Posts Tagged ‘billions’
Next Page »Loretta Lynch: Barclays Jeopardized Billions
on Friday, March 30, 2018Loretta Lynch Money Quote saying as the Former Attorney General in the Obama administration, that Barclays Bank was reckless with investors money in the Mortgage Crisis of 2008. Loretta Lynch said:
Barclays jeopardized billions of dollars of wealth through practices that were plainly irresponsible and dishonest
— Loretta Lynch
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Barclays is paying far less than other big banks paid. In 2013, JPMorgan Chase paid $13 billion. In 2014, Bank of America paid $16 billion. Deutsche Bank paid $7 billion.
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Kurt Vonnegut: Nuts & Bolts Billions
on Friday, May 12, 2017Kurt Vonnegut Money Quote saying artists are undervalued and struggle to eat, while those providing utilitarian products get wealthy. Kurt Vonnegut said:
People who sell bolts and nuts and locomotives and frozen orange juice make billions, while the people who struggle to bring a little beauty into the world, give life a little meaning, they starve
— Kurt Vonnegut
John Pudner: Constitutional Amendment
on Sunday, April 23, 2017John Pudner Money Quote saying he supports an amendment to the U.S. Constitution which would prevent big, anonymous political contributions to prevent money being considered speech and protect the taxpayer. John Pudner said:
To date, 18 of our United States have asked Congress for a Constitutional amendment that would allow limits on political spending where appropriate and let us take our government back from those who give big transaction money – in other words, trading millions in contributions for billions of your taxpayer dollars
— John Pudner
Elizabeth Warren: Foreclosing on Families
on Wednesday, November 30, 2016Elizabeth Warren Money Quote saying that Steven Mnuchin is a bank fox guarding the banker henhouse he raided and got richer with. Elizabeth Warren said:
[Mnuchin] spent two decades at Goldman Sachs helping the bank peddle the same kind of mortgage products that blew up the economy and sucked down billions in taxpayer bailout money, before he moved on to run a bank that was famous for aggressively foreclosing on families
— Elizabeth Warren
Hillary Clinton: Trump Wants Trickle Down
on Monday, August 8, 2016Hillary Clinton Money Quote saying Trump and economic advisors are attempting to revive the same monetary policy that failed Reagan. Hillary Clinton said:
[Trump] wants to roll back regulations on Wall Street. He wants to eliminate the Consumer Financial Protection Bureau, which has saved billions of dollars for Americans. He wants to basically just repackage trickle down economics
— Hillary Clinton
Justin Trudeau: Marijuana Profits Criminals
on Friday, June 10, 2016Justin Trudeau Money Quote saying as Prime Minister of Canada that organized crime and street criminals are profiting from illegal marijuana. Justin Trudeau said:
There are billions upon billions of dollars flowing into the pockets of organized crime, street gangs and gun-runners, because of the illicit marijuana trade, and if we can get that out of the criminal elements and into a more regulated fashion we will reduce the amount of criminal activity that’s profiting
— Justin Trudeau
Bernie Sanders: Bankers Have No Shame
on Tuesday, May 31, 2016Bernie Sanders Money Quote saying bankers act with impunity to increase profits by defrauding the public and pay fines like they were simply business expenses. Bernie Sanders said:
Top bankers have shown no shame for their bad behavior and have made no apologies to the public. The billions and billions of dollars of fines they have paid for financial fraud are just another cost of doing business, another shortcut to unjust profits
— Bernie Sanders
Bernie Sanders: Banks Destroyed Economy
on Monday, January 18, 2016Bernie Sanders Money Quotation saying wall street banks were deregulated by government and then created collateralized debt obligation (CDO) which resulted in the great recession. Bernie Sanders said:
Wall Street put billions of dollars in lobbying, in campaign contributions to get the government off their backs. They got the government off their backs. Turns out that they were crooks, and they destroyed our economy. I think it’s time to put the government back on their backs.
— Bernie Sanders
