Quotes of All Topics . Occasions . Authors
One thing is that you won't get climate action without equity, and Greens around the world have always understood this. This has been the dividing point between the green party of France and Emmanuel Macron: You can't get climate policy without equity.
Private equity firms aren't necessarily evil by definition. There are many stories of successful turnarounds fueled by private equity, often involving multiple floundering businesses that are rolled into a single entity, eliminating duplicative overhead.
The truth, Prime Minister, is that you have run out of our money. The country as a whole is now in negative equity. Every British child is born owing around 20,000 pounds. Servicing the interest on that debt is going to cost more than educating the child.
I got my Equity card at 24 at the Guthrie Theatre in Minneapolis, and they asked me to join the company. I was content and happy working in the company there for a long while until I really started to feel as if I hit a bit of a glass ceiling artistically.
I used to drive up from theatre in Michigan to Stratford, Ontario to watch every show. I idolized the actors from Stratford. I was very influenced by them because they would come down and work at my theatre and get time on their American Equity union cards.
For most Indians in America, wealth is not inherited. Neither do we make it as heads of large hedge funds and private equity funds. For us to make it to the top, we have to use our knowhow to create great new technology products and build high-tech companies.
We really wake up every day trying to build businesses. That is the goal of private equity. It's a misnomer out there that private equity profits by shrinking companies. In fact, it's just the opposite. Private equity creates value by growing great companies.
Since Sunrun introduced solar as a service in 2007, it has become the preferred way for consumers to go solar in the nation's top solar markets. Sunrun has deployed more than $2 billion in solar systems and has raised more than $300 million in equity capital.
I have either run private equity funded companies or been a partner in a private equity fund since 1982. I've had a front row view of the vital role private equity continues to play in building and keeping American businesses competitive in the global economy.
The restructuring theme can be of various kinds. Some amount of debt gets serviced out of cash flows, some gets back-ended and resolved with sale of non-core assets of the company, and some debt gets converted into equity which might today look like a haircut.
The women's national team is a very successful team, and that success has given us a platform to speak on gender equity issues. Millions of young women play soccer in this country, and it's empowering for them to see that our contribution to the game is valued.
I talk a lot about Jackie MacMullan. Think about the trust and the equity Jackie has built with people in this game. When you watch her work, there is such a high level of respect given. It's hard to describe it, but you can see it when players engage with her.
In order to help small businesses gain access to the credit and capital they need to run their business successfully, Congress must adopt policies that support functional capital markets without imposing undue restrictions on providers of debt and equity capital.
Once we were a part of Equity, we were able to get a salary, and then because we were employing ourselves, we just made sure we were always working. We put in hours to get subscribers. We used to do little shows at rich peoples' houses to get them to give us money.
I got my Actors' Equity card officially by playing Nana the dog in 'Peter Pan' at the Alabama Shakespeare Festival. That was the first show I did as a full-fledged, dues-paying member; I earned points in my MFA program, then went into the company after I graduated.
It's clear to me when you do private equity well, you're making companies more efficient and helping them grow and become more profitable. That success means our investors - such as public pension funds - benefit, which contributes to the economic wealth of society.
Historically, in India, the strange fact was that the equity owner was not taking as much hit as the lender. Therefore, if we restore the first principle of economics, that first the equity owner needs to take the hit and then the lender, we will get a good solution.
The problem of how we finance the welfare state should not obscure a separate issue: if each person thinks he has an inalienable right to welfare, no matter what happens to the world, that's not equity, it's just creating a society where you can't ask anything of people.
Equity is the cushion that protects financial institutions from unexpected changes in the value of their assets. The greater the leverage, the smaller the losses required to wipe out a company's equity, leaving it without enough money to repay the people who hold its debt.
Raise as little as you can to get you to something that you can show - plus maybe a quarter or two so you have a little bit of cushion - and then raise some more money. Raise as little - not as much - as you can because that's the most expensive equity you're going to sell.
Yes, your kids should go to school. No, you shouldn't bankroll their degree whatever the cost. You've spent your life creating a sound financial plan; don't upend it by suspending your retirement savings or taking out a home equity line of credit to pay for a pricey college.
In our equities business, 49 of the 50 most important Lehman clients are back doing business with us. The flows are 75 to 80 per cent of what they were prior to the bankruptcy. The issues which damaged Lehman were around commercial mortgages and illiquid private equity assets.
Equity sends questions to Law. Law sends questions back to equity; Law finds it can't do this, equity finds it can't do that; neither can do anything, without this solicitor instructing and this counsel appearing for A, and that solicitor instructing & that counsel appearing for B.
I got my Equity card right out of NYU grad school in 2000, doing 'The Great White Hope' at Arena Stage. I played Jack Jefferson. It was an amazing part to walk into, to carry that responsibility for that amount of time. The challenges and the breadth of that role were pretty amazing.
On average, it takes as much as $100 million in paid media for a brand to be a household name in America. Marketing partnerships are the best form of off-balance sheet financing one can ever find. Smart startups use this technique to scale their companies and build their brand equity.
I had saved a lot of money working at Mrs. Fields' Chocolate Chip Cookies, ushering at the Golden Gate Theatre, and doing odd jobs so I could live in New York for a few months. If it ran out, I would have to give up and go home. It turned out OK. I got my Equity card and started working.
Stars work because of familiarity. They fill theatres because audiences know who they are. There is a brand equity. But there are films strong enough to not need stars, or films that should not be made with stars at all, where only fresh faces will do. So I make the decisions accordingly.
We believe that either our own teams or teams that we direct are best capable of creating 'Mario' games that will live up to the franchise. The same is true for 'Metroid' and 'Zelda' and all those wonderful properties. For us, we want to control those characters as a key corporate equity.
If your appraisal comes back too low - you don't have at least 10% equity for a conforming loan or 20% for a jumbo loan - you might not be able to refinance at all, at least with a loan that's packaged and sold to Fannie Mae and Freddie Mac. That means you may have to pay a much higher rate.
If you can't afford the upkeep of your home, it makes no sense to do a reverse mortgage. You will just end up having to sell eventually when you realize you can't afford the home, and whether you have any equity left after the sale depends on the size of the reverse loan that must be settled.
I came to New York when I was eighteen years old, and the first audition that I ever went to was this huge cattle call at the Equity building where I had gone two days earlier to sign up - I didn't have an agent or anything. It was for 'Chicago.' There were probably three hundred people there.
I think it was 1987 - something like that - or '86, and I thought, 'When you go equity and you're gonna get paid, you'll finally be able to make a living.' But it was not to be so. I always bartended and waited tables so I ended up not doing theater for about a year because nobody would hire me.
As president of the International Brotherhood of Teamsters, I have seen private equity firms plunder company after company, taking rich fees for themselves and cutting costs until there's nothing left to cut. Time and again I've seen their reckless behavior drive companies to declare bankruptcy.
When I was a CEO, I thought I understood private equity. I didn't. And what I've learned since my retirement, and since becoming directly involved in the world of private equity, points the way to a new career path for thousands of talented senior executives - and a new engine for value creation.
We all need to work together, because there are no jobs on a dead planet; there is no equity without rights to decent work and social protection, no social justice without a shift in governance and ambition, and, ultimately, no peace for the peoples of the world without the guarantees of sustainability.
I was doing this children's theater play, and it was non-Equity. We were out of town to do it at the Kennedy Center, and it was always kind of, 'Well, the producers may have to turn this into Equity,' and that's what happened. It was kind of a silly children's theater play, but that's how I got my card.
Regardless of the administration or who's in Congress, when you look at the outcomes of what what's been happening, there are opportunities for us to invest in infrastructure, to create more equity, to invest in new technologies, to create future - jobs focused on the future not industries from the past.
Customers are a great way to finance a business for many reasons. First, customer financing is typically non dilutive. They want something from you other than equity in your business. Customers also help you fit your product to the market. And customers will help debug and improve the quality of the product.
We've always been modestly leveraged, and we've never believed in a great deal of leverage on either our private equity business or on our investment banking business. And I think it really goes back to my uncle and dad growing up in the Depression and just seeing what happened to people who were overly levered.
The Millennium Development Goals were a pledge to uphold the principles of human dignity, equality and equity, and free the world from extreme poverty. The MDGs, with eight goals and a set of measurable time-bound targets, established a blueprint for tackling the most pressing development challenges of our time.
Imagine if the pension funds and endowments that own much of the equity in our financial services companies demanded that those companies revisit the way mortgages were marketed to those without adequate skills to understand the products they were being sold. Management would have to change the way things were done.
We judged that a sudden, disorderly failure of Bear would have brought with it unpredictable but severe consequences for the functioning of the broader financial system and the broader economy, with lower equity prices, further downward pressure on home values, and less access to credit for companies and households.
I was fired from my first job in New York. I was just out of school, doing the Welsh play, 'The Corn Is Green,' at Equity Library Theater. I was studying with Uta Hagen, and I was really working well, but they got nervous. They wanted results right away. We had a run-through, and I wasn't there yet, so they fired me.
If achieving the Hong Kong dream becomes a vanishing hope, then our society will suffer. What would the Hong Kong dream be? It's no different from the American dream, whereby an everyday man on the street who works hard would be able to make good savings and use those savings as equity for their future small business.
Social equity is based on justice; politics change on the opinion of the time. The black man's skin will be a mark of social inferiority so long as white men are conceited, ignorant, unjust, and prejudiced. You cannot legislate these qualities out of the white - you must steal them out by teaching, illustration, and example.
Generally, an indie film in the U.K. is put together much like in the states. We got a tax credit. You sell the domestic rights, which can be quite low, but it's enough to push you over the line. And you get a tax credit on top of that, and then you cobble it together with private equity or gap financing and things like that.
I may have gotten my first job from 'Backstage.' I remember going to the Equity offices, and I signed up for an audition. I left. I was grabbing a coffee somewhere and looking at 'Backstage' and saw that there was an audition for another project going on at the same time. It was called 'Almost Heaven: The Songs of John Denver.'
Every company, regardless of size, is competing for the same pool of talent, which is why top recruiters can even command equity for finding key hires. Internships give startups a chance to hire the best and brightest from our universities at a fraction of the cost that these same minds will command when they receive their degrees.
Chile has done a lot to rid itself of poverty, especially extreme poverty, since the return to democracy. But we still have a ways to go toward greater equity. This country does not have a neoliberal economic model anymore. We have put in place a lot of policies that will ensure that economic growth goes hand in hand with social justice.
The bitter might be just an initial reaction of, 'Oh my goodness, it's sold,' but not really understanding fully that I will be chairman emeritus of the new company, which is Ebony Media Operations. It is African-American led and owned, and I have a seat on the board, and I also have an equity position in the company, so I'm still there.