Financial Crisis Quotes

• Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.

  Lawrence Summers

  Greek, Investing, Blame

  81 Copy quote

• Being on a movie set is like one long financial crisis.

  John Cusack

  Long, Investing, Financial

  Interview with Paul Fischer, moviehole.net. April 14, 2003.

  62 Copy quote

  Show source

• The financial crisis should not become an excuse to raise taxes, which would only undermine the economic growth required to regain our strength.

  George W. Bush

  Growth, Financial, Excuse

  George W. Bush (2010). “Decision Points”, p.471, Random House

  54 Copy quote

  Show source

• The financial crisis appears to be mostly behind us, and the economy seems to have stabilized and is expanding again.

  Ben Bernanke

  Financial, Economy, Expanding

  "DAVID ROSENBERG: Mario Draghi Just Uttered His Famous Last Words" by Mamta Badkar, www.businessinsider.com. July 27, 2012.

  53 Copy quote

  Show source

• I saw the government really using the excuse of a weak economy and a financial crisis to create more government and to push onto the American entrepreneurial society more and more restraints and government activity.

  Rob Portman

  Government, Saws, Financial

  53 Copy quote

• I take great pride in having been able to overcome the Asian financial crisis and seeking the opportunities available to bring about an unprecedented growth in the economy

  Zhu Rongji

  Pride, Opportunity, Growth

  57 Copy quote

• No one should have to choose between medicine and other necessities. No one should have to use the emergency room every time a child gets sick. And no one should have to live in constant fear that a medical problem will become a financial crisis.

  Brad Henry

  Children, Medical Problems, Should Have

  55 Copy quote

• I want to see somebody go to jail over the financial crisis and not just black, brown and poor whites over humbles and minor drug beefs.

  Don Cheadle

  Jail, Drug, Black

  "Don Cheadle Says President Obama Should Have Been More ‘Gangster,’ Clarifies Comments". www.huffingtonpost.com. December 30, 2011.

  53 Copy quote

  Show source

• Asean is obviously a very important association for us. Over the past 30 years Asean has made great strides in regional cooperation covering a number of areas, although recently it has been under strain because of the financial crisis and other challenges.

  Hassanal Bolkiah

  Past, Years, Numbers

  53 Copy quote

• The financial crisis happened because no-one could actually say out loud how bad things were.

  Mark Ravenhill

  Financial, Loud, Crisis

  Source: voltairefoundation.wordpress.com

  15 Copy quote

  Show source

• There is definitely going to be another financial crisis around the corner because we haven’t solved any of the things that caused the previous crisis.

  Mark Mobius

  Financial, Crisis, Havens

  "Another Financial Crisis Is On The Way, Mobius Says" by Halah Touryalai, www.forbes.com. May 31, 2011.

  5 Copy quote

  Show source

• Financial crises are like fireworks: they illuminate the sky even as they go pop.

  James Buchan

  Sky, Financial, Fireworks

  15 Copy quote

• We need to ensure the poorest in the planet - who will be hardest hit by the financial crisis - are not forgotten.

  Kofi Annan

  Hardest Hit, Needs, Financial

  5 Copy quote

• What we know about the global financial crisis is that we don't know very much.

  Paul Samuelson

  Financial, Crisis, Knows

  "Economics 101: How Little They Know" by Jeff Jacoby, www.realclearpolitics.com. December 16, 2009.

  37 Copy quote

  Show source

• 'Nobody goes to jail.' This is the mantra of the financial-crisis era, one that saw virtually every major bank and financial company on Wall Street embroiled in obscene criminal scandals that impoverished millions and collectively destroyed hundreds of billions, in fact, trillions of dollars of the world's wealth - and nobody went to jail.

  Matt Taibbi

  Wall, Jail, Facts

  "Why Isn't Wall Street in Jail?". Article by Matt Taibbi, www.rollingstone.com. February 16, 2011.

  22 Copy quote

  Show source

• I believe that the root cause of every financial crisis, the root cause, is flawed government policies

  Henry Paulson

  Believe, Government, Roots

  6 Copy quote

• September and October of 2008 was the worst financial crisis in global history, including the Great Depression.

  Ben Bernanke

  October, September, Financial

  "Report Details Wall Street Crisis". "The Wall Street Journal", January 28, 2011.

  6 Copy quote

  Show source

• One intriguing subplot of the economic crisis is the failure of most economists to predict it. Here we have the most spectacular economic and financial crisis in decades - possibly since the Great Depression - and the one group that spends most of its waking hours analyzing the economy basically missed it.

  Robert J. Samuelson

  Groups, Analyzing, Waking

  5 Copy quote

• There is a basic lesson on financial crises that governments tend to wait too long, underestimate the risks, want to do too little. And it ultimately gets away from them, and they end up spending more money, causing much more damage to the economy.

  Timothy Geithner

  Government, Long, Waiting

  9 Copy quote

• What we call a financial crisis is really at its core a crisis of management, and not just a crisis of management, but a crisis of management culture. ...In other words, what you had is a detachment of people who know the business from people who are running the business.

  Henry Mintzberg

  Running, People, Democracy

  "MBA: Mostly bloody awful". "Background Briefing" with Stephen Crittenden, www.abc.net.au. March 29, 2009.

  23 Copy quote

  Show source

• Financial crises require governments.

  Timothy Geithner

  Government, Financial, Crisis

  8 Copy quote

• The financial crisis of 2008 was not caused by investment banks betting against the housing market in 2007. It was caused by the fact that too few investors - including all of the big investment banks - bet too heavily on the housing market in the years before 2007.

  James Surowiecki

  Years, Facts, Financial

  "The Goldman Hearings: Levin vs. Wall Street". www.newyorker.com. April 27, 2010.

  17 Copy quote

  Show source

• Managing and navigating through a financial crisis is no fun at all.

  Howard Schultz

  Fun, Financial, Crisis

  "Starbucks CEO Howard Schultz discusses turnaround". Interview with Melissa Allison, www.seattletimes.com. March 12, 2011.

  5 Copy quote

  Show source

• Let us not forget, the financial crisis had its roots in the decision by Congress to embark on a course of social justice to get everyone that wanted a home into one, regardless of whether or not they could afford it.

  Ed Royce

  Home, Roots, Justice

  6 Copy quote

• There was a time when if you had a financial crisis in Southeast Asia somewhere, it had no impact on our markets. Today it does.

  Barack Obama

  Impact, Doe, Today

  Source: time.com

  4 Copy quote

  Show source