985). “The money bazaars: understanding the banking revolution around us”, Signet

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• A bank book makes good reading - better than some novels.

  Sir Harry Lauder

  Money, Book, Reading

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• We can remove poverty from the surface of the earth only if we can redesign our institutions - like the banking institutions, and other institutions; if we redesign our policies, if we look back on our concepts, so that we have a different idea of poor people.

  Muhammad Yunus

  Ideas, People, Different

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• Good resolutions are simply checks that men draw on a bank where they have no account.

  Oscar Wilde

  Funny, New Year, Holiday

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• Anyone interested in the past, present, or future of banking and financial crises should read The Bankers' New Clothes. Admati and Hellwig provide a forceful and accessible analysis of the recent financial crisis and offer proposals to prevent future financial failures. While controversial, these proposals--whether you agree or disagree with them--will force you to think through the problems and solutions.

  Michael J. Boskin

  Past, Thinking, Clothes

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• The dominion which the banking institutions have obtained over the minds of our citizens...must be broken, or it will break us.

  Thomas Jefferson

  Broken, Historical, Mind

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• Tragically, some people believe they are going to heaven when they die just because a few drops of water were sprinkled over their heads a few weeks after their birth. They have no personal faith, have never made a personal decision, and are banking on a hollow ceremony to save them. How absurd.

  Max Lucado

  Believe, People, Water

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• Those not favorable to the money trust could be squeezed out of business and the people frightened into demanding changes in the banking and currency laws which the Money Trust would frame.

  Charles August Lindbergh

  Law, People, Historical

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• I was as secretive - indeed, as furtive - as any conspirator. Discovery, we knew, simply must not happen, or else all our time and effort would be wasted. If it were to be exposed that our particular group had got together and written a banking bill, that bill would have no chance whatever of passage by Congress.

  Frank A. Vanderlip

  Discovery, Effort, Historical

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