Posts Tagged ‘banking’

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Margaret Drabble: Capital Collapse

Posted by admin on Wednesday, June 5, 2019

Margaret Drabble Money Quote saying there is no doubt that capitalism will collapse and barter will replace profiting. Home vegetable gardens will proliferate. Margaret Drabble said:
 
I confidently predict the collapse of capitalism and the beginning of history. Something will go wrong in the machinery that converts money into money, the banking system will collapse totally, and we will be left having to barter to stay alive Quote
 

“I confidently predict the collapse of capitalism and the beginning of history. Something will go wrong in the machinery that converts money into money, the banking system will collapse totally, and we will be left having to barter to stay alive. Those who can dig in their garden will have a better chance than the rest” — Margaret Drabble

 
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Xavier Becerra: Wells Fargo Exploit

Posted by admin on Friday, December 28, 2018

Xavier Becerra Money Quote saying in a statement as the Attorney General of California that Wells Fargo took advantage of customers and eroded trust in the banking system. Xavier Becerra said:
 
Instead of safeguarding its customers Wells Fargo exploited them. This is an incredible breach of trust that threatens not only the customer who depended on Wells Fargo, but confidence in our banking system Quote
 

“Instead of safeguarding its customers Wells Fargo exploited them. This is an incredible breach of trust that threatens not only the customer who depended on Wells Fargo, but confidence in our banking system” — Xavier Becerra

 
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Muhammad Yunus: Poor Entrepreneur Bank

Posted by admin on Thursday, July 12, 2018

Muhammad Yunus Money Quote saying banks lend money to the already wealthy but Grameen Bank lends to those in poverty to help them become entrepreneurs. Muhammad Yunus said:
 
Banks look for the rich; we look for the poor. All people are  entrepreneurs Quote
 

“I did something that challenged the banking world. Conventional banks look for the rich; we look for the absolutely poor. All people are entrepreneurs, but many don’t have the opportunity to find that out” — Muhammad Yunus

 
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Orrin Woodward: Control Gold, Control Fools

Posted by admin on Wednesday, November 15, 2017

Orrin Woodward Money Quote saying creating foolish banking products, sold to the naive or uninformed investors means bankers can control the investment fate of financial fools. Orrin Woodward said:
 
He who creates the 'Fools Gold' controls the fools Quote

New Golden Rule of Fractional Reserve Banking: He who creates the “fool’s gold” controls the fools
— Orrin Woodward

 
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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

Kirill Ilganaev: Cybersecurity Price Tag

Posted by admin on Sunday, July 2, 2017

Kirill Ilganaev, Head of Kaspersky DDoS Protection at Kaspersky Lab Money Quote saying banks must take cyber attacks seriously by preparing the banking industry with cybersecurity protections. Kirill Ilganaev said:
 
If banks are to protect themselves effectively from the price tag of an online banking cyber security incident, they first need to become more prepared for the dangers DDoS attacks pose to their online banking services Quote
 

“If banks are to protect themselves effectively from the price tag of an online banking cyber security incident, they first need to become more prepared for the dangers DDoS attacks pose to their online banking services” — Kirill Ilganaev

 
#computersecurityday
 
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Wilbur Ross: Banking Over-Regulated

Posted by admin on Tuesday, March 14, 2017

Wilbur Ross Money Quote saying Over regulation didn’t stop banks from making poor decisions that weren’t regulated and we should stop regulations so bankers will become smarter. Wilbur Ross said:

There is no evidence that more regulation makes things better. The most highly regulated industry in America is commercial banking, and that didn’t save those institutions from making terrible decisions
— Wilbur Ross

Donald Trump: Nobody Knows Banking

Posted by admin on Tuesday, January 10, 2017

Donald Trump Money Quote saying adds banking to the long list of things he knows more about than anyone else, ever. Donald Trump said:

Nobody knows banking better than I do
— Donald Trump

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