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.
Kurt Weill: Criminal Founds Bank
on Sunday, May 28, 2023Meaning of Kurt Weill Money Quote: saying one might call a bank founder a criminal more than a bank robber. Kurt Weill said:
“Who is the greater criminal: he who robs a bank or he who founds one?” — Kurt Weill
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Jean Rousseau: Good Account
on Saturday, May 27, 2023Meaning of Jean Jacques Rousseau Money Quote: saying All we need is a substantial bank account, good food, and capable digestion. Jean Jacques Rousseau said:
“Happiness is a good bank account, a good cook, and a good digestion” — Jean Jacques Rousseau
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Philippe Riès: Owe Million Pounds
on Tuesday, May 23, 2023Meaning of Philippe Riès Money Quote: saying owing small amounts to banks means imprisonment, while large amounts means board seats. Philippe Riès said:
“If you owe ten pounds to the Bank of England, you get thrown in jail, but if you owe a million pounds, they invite you to sit on the Board” — Philippe Riès
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Tim Madden: Banking IS Fraud
on Monday, May 22, 2023Meaning of Tim Madden Money Quote: saying Banks not simply having some aspects of fraudulent activity, but actually epitomize fraud. Tim Madden said:
“Banking doesn’t involve fraud, banking IS fraud” — Tim Madden
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Steve Keen: Banks, Debt, Money
on Sunday, May 21, 2023Meaning of Steve Keen Money Quote: saying economists don’t discuss some important aspects for economic models ignoring key points. Steve Keen said:
“If you look at mainstream economics there are three things you will not find in a mainstream economic model – Banks, Debt, and Money … Like an ornithologist trying to work out how a bird flies whilst ignoring that the bird has wings” — Steve Keen
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Andrew Jackson : Afraid of Banks
on Saturday, May 20, 2023Meaning of Andrew Jackson Money Quote: saying As seventh president of the U.S. expressing distaste for banks. Andrew Jackson said:
“I have always been afraid of banks” — Andrew Jackson
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Haruki Murakami: Precision Account
on Friday, May 19, 2023Meaning of Haruki Murakami Money Quote: saying that most don’t measure our bank accounts precisely at all times. Haruki Murakami said:
“All of us are imperfect human beings living in an imperfect world. We don’t live with the mechanical precision of a bank account or by measuring all our lines and angles with rulers and protractors” — Haruki Murakami
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Joseph Stiglitz: Banks Too Big Fail
on Monday, May 15, 2023Meaning of Joseph E. Stiglitz Money Quote: saying giant banks have become not only too big to fail, but too big for responsibility. Joseph E. Stiglitz said:
“We have banks that are not only too big to fail, but too big to be held accountable” — Joseph E. Stiglitz
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