Posts Tagged ‘banking’
« Previous Page — Next Page »Xavier Becerra: Wells Fargo Exploit
on Friday, December 28, 2018Xavier 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” — Xavier Becerra
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Muhammad Yunus: Poor Entrepreneur Bank
on Thursday, July 12, 2018Muhammad 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:
“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
on Wednesday, November 15, 2017Orrin 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:
“New Golden Rule of Fractional Reserve Banking: He who creates the ‘fool’s gold’ controls the fool” — Orrin Woodward
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Carlos Torres Vila: Banking Boring, Stressful
on Saturday, July 8, 2017Carlos 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
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Kirill Ilganaev: Cybersecurity Price Tag
on Sunday, July 2, 2017Kirill 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” — Kirill Ilganaev
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#computersecurityday
Wilbur Ross: Banking Over-Regulated
on Tuesday, March 14, 2017Wilbur 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
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Donald Trump: Nobody Knows Banking
on Tuesday, January 10, 2017Donald 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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Franklin Roosevelt: Government Appendage
on Tuesday, December 6, 2016Franklin D. Roosevelt Money Quote saying business and financial monopoly, speculation and reckless banking are never-ending and must be continuously monitored. Franklin D. Roosevelt said:
“We had to struggle with the old enemies of peace–business and financial monopoly, speculation, reckless banking, class antagonism, sectionalism, war profiteering. They had begun to consider the Government of the United States as a mere appendage to their own affairs” — Franklin D. Roosevelt
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