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Financial Crisis Quotes

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What we know about the global financial crisis is that we don’t know very much  (Financial Crisis Quotes) 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  (Financial Crisis Quotes) Contemporaneous with the financial crisis we have an ecological crisis and a health crisis. They are intimately interlinked. We cannot convert much more of the earth into money, or much more of our health into money, before the basis of life itself is threatened  (Financial Crisis Quotes) The financial crisis we are facing today arises from the fact that there is almost no more social, cultural, natural, and spiritual capital left to convert into money  (Financial Crisis Quotes) You know what’s truly weird about any financial crisis? We made it up. Currency, money, finance, they’re all social inventions. When the sun comes up in the morning it’s shining on the same physical landscape, all the atoms are in place  (Financial Crisis Quotes) The financial crisis has underscored how insufficient attention to fundamental corporate governance concepts can have devastating effects on an institution and its continued viability. It is clear that many banks did not fully implement these fundamental concepts. The obvious lesson is that banks need to improve their corporate governance practices and supervisors must ensure that sound corporate governance principles are thoroughly and consistently implemented  (Financial Crisis Quotes) The financial crisis appears to be mostly behind us, and the economy seems to have stabilized and is expanding again  (Financial Crisis Quotes) 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  (Financial Crisis Quotes) 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  (Financial Crisis Quotes) It is no exaggeration to say that since the 1980s, much of the global financial sector has become criminalised, creating an industry culture that tolerates or even encourages systematic fraud. The behaviour that caused the mortgage bubble and financial crisis of 2008 was a natural outcome and continuation of this pattern, rather than some kind of economic accident  (Financial Crisis Quotes) The world economy today is recovering slowly, and there are still some destabilising factors and uncertainties. The underlying impact of the international financial crisis is far from over  (Financial Crisis Quotes) 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  (Financial Crisis Quotes) There is much to dislike about President Obama's approach to the financial crisis. But opposition, it seems, will have to come from somewhere other than conservatism. The party out of power is also a party out of touch  (Financial Crisis Quotes) During the financial crisis and bailouts of 2008, it probably occurred to very few average people that we were entering a period of hardship for billionaires  (Financial Crisis Quotes) Economic and financial crisis are getting much more usual, and they are not confined to a given country but they immediately spread all over the world, and you have to be prepared for that  (Financial Crisis Quotes) The current financial crisis calls out for new products and services as well as more, not less, information about what is safe and profitable in the future environment  (Financial Crisis Quotes) I’m quite worried about the fiscal imbalances that we’ve got and what that might mean in terms of financial crisis ahead  (Financial Crisis Quotes) The current financial crisis makes it very clears that the system that we have isn’t really working, and this is the right time for us to undo things and build them in a new way  (Financial Crisis Quotes) The times are too difficult and the crisis too severe to indulge in schadenfreude. Looking at it in perspective, the fact that there would be a financial crisis was perfectly predictable: its general nature, if not its magnitude. Markets are always inefficient  (Financial Crisis Quotes) The financial crisis in our country is not a passing storm. Given the size of the problems, our national effort will not be completed in 2012. It will take many years and will require the efforts and insistence of several governments  (Financial Crisis Quotes) We are in a situation with the huge stimulus package that’s going to be spent all across this nation and a big financial crisis and banking crisis. and what we need is good, trained journalists who can play the role of watchdog  (Financial Crisis Quotes) A clear lesson of history is that a ‘sine qua non’ for sustained economic recovery following a financial crisis is a thoroughgoing repair of the financial system  (Financial Crisis Quotes) One of the very difficult parts of the decision I made on the financial crisis was to use hardworking people’s money to help prevent there to be a crisis  (Financial Crisis Quotes) Many of us like to think of financial economics as a science, but complex events like the financial crisis suggest that this conceit may be more wishful thinking than reality  (Financial Crisis Quotes) The financial crisis should not become an excuse to raise taxes, which would only undermine the economic growth required to regain our strength  (Financial Crisis Quotes) President Obama has basically avoided or not done any attempt to intervene in any positive way in the housing market. I think in the financial crisis that’s been a shame  (Financial Crisis Quotes) The President and the Democrats on Congress have exploited the financial crisis to advance their socialist big government tax, spend and borrow agenda  (Financial Crisis Quotes)
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