Admati Quotes & Sayings

No business in the economy has the easy money that banks get to play with ... The existence of banks with single digit amounts of equity is a completely unhealthy existence
that is not only a risk for the banks, but for all of us. — Anat R. Admati

Is this complicated, risky [banking] system the best we can have? — Anat R. Admati

Most men talk too much. Much of my success has been due to keeping my mouth shut. — J. Ogden Armour

When people laughed at him because he walked backward beneath the portico, he said to them: Aren't you ashamed, you who walk backward along the whole path of existence, and blame me for walking backward along the path of the promenade? — Diogenes Of Sinope

Your heart doesn't think. Your heart is stupid. It doesn't consider the relativity of tragedy when it breaks. — Molly Ringwald

Lending dollars to the U.S. government is essentially riskless because the U.S. government can always pay such debts. If necessary, the Federal Reserve can print dollars to pay the debt. — Anat Admati

The politics of banking is bad everywhere, including UK. Eurozone has more problems, unhealthy symbiosis. — Anat R. Admati

Typical reaction to scrutiny: attack and mock messenger and message, minimize the problem, hope attention dies down. — Anat R. Admati

As humanists, we urge today, as in the past that humans not look beyond themselves for salvation. We alone are responsible for our own destiny and the best we can do is muster our intelligence, courage, and compassion to realize our highest aspirations. — Dan Barker

Because so often when we say we're unqualified for something, what we're really saying is that we're too scared to try it, not that we can't do it. — Jen Sincero

I nodded, my eyes firmly on the road. Yeah, but it's an old one; there hasn't been anybody planted there for years. — Yasmine Galenorn

Beware of economists who hide assumptions. — Anat R. Admati

It's not a bad time to be me. — Eddie Vedder

Anyone interested in the past, present, or future of banking and financial crises should read The Bankers' New Clothes. Admati and Hellwig provide a forceful and accessible analysis of the recent financial crisis and offer proposals to prevent future financial failures. While controversial, these proposals
whether you agree or disagree with them
will force you to think through the problems and solutions. — Michael J. Boskin