Archive for the ‘finance’ Category

Bankers and leaders in the finance industry seem to be very tight lipped about what goes on inside banking. Here’s what politicians, comedians and just a few bank regulators have to say about banks.

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Maggie Walker: 1st Black Woman Banker

Posted by admin on Wednesday, August 23, 2017

Maggie Walker Money Quote saying as the founder of the first St. Luke Penny Savings Bank in 1903, that minority businesses should pool their resources in a black owned institution to thrive. Maggie Walker said:

Let us put our moneys together. Let us have a bank that will take the nickels and turn them into dollars
— Maggie Walker

 
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Let us have a bank that will turn nickels into dollars Quote

Andy Green: Wells Fargo Fraud & KPMG

Posted by admin on Saturday, August 19, 2017

Andy Green Money Quote saying few have asked why outside auditors (KPMG) didn’t call attention to Wells Fargo fraudulent sales practices. Andy Green said:

There’s been far too little attention since the [Wells Fargo] crisis on how the external auditors [KPMG] should be looking out for the public. They are not just bookkeepers, but the investors’, and the capital markets’ last defense against accounting manipulation and fraud
— Andy Green

Bernie Sanders Wells Fargo business model fraud

Robert Kiyosaki: Poor Invest Time Finances

Posted by admin on Saturday, July 22, 2017

Robert Kiyosaki Money Quote saying those who are poor are spending their time trying to survive rather than learning about finances. Robert Kiyosaki said:

One of the reasons the poor are poor is because they do not invest money or time into their financial education
— Robert Kiyosaki

Carlos Torres Vila: Banking Boring, Stressful

Posted by admin on Saturday, July 8, 2017

Carlos Torres Vila Money Quote saying as CEO of Spain’s BBVA that customers don’t like dealing with banks to support the idea that it can all be automated. Carlos Torres Vila said:

Really people don’t like banking, it’s boring, it takes time, causes them stress, and people have
bad financial habits
— Carlos Torres Vila

Janet Yellen: Immigration Growth Rate

Posted by admin on Wednesday, June 7, 2017

Janet Yellen Money Quote saying the growth of the labor force helps the economy to grow, so when immigration declines, so does economic growth. Janet Yellen said:

Our economy has been growing at a slow pace. Immigration has been an important source of labor-force growth. So slowing the pace of immigration probably would slow the growth rate of the economy
— Janet Yellen

Michael Linden: Affront to Basic Math

Posted by admin on Saturday, June 3, 2017

Michael Linden Money Quote saying Donald Trump has proposed a budget that is offensive to basic mathematics as well as to decent economics. Michael Linden said:

President Trump’s budget proposal is an affront to decency, economics and, at a basic level, math
— Michael Linden

Matt Taibbi: Goldman Sachs Squid

Posted by admin on Wednesday, May 31, 2017

Matt Taibbi Money Quote saying the investment bank finds all sources of cash to find ways to exploit wherever they exist around the world. Matt Taibbi said:

The first thing you need to know about Goldman Sachs is that it’s everywhere. The world’s most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money
— Matt Taibbi

Joon H. Kim: Launder Proceeds of Crimes

Posted by admin on Thursday, May 18, 2017

Joon H. Kim Money Quote saying as acting U.S. Attorney for Southern District of New York that Russian money laundering will not be tolerated. Joon H. Kim said:

We will not allow the US financial system to be used to launder proceeds of crimes committed anywhere – here or in Russia
— Joon H. Kim

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Money Quotes Daily

Money Quotes Daily