Quotes of All Topics . Occasions . Authors
The ancient nobility and gentry of the kingdom... have been thrust out of all public employment... a race of merchants, and manufacturers and bankers and loan-jobbers and contractors have usurped their place.
Greed has increasingly become a virtue among Wall Street bankers and corporate CEOs in the U.S. Nowhere else in the world do CEOs insist on receiving compensation as high compared to what their employees earn.
It would not be a bad idea if bankers were to go and sit occasionally with politicians in their political surgeries, where they might get a sense of the injustice that some of the community feel about the banks.
Somebody needs to position you and introduce you, but after that, most of the bankers get represented with their large clients; mostly investors are their long-term clients and an investee is a short term client.
My father said you can't make a living in birds, my relatives all went into business: bankers, stockbrokers. However, they eventually lost it all and died in wheelchairs. Sometimes you have to be a little aberrant.
Society, magazines, posters, music videos, investment bankers. A lot of times, in my past anyway, looking within wasn't overly encouraged. Pretty much everybody proclaimed that fame would give me power and fortune.
Having worked at four separate Wall Street firms, having seen a variety of talent at those places, and having competed against Goldman as a banker, one thing you have to be struck by is the power of their recruiting.
Actors have given up their clout. Now decision making is in the hands of lighting men, designers, bankers, special-effects people. We need to cut that out and just go with the most able trained actors in the business.
Yeah, well, your people happen to be soul-sucking demons. (Wulf) You ever met a banker or a lawyer? Tell me who’s worse, my Urian or one of them? At least we need the food; they do it just for profit margins. (Phoebe)
Individual bankers are rightly being investigated by the police. I and all colleagues in the chamber hope that if criminality is proven, they will go to jail and bear the same brunt of punishment as any other criminal.
Nationalization would likely mean wiping out the big banks' managements and shareholders. It's because that reckoning has mostly been avoided so far that those bankers may be the Americans in the greatest denial of all.
Investment bankers do much of their business underwriting government bonds, in the United States and abroad. Therefore, they have a vested interest in promoting deficits and in forcing taxpayers to redeem government debt.
There were times at Harvard when I actually longed to hang out with a few more Trotskyists, rather than yet another set of future consultants and investment bankers. At least the Trotskyists cared about the important stuff.
Really, if that’s the case, you need to stop letting your mother dress you funny. It’s hard to take anyone serious as a killer when he looks like an investment banker. The only part of me that’s nervous is my checkbook. (Kat)
I do what I do, and write what I write, without calculating what is worth what and so on. Fortunately, I am not a banker or an accountant. I feel that there is a time when a political statement needs to be made and I make it.
During the Enron debacle, it was workers who took the pounding, not bankers. Not only did Enron employees lose their jobs, many lost their retirement savings. That's because they were at the bottom of the investing food chain.
JPMorgan Chase are among the most successful global investment banks, most successful global asset managers, and, in the United States, one of the most successful retail and commercial bankers. We do a great job for customers.
Money is the probably the most successful story ever told. It has no objective value... but then you have these master storytellers: the big bankers, the finance ministers... and they come, and they tell a very convincing story.
Some people had fathers who were bankers or farmers, my father made films, that's how I saw it. As for the movie stars, they were just around, some of them were friends, others weren't, it was all just a part of my everyday life.
Individually the poor are not too tempting to thieves, for obvious reasons. Mug a banker and you might score a wallet containing a month's rent. Mug a janitor and you will be lucky to get away with bus fare to flee the crime scene.
Why is it possible to rescue S&L buccaneers in the early '90s and provide guidance to levered Wall Street investment bankers during the 1998 long-term capital management crisis, yet throw 2 million homeowners to the wolves in 2007?
The turn of the century was the age of the banker, so much so that the leading bankers of the day had become legendary figures in the public imagination-vast, overshadowing behemoths whose colossal power seemed to reach everywhere.
Why did they go to Hollywood? Because they could get access to the American financial sector. The Jews were neither authorized to be bankers or doctors nor lawyers or professors. That's why they concentrated on something new: cinema.
I'd rather be robbed by an armed highway man than the politicians and their bankers. A highway man gets away from you as fast as he can and lets you alone. The politician robs you and stands there and insists he did it for your own good.
While boasting of our noble deeds we're careful to conceal the ugly fact that by an iniquitous money system we have nationalized a system of oppression which, though more refined, is not less cruel than the old system of chattel slavery.
In the 1990s, the Democratic Party began to cozy up to their long-time enemies: Wall Street Bankers. They took their money and relaxed their regulations until the Great Recession forced the Democrats via Dodd-Frank to re-regulate the banks.
The business of banking ought to be simple. If it is hard it is wrong. The only securities which a banker, using money that he may be asked at short notice to repay, ought to touch, are those which are easily saleable and easily intelligible.
The main mark of modern governments is that we do not know who governs, de facto any more than de jure. We see the politician and not his backer; still less the backer of the backer; or, what is most important of all, the banker of the backer.
By the 1890s, the leading Wall Street bankers were becoming increasingly disgruntled with their own creation, the National Banking System... while the banking system was partially centralized under their leadership, it was not centralized enough.
When I became CEO of Xerox 10 years ago, the company's situation was dire. Debt was mounting, the stock sinking and bankers were calling. People urged me to declare bankruptcy, but I felt personally responsible for tens of thousands of employees.
The goose that lays golden eggs has been considered a most valuable possession. But even more profitable is the privilege of taking the golden eggs laid by somebody else's goose. The investment bankers and their associates now enjoy that privilege.
You know, Greenwich Village was the traditional bohemia of New York. I wish I could say that was entirely true now. It's, uh... changed. It's now got, God help us, investment bankers and journalists, but it's still a very beautiful part of New York.
Of course, looking tough on inflation is part of any central banker's job description: if investors believe that inflation is going to get out of control, you end up with higher interest rates and capital flight, and a vicious circle quickly ensues.
Investment banking is not a business; it is a personal service where bankers work hand in hand with their clients. And it is a service that must not simply be about making bigger and bigger deals that reap rewards for only a small group of executives.
Late 19th-century populists saw bankers and industrialists manipulating markets to enrich themselves at the expense of small farmers and labourers and favoured political candidates promising economic relief through free and unlimited coinage of silver.
I served in all commissioned ranks from a second Lieutenant to a Major General. And during that time, I spent most of my time being a high-class muscle man for Big Business, for Wall Street, and for the bankers. In short, I was a racketeer for capitalism.
The bankers' Satanic Conspiracy is the source of anti Semitism. The sooner Jews rise up to oppose it; the sooner anti-Semitism will end.. Obviously, many Christians are involved. When I criticize Rockefeller, no one says anything about 'anti-Christianism.'
I've been in companies where they have galas. U.S. companies aren't government-funded, so they invite wealthier people to come to these events. It's a very glamorous art form. They send you off to talk to bankers, and they make you feel objectified in a way.
Risk managers and investment bankers and actually, all kinds of investors took on more risk than they expected. So there was a failure of risk management. There was a failure to recognize how much risk there was in some of these securities that people bought.
I was interested in this relationship between the armed robber and the banker who were from different worlds but had similar goals. It was kind of a metaphor for this larger marriage of the banks selling off their debt and these street guys scrapping over it.
In the past the analysts were the department you never saw. They were the nerds at school. You went to see the investment bankers and maybe the salesmen but the Chinese walls divided them from the analysts. But new technology and the Internet changed all that.
Once an economy reaches a certain level of acceleration... the Fed is no longer with you... The Fed, instead of trying to get the economy moving, reverts to acting like the central bankers they are and starts worrying about inflation and things getting too hot.
Obama's view of the tax code is inherently political: Whom can we hit next? Energy companies, jet owners, bankers? Instead, the question should be how to promote economic efficiency by raising revenue without trying to manipulate corporate or personal behavior.
Why even live? If that's your goal, if you're just clamoring your way to the top, I mean, why even have a life? Somebody was telling me the other day about the lives of investment bankers who work ninety hours a week and how it affects their patterns of consumption.
There are few industries as defiantly opaque as shipping. Even offshore bankers have not developed a system as intricately elusive as the flag of convenience, under which ships can fly the flag of a state that has nothing to do with its owner, cargo, crew, or route.
Lincoln was the spokesman of the rising capitalist class of the North, who viewed the emancipation of Negro slaves as indispensable to the development and triumph of the manufacturers and bankers of the industrial North, East and West over the slave-holder of the South.
The history of the last century shows, as we shall see later, that the advice given to governments by bankers, like the advice they gave to industrialists, was consistently good for bankers, but was often disastrous for governments, businessmen, and the people generally.
Every businessman enjoying customer patronage, whether he be a baker, banker, or barber is conferring a public benefit, raising production, and reducing unemployment; businessmen earn their livelihood by producing products and rendering services where ever they are needed.
No central banker would disagree with the proposition that inflation is primarily a monetary phenomenon. Not one of them will disagree that every inflation has been accompanied by a rapid increase in the quantity of money and every deflation by a decline in the quantity of money.
Each central banksought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world.