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Financial Quotes

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Are you really going to let a toilet stand in the way of you and financial independence?  (Financial Quotes) The personal wealth that’s coming is absolutely secondary to the stories that I hear about our users who have given themselves some financial independence as well by starting businesses, and all the lives we’ve touched positively.  (Financial Quotes) Having financial independence does not increase one’s chances of independent, artistic creation whatsoever. Our conditioned behavior toward mimicry for the sake of market forces is an amazing syndrome. The watchtowers guide us well.  (Financial Quotes) Your economic security does not lie in your job; it lies in your own power to produce- to think, to learn, to create, to adapt. That’s true financial independence. It’s not having wealth; it’s having the power to produce wealth. It’s intrinsic.  (Financial Quotes) I have learned its very difficult to become financially free by earning the minimum wage. Even if employers increased the minimum wage like the always do its the same thing. But once employees improve on their skills and self development, their wages inevitably go up and then financial independence is possible.  (Financial Quotes) There is one thing Anthony Weiner and I agree on: there are a lot of smart, hard-working people in the financial industry.  (Financial Quotes) The public in many countries is understandably concerned by the commitment of substantial government resources to aid the financial industry when other industries receive little or no assistance. This disparate treatment, unappealing as it is, appears unavoidable.  (Financial Quotes) The time horizon may be too long for sole reliance on market solutions - but perhaps the inventiveness of the financial services industry will prove me wrong that point!  (Financial Quotes) General Electric, NBC’s parent, is one of the largest corporations in the world, with an anti-labor history of outsourcing jobs and with financial links to military and nuclear power industries.  (Financial Quotes) Today what we are doing is modernizing the financial services industry, tearing down those antiquated laws and granting banks significant new authority.  (Financial Quotes) When you see a merger between two giants in a declining industry, it can look like the financial version of a couple having a baby to save a marriage.  (Financial Quotes) People employed in financial institutions are rarely interesting and even more rarely likable  (Financial Quotes) Those who perpetrate fraud against our financial institutions will be met with the full force of law enforcement.  (Financial Quotes) Well, the U.S., of course, is the world’s largest economy. It’s about a quarter of the world’s output. It’s also home to many of the largest financial institutions and financial markets.  (Financial Quotes) Some of these biggest financial institutions are out there trading in commodities. They’re buying oil tankers. This is not a financial system that has calmed down and is there to serve the American people.  (Financial Quotes) Economic management involves the operation of economic frameworks in real time - for example, in the private sector, the management of complex financial institutions or, in the public sector, the day-to-day supervision of those institutions.  (Financial Quotes) The Democrats, because they believe in socialism, redistribution, forced the banks and financial institutions to make the risky loans.  (Financial Quotes) Fannie Mae and Freddie Mac buy mortgages from banks and other lenders, providing those financial institutions with capital to make new loans.  (Financial Quotes) Although not well known outside Wall Street, Freddie Mac and its corporate cousin, Fannie Mae, are two of the world’s largest financial institutions and play a crucial role in the housing market.  (Financial Quotes) If the authorities constrain banks and are aware of the activities of fringe banks and other financial institutions, they are in a better position to attenuate the disruptive expansionary tendencies of our economy.  (Financial Quotes) Accountability for the largest financial institutions on Wall Street is the bedrock for a strong economy. Hard-working families and honest businesses cannot survive in a world where the rules don’t keep the marketplace honest.  (Financial Quotes) Every morning when I pick up the newspaper and read about an earthquake in Japan or problems in European financial institutions, the first question I ask our staff is ‘What is money-market-fund exposure?’  (Financial Quotes) The use of a growing array of derivatives and the related application of more-sophisticated approaches to measuring and managing risk are key factors underpinning the greater resilience of our largest financial institutions .... Derivatives have permitted the unbundling of financial risks.  (Financial Quotes) Apparently modern financial regulators are vastly more sophisticated than we were as financial regulators 25 years ago - because we had never figured out that the key to financial stability was leaving felons in charge of the largest financial institutions in the world.  (Financial Quotes) RE: GSEs like Freddie Mac and Fannie Mae: creditors will continue to underprice the risk-taking of these financial institutions, overfund them, and fail to provide effective market discipline Facing prices that are too low, systemically important firms will take on too much risk.  (Financial Quotes) Obama’s primary constituency was financial institutions. They were the core of the funding for his campaign. They expect to be paid back. And they were. They were paid back by coming out richer and more powerful than they were before the crisis that they created.  (Financial Quotes) 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.  (Financial Quotes) There is a simple way of avoiding excess risk-taking by the managers of our financial institutions. It is to make it a crime ... had a crime for reckless management of a financial institution been on the books, Northern Rock and RBS would not have blown up.  (Financial Quotes) Securities based on risky mortgages are what toppled financial institutions but it was the government that made the mortgages risky in the first place, by making home-ownership statistics the holy grail, for which everything else was to be sacrificed, including commonsense standards for making home loans.  (Financial Quotes) To get our economy back on track and keep it functioning properly without the problems of our financial institutions, we need reasonable regulations that will protect Main Street while at the same time allow Wall Street to do what it does best - make money for American investors.  (Financial Quotes)
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