Bank Quotes - Page 20

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Most of the time, your risk management works. With a systemic event such as the recent shocks following the collapse of Lehman Brothers, obviously the risk-management system of any one bank appears, after the fact, to be incomplete. We ended up where banks couldn't liquidate their risk, and the system tended to freeze up.

A peaceful resolution to the Israeli-Palestinian conflict will likely depend to a great extent on the economic development of a future Palestinian state. As I have argued before, private sector investment - especially in the West Bank - is going to prove crucial in creating the right political and social context for peace.

When I visited Jerusalem and the West Bank back in 2008, I was shocked by how individual Palestinians and whole Palestinian communities were treated by the Israeli government. From the illegal settlements to daily humiliations at checkpoints, the evidence of gross injustice and the human suffering it brings is indisputable.

In some ways, Israel has achieved a peace. There are fewer rockets being sent into Sderot, there are no rockets to speak of from the North, there has been very little terrorism from the West Bank. It's a kind of peace. I hope for a better and more enduring peace. Peace is not an endgame; we will never be completely at peace.

I've often made critical comments about settlement expansion in the occupied West Bank and in east Jerusalem, and my position hasn't changed. At the same time, it's equally important to me that the two sides, both Israel and the Palestinians, work towards a durable peace settlement: that's to say a viable two-state solution.

I really love the combination of Israel and England. They are completely different. The British are very private and keep things to themselves, while Israelis aren't that way. In England, I couldn't make friends with people in the supermarket or people who work at my bank or post office, but in Israel I can, and I like that.

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.

Like most plutocrats, I, too, am a proud and unapologetic capitalist. I have founded, cofounded or funded over 30 companies across a range of industries. I was the first non-family investor in Amazon.com. I cofounded a company called aQuantive that we sold to Microsoft for 6.4 billion dollars. My friends and I, we own a bank.

All the way back in 1999, when I first stumbled upon the idea of a project tracking John Dillinger and Baby Face Nelson and all the major Depression-era bank robbers, I thought the subject was too big to be a single book. Instead, with a friend's help, I pitched the idea as a miniseries to HBO. To my amazement, they bought it.

It's a bit weird, because I don't really know what people expect or think being political is; I just don't get it. What am I supposed to do as a pop star-stroke-revolutionary? Get up and put my balaclava on, go to the grocery store and then invent some Google viruses, and then go to rob a bank to fund my revolution on YouTube?

When running a Ponzi scheme, how does one avoid enormous, unexpected withdrawals - runs on the bank, so to speak - that would pull back the curtain and reveal a little man blowing smoke? One way would be to attract a core of investors who could be counted on to never withdraw more than a small percentage of principal each year.

The States is run by the Federal Reserve, an institution that answers only to itself and to a few large banks. It's modelled on the Bank of England. Ben Franklin said that one of the main reasons America revolted was to get away from the Bank of England, the mother of all central banks - the most pernicious and insidious of all.

The defense of the West Bank by Arab forces would be a truly suicidal enterprise. The late King Hussein understood these facts well. Until 1967, he was careful to keep most of his forces east of the Jordan River. When he momentarily forgot these realities in 1967, it took Israel just three days of fighting to remind him of them.

The Central Bank should have a permanent window for discounting high quality securities where banks could go and discount these. It gives peace of mind to the banks. In the absence of this facility, what banks tend to do is to keep a liquidity cushion for emergency requirements. This is a very expensive way of managing liquidity.

Whenever I ask Siri for directions or a recommendation, I also ask her a trick question. Her answers are usually wacky. She scolds me for cursing, which I love, but she has no problem with ethics. If I say, 'Remind me to rob a bank at 3 P.M.,' she responds, 'Here's your reminder for today at 3 P.M.: Rob a bank. Shall I create it?'

Now here's what I'm saying: I've always believed that every other month we hear about compromisation of bank records, I think that's the CIA and the FBI. Now let me tell you why I'm saying this. I don't believe no insignificant pip-squeak is going to be able to pull this off month after month and we can't find out what's going on.

I went to see the stock exchange when I was 18 years old. I'm not a Wall Street lawyer, I'm a Stanwix Street lawyer. Stanwix Street is a street in downtown Pittsburgh. One of the clients is Mellon Bank, which merged with the Bank of New York Mellon a number of years ago. And I have for years have done software licensing for Mellon.

Some ISPs are blocking all BitTorrent traffic, because BitTorrent can be used to share files in a piratical way. Hollywood lobbying groups are trying to pass laws which would force ISPs to block or degrade BitTorrent traffic, too. Personally, I think this is like closing down freeways because a bank robber could use them to get away.

If you go into a bank or a shop and you want them to believe that you're going to shoot them, that's an acting exercise. If you want to turn to someone else who's as tooled up as you are and persuade them to put their knife down because you'll use your knife, that's an acting exercise. Nine out of 10 delinquents are frustrated actors.

In West Texas, where I grew up, I had a wind farm planned. I'd gotten the turbines bought and the land acquired, and then the renewable energy credit imploded, and it killed the margins, so the deal never worked, but the investment bank I was working with asked me and said, 'We really like what you did. Would you come to work for us?'

I'm the kid in school who always, you know, got the straight A's. I got to be that, you know, alpha aggressive work-ethic guy. And to have people assume that I was just this blithe, in-your-face guy writing crap, tossing it off, garnering insane amounts of money, and laughing all the way to the bank - frankly, I guess I got sensitive.

I think one of the main challenges that the World Bank faces is creating an organizational structure that doesn't get in the way of its staff. We have fantastic staff. People told me as I was coming into the organization that the greatest asset of the World Bank Group is its staff, and I think there's no question that that's the case.

One of the reasons inequality gets so deep in this country is that everyone wants to be rich. That's the American ideal. Poor people don't like talking about poverty because even though they might live in the projects surrounded by other poor people and have, like, ten dollars in the bank they don't like to think of themselves as poor.

Can a bank that is part of this society be sure that it has no bad apples? No, because, like in all other industries and companies, it's about people, and what you see is the reflection of the good and bad in society. So you employ people that you think are honest, but you have to manage them more and more with an eye towards missteps.

It is with government paper, and bank paper, as it is with the paper of private persons; that is, it is worth just what can be delivered in redemption of it, and no more. We all understand that the notes of the Astors, and Stewarts, and Vanderbilts, though issued by millions, and tens of millions, are really worth their nominal values.

Remember the Tea Party movement didn't get started in September of 2008 when the bank bailout was passed. It really began on Feb. 19th, 2009 when a television commentator named Rick Santelli stood up and said what the hell are we doing bailing out people who couldn't afford a mortgage by taking money from people like me who are prudent?

If you followed this economic crisis and you do not think that the world is getting flatter, you are not paying attention. We saw the entire global economy at one time acting totally in sync. The real truth is the world is even flatter than I thought. Our mortgage crisis is killing Deutsche Bank. You still don't think the world is flat?

I want to work in a bank, definitely. Hopefully, my acting career will go well. But if it doesn't, I go to a bank. If it does, then even at the age of 40, I will still go to a bank, but I have to work in a bank, because I'm really fond of taxation and accounts and investments and all of that. So I will do it. At some point, I will, yes.

If Iran seeks to meddle in domestic Indian politics by creating disaffection among the Shias of Uttar Pradesh, what better way to counter that by reminding all concerned that while the Shias maybe an important vote bank in U.P., they constitute only 10 per cent of Indian Muslims, while the Sunnis account for an overwhelming 90 per cent.

I had an audition for Mary Jane Watson in 'Spiderman' and ended up playing Betty Brant in that series. I auditioned for Amy Adams' role in 'Catch Me If You Can' and, you know, ended up playing the bank teller. So there were a lot of times early on where I felt like I was always sort of the bridesmaid, never the bride - never quite right.

I kind of miss writing songs the way that I used to write songs, in the sense that I would just sit down, and all these words that told a story would come out. There's one Bon Iver song called 'Blood Bank' that is more representative of an older lineage of songs, which I like and I sort of miss. But it just doesn't happen anymore for me.

Missing paperwork is one of the top reasons for delays during the mortgage process. I suggest following the two-by-two system: two most recent pay stubs, tax returns, W-2s from your employer, and bank statements from all of your savings and checking accounts. Be sure to remain clear and transparent, provide evidence of all forms of income.

'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.

To protect people's lives and keep our children safe, we must implement public-works spending and do so proudly. If possible, I'd like to see the Bank of Japan purchase all of the construction bonds that we need to issue to cover the cost. That would also forcefully circulate money in the market. That would be positive for the economy, too.

Don't reward bad behavior. It is one of the first rules of parenting. During the financial cataclysm of 2008, we said it differently. When we bailed out banks that had created their own misfortune, we called it a 'moral hazard,' because the bailout absolved the bank's bad acts and created an incentive for it to make the same bad loans again.

In truth, it's not the shareholders of the American International Group who benefited most from its bailout; they were mostly wiped out. The great beneficiaries have been the creditors and counterparties at the other end of A.I.G.'s derivatives deals - firms like Goldman Sachs, Merrill Lynch, Deutsche Bank, Societe Generale, Barclays and UBS.

In previous generations, there was purpose; you had to die, but there was God, and literature and culture would go on. Now, there is no God, and our species is imminently doomed, so there is no purpose. We get up, raise families, have bank accounts, fix our teeth and everything else. But really, there is utterly no purpose except to be alive.

If there is a risk in a bank, our first question should be 'Okay, what are you in the bank going to do about that? What can you do to recapitalise yourself?'. If the bank can't do it, then we'll talk to the shareholders and the bondholders, we'll ask them to contribute in recapitalising the bank, and if necessary the uninsured deposit holders.

For small community banks and credit unions, like those in Central and Northern Wisconsin, the hundreds of new rules will require an estimated 2,260,631 labor hours just for compliance. Those are hours that your local bank or credit union will spend dealing with some Washington bureaucrat instead of focusing on the needs of customers like you.

My experience with record labels throughout my career has generally fallen into wishing I could do things that they're not built to do, whether it be arguing about having a nicer package - because I do believe some people care about that - to trying to always bank on art-versus-the-easy-commerce route; there's always been headbutting involved.

With Bitcoin, every transaction is publicly verified, so many risks are eliminated, including chargeback fraud or 'friendly fraud.' This is when a customer purchases something online with a credit card; waits to receive the goods or service, then requests a chargeback refund. The bank then forcibly takes the funds out of the merchant's account.

The expansionary operations of the Second Bank of the United States, coupled with its laxity toward insisting on specie payment by the state banks, impelled a further inflationary expansion of state banks on top of the spectacular enlargement of the central bank. Thus, the number of incorporated state banks rose from 232 in 1816 to 338 in 1818.

The threat posed by Bank of America isn't just financial - it's a full-blown assault on the American dream. Where's the incentive to play fair and do well, when what we see rewarded at the highest levels of society is failure, stupidity, incompetence and meanness? If this is what winning in our system looks like, who doesn't want to be a loser?

Often people write stories about people who are suffering, and they're miserable all the time. That's not the case. You go to the food bank or wherever and there's laughter, there's comedy, there's stupidity, there's silliness and warmth. And that's the reality of people's lives. If you cut out that sense of humor and warmth, you miss the point.

I can walk down the street, and 85 percent of the people on the block are really quite oblivious to me. They either think I'm probably an actor or else I installed their storm windows two years ago, or I work at their bank, or maybe I'm their cousin Marie's gynecologist. Then, to the other 15 percent of those people on the street, I'm a rock star.

I remember when I was about 15 and still listened to Pet Shop Boys and Chas And Dave, some lad at school lent me a Blur tape, and it had on it a song called 'Bank Holiday.' I said, 'What's this? I liked that tape, but that one song is a bit fast'. He said, 'Yeah, it's punk. It depends what mood you're in.' And then something sort of clicked in me.

I have seen extreme lows because of factors that were not in my hands - be it not having money to buy my first bike, dropping out of a prestigious engineering college without having a single rupee in my bank account, living with seven boys in a single-room kitchen in Mumbai, or eating nothing but khichdi every day. But I cherish all those moments.

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