Quotes & Sayings About Banking

There is a banking adage that if it's growing like a weed, it's a good chance that it's a weed. — Mark Zandi

Mr Witherington senior persuaded his son to enter the banking-house, and, as a dutiful son, he entered it every day; but he did nothing more, having made the fortunate discovery that "his father was born before him;" or, in other words, that his father had plenty of money, and would be necessitated to leave it behind him. — Frederick Marryat

Banking types should take their cue from Gordon Gekko. Or pick the best-looking banker in their firm and copy him. — Tom Ford

Massive progress has been made in the last five years. More progress has to be made in terms of fiscal union and banking union. — Christine Lagarde

No one has the right to not assume that the business cycle will turn! Every five years or so, you have got to assume that something bad will happen. — Jamie Dimon

The Birmingham campaign was a repeat of SCLC's 1961 campaign in Albany, Georgia, which turned out a complete failure. King was banking on being able to fill up the jails and still have recruits willing to engage in civil disobedience, shutting the system down, but the authorities simply made their jails "bottomless" by shipping detainees elsewhere. A couple years later, black residents of Albany rioted, suggesting what they thought about their experience with nonviolence (these riots are not mentioned in most chronologies of the movement). — Anonymous

Banking is very good business if you don't do anything dumb. — Warren Buffett

Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises with debt spending — Nassim Nicholas Taleb

Monetary reform, if it is to be genuine and successful, must sever money and banking from politics. That's why a modern gold standard must have: no central bank; no fixed rations between gold and silver; no bail-outs; no suspension of gold payments or other bank frauds; no monetization of debt; and no inflation of the money supply, all of which have proved so disastrous in the past. — Lawrence Reed

I believe entertainers should know what's going on and do their own banking. — Stephanie Mills

Banking was still in such a rudimentary state that even bankers seemed to be baffled by it. — Virginia Cowles

Don't do anything stupd. And don't waste money. Let everybody else waste money and do stupid things; then we'll buy them. — Jamie Dimon

In my opinion humanity is being prayed upon, I mean as a species. Not only by old satanic families like the Rothschilds and Rockefellers, Collins, Dupont, Warner, Russell, the world's monarchies, the Vatican. But also prayed upon by these family's employees, by governments, by the military, by banking institutions, by academia. So who does that leave? That's all the people who aren't wealthy, aren't connected, aren't educated, who are easy to manipulate, are easy to persecute and who don't believe any of the issues which you cover on Red Ice. And that's a problem. And that breaks my heart. — Sean Young

I've been banking my holidays, which means I take time off later in the year. It makes it a lot easier to fit filming in; it can be quite challenging to study and film at the same time. — Bindi Irwin

One nation banking recognises that banks must not be isolated from the rest of the economy. Because banks and small businesses must succeed or fail together, banks must lend to small businesses so we can get the growth and jobs we need for the future. As things stand, that is not happening enough. Lending was down £10.8billion last year. — Ed Miliband

In the simplest sense, the key to the performance of any traditional commercial bank ... is the profitability of the loans it makes. — Robert G. Wilmers

When you work with web design companies in San Francisco, you end up with a bunch of twenty-somethings who have their own cultural peculiarities, including obscurity for its own sake. You give those guys a website for a banking institution and they screw it up, because they are designing for themselves. — Brenda Laurel

We need to increase the transparency of shadow banking markets so that authorities can monitor for signs of excessive leverage and unstable maturity transformation outside regulated banks. — Janet Yellen

the Gilded Age Senate was in fact more subservient to established interests than the current one. It was during this period that the Senate came to be called "the Millionaire's Club," because industrial and banking magnates, having amassed huge fortunes, often bought themselves Senate seats so they could protect their wealth on the spot. — Garrett Epps

There have been three great inventions since the beginning of time: fire, the wheel, and central banking. — Will Rogers

In Los Angeles on Black Friday, a woman pepper sprayed Wal-Mart shoppers who tried to cut in line. The police acted fast by immediately hiring her to get rid of peaceful protesters outside banking institutions all across the United States. — Craig Ferguson

To achieve these Jeffersonian ends, Alexander Hamilton - Jefferson's philosophical rival - devised an ingenious strategy that entailed a strong manufacturing base, a national banking system, a centralized federal government, and an export-led economic scheme protected by the U.S. Navy. — Patrick Mendis

My father is a retired army captain and banking software salesman, and my mother is an English teacher. — Jim Parrack

When you need to borrow money the Mob seems like a better deal I think. 'You don't pay me back I break both yer legs.' Is that all? You won't take my house or wreck my credit rating? Fine where do I sign. Legs? Fine. You don't even have to sign anything. — Craig Ferguson

The modern banking system manufactures money out of nothing. — Josiah Stamp

If I had quietly retired as governor in 2007 and went into banking or something of that nature, I would have been, at most, a footnote in the story and probably never mentioned. — Mike Huckabee

She wanted to take a look at you, too. She heard you were a hunk."
"Is that so?" Amused, Brian shifted. "Did you tell her that?"
"I certainly did not. I have more respect for you than to speak of you in such a sexist way."
"Respect's a good thing." He yanked her into the box, crushing his mouth to hers before she could laugh. "But I'm banking on passion just at the moment. Have you passion for me, Keeley?" he murmured against her mouth. — Nora Roberts

I didn't fit the typical profile of a trader. I was an English major working on a novel at night. Most everyone else was a maths or economics major; most everyone else had relatives or family in banking. — Philipp Meyer

The ultimate arbiters of the models of banking and the management of banking are the investors. It's the shareholders. — Bob Diamond

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

If you've taken Econ 101, you know that the quantity of money rises only when the banking system makes a net loan. — Kenneth Fisher

You're having government spending on the economy being cut almost everywhere. That means that the only source of spending for growth has to come from borrowing from the banking system. — Michael Hudson

I'd make banks more accountable. I think they should separate totally the personal banking arm with whatever else they are playing around with. — Anne Robinson

The whole profit of the issuance of money has provided the capital of the great banking business as it exists today. — Frederick Soddy

There's never been a safer time to go for a ride. Sadly, though, there's a problem. You see, cycling is seen now not as something that might be exhilarating or even useful but as a frontline propaganda weapon in the war on capitalism, banking, freedom, McDonald's, injustice, Swiss drug companies, rape and progress. Every morning London is chock-full of little individually wrapped Twiglets, their wizened faces contorted with hatred for all that they see. Fat people. Cars. Chain stores. It's all fascism. Fascism, d'you hear? From what they see as the moral high ground, they sneer at pedestrians, howl at buses, bang on cars, scream at taxi drivers and charge through every convention that defines society with their walnutty bottoms in the air and their stupid legs going nineteen to the dozen. — Jeremy Clarkson

If congress has the right under the Constitution to issue paper money, it was given them to use themselves, not to be delegated to individuals or corporations. — Andrew Jackson

The general culture of investment banking has deteriorated over the years. We did a $6 million deal years ago for Diversified Retailing and we were rigorously and intelligently screened. They bankers cared and wanted to protect their clients. The culture now is that anything that can be sold for a profit will be. 'Can you sell it?' is the moral test, and that's not an adequate test. — Charlie Munger

We are all socialists now, it seems. John McCain, David Cameron and Gordon Brown attack bankers' irresponsible behaviour and salaries, and call for state intervention in the financial markets. But these calls will not get them elected or re-elected if they are addressed only to the banking sector. — Noreena Hertz

Stock dealers and banking companies, by the aid of a paper system, are enriching themselves to the ruin of our country, and swaying the government by their possession of the printing presses, which their wealth commands and by any other means, not always honorable to the character of our countrymen. — Thomas Jefferson

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

The banking collapse was caused, more than anything, by bad government policy and the total failure of bad regulation, rather than by greed. — Nigel Farage

Such regulations may, no doubt, be considered as in some respect a violation of natural liberty. But those exertions of the natural liberty of a few individuals, which might endanger the security of the whole society, are, and ought to be, restrained by the laws of all governments; of the most free, as well as or the most despotical. The obligation of building party walls, in order to prevent the communication of fire, is a violation of natural liberty, exactly of the same kind with the regulations of the banking trade which are here proposed. — Adam Smith

Get the
Jews out of banking and they cannot control the economic life
of the community. Get the Jews out of education and they cannot
pervert the minds of the young to their subversive doctrines.
Get the Jews out of government and they cannot betray the
nation. — Eustace Mullins

Banking and after-dinner speaking are two of the most nonessential industries we have in this country. I am ready to reform, if they are. — Will Rogers

I doubt if there is any occupation which is more consistently and unfairly demeaned, degraded, denounced, and deplored than banking. — William Proxmire

We do recognise that there are areas where the current financial services market, the banking market, just isn't working for chunks of the British economy. — Vince Cable

A long-term relationship is about showing up and working hard and banking on each other. If one's down, the other might be up and can help the other one up, and sometimes you're both down and you just [band] together. Endurance is a big theme of it for me. That might not sound romantic, but I kind of think that it is. — Rob Delaney

It is extremely difficult for our contemporaries to conceive of the conditions of free banking because they take government interference with banking for granted and as necessary. — Ludwig Von Mises

It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. — Henry Ford

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. I'll be all right; I've got a few veg. — Margaret Drabble

We all rely on technology to communicate, to survive, to do our banking, to shop, to get informed, but none of us knows how to read and write the code. — Will.i.am

It's been said that love is all there is; that a lack of love causes people to do evil things. I can buy that. Take it a step further: capitalism, by itself, is not a bad thing; but when taken to an extreme, as it has been in America - when Christmas is but a measuring stick for how well the economy is doing, when Wall Street and the banking industry turn nescient heads to morality in pursuit of the Almighty Dollar, when love of money overshadows love of self and others - what then?
In the grand scheme of the universe - whatever that scheme may be - when one considers its immensity, that it has existed for billions of years, some of us realize how insignificant our seventy or eighty years is; while others, for whatever reason (selfishness?) pursue materialism to a vulgar degree. In the end, what does all that matter, really?
It's nice to spoil oneself from time to time; but really, life's true gift to oneself is doing and giving to others. That's love. — J. Conrad Guest, Novelist

Why did investment banking pay so many people with so little experience so much money? Answer: When attached to a telephone, they could produce even more money. How could they produce money without experience? Answer: Producing in an investment bank was less a matter of skill and more a matter of intangibles - flair, persistence, and luck. — Michael Lewis

In a very humbling process, the Swiss have had to admit to their faults and compromise on secrecy, changing the law and releasing the names of bank clients to please the US, as well as signing a dozen double taxation agreements in six months to please the OECD. — Clare O'Dea

Regulation is necessary, particularly in a sector, like the banking sector, which exposes countries and people to a risk. — Christine Lagarde

The job has its grandeurs, yes. There is the exultation of arriving safely after a storm, the joy of gliding down out of the darkness of night or tempest toward a sun-drenched Alicante or Santiago; there is the swelling sense of returning to repossess one's place in life, in the miraculous garden of earth, where are trees and women and, down by the harbor, friendly little bars. When he has throttled his engine and is banking into the airport, leaving the somber cloud masses behind, what pilot does not break into song? — Antoine De Saint-Exupery

The stables of Versailles in December were not renowned for illumination, but Eliza could hear the gentleman's satins hissing and his linens creaking as he bowed. She made curtseying noises in return. This was answered by a short burst of scratching and rasping as the gentleman adjusted his wig. She cleared her throat. He called for a candle and got a whole silver candelabra, a chevron of flames bobbing and banking like a formation of fireflies through the ambient miasma of horse breath, manure gas and wig powder. — Neal Stephenson

When corporations are given the ring of Gyges, we can expect catastrophic results (for the ecosystem, the banking system, public health, etc.). — Jonathan Haidt

Well what would happen is that if Greece defaulted and couldn't pay its debts, all the Greek bonds that are held in other banking systems across Western Europe would suddenly have no value. You could as a knock-on effect create a banking crisis in Western Europe. — John Major

We think that in Mexico, online trading of shares and financial instruments is not going to be as important as it is in the U.S. On days that there is a banking holiday in the U.S., you hardly see any movement here on the stock exchange. — Carlos Slim

It is not by augmenting the capital of the country, but by rendering a greater part of that capital active and productive than would otherwise be so, that the most judicious operations of banking can increase the industry of the country. — Adam Smith

Our banking system grew byaccident; and wherever something happens byaccident, it becomes a religion. — Bill Vaughan

Intellectually and compassionately explaining the reason freedom works is required for credibility. — Ron Paul

My grandmother got her law degree from Syracuse University in roughly 1911 and later co-founded with her husband an investment banking firm on Wall Street known as Lebenthal & Co. — H. G. Bissinger

Time is a valuable wealth. — Lailah Gifty Akita

After graduating from college I worked at a variety of jobs, from banking to politics. I enjoyed whatever I was doing at the time but I didn't love my work. — Joe Flanigan

I have been working in male-dominated industries most of my life. When I started my career in investment banking, I was one of two women in my analyst class. — Carol Roth

Without deposit banking modern economies would be impossible. Banks are not only a means of safeguarding money, but also a method of maintaining a constant and energetic flow of capital within a complex economy. Without deposit banking money that is saved is hidden away and removed from the economy - it does nothing except preserve its original worth. Deposit banking, however, allows saved money to be loaned and invested, thereby producing more wealth. — Thomas F. Madden

We can remove poverty from the surface of the earth only if we can redesign our institutions - like the banking institutions, and other institutions; if we redesign our policies, if we look back on our concepts, so that we have a different idea of poor people. — Muhammad Yunus

Adventure is the life of commerce, but caution is the life of banking. — Walter Bagehot

Von Pein's family was a little known, but highly influential entity within American banking circles. Banking Royalty, some called it. His grandfather had been one of the chief orchestrators of the Federal Reserve Act of 1913, which effectively took ownership of the bank from the American people. — James Morcan

In many parts of India, chit funds address gaps left by the traditional banking sector. — R. Vaidyanathan

I was educated in a private school in England amongst people who had been trained for sort of banking or the Army or business. As I came towards the end of my education, I thought I must find something or I'll never meet any of these people again. — Jeremy Irons

We think it would be safer if the Bank of England had responsibility for solvency regulation of UK-based banks, as well as having an overall duty to keep the system solvent. Otherwise, there could be dangerous delays if a banking crisis did hit. — John Redwood

A good way to figure out how likely it is that the directors are sucking money out of a company is to draw a chart with each director's name in a box. Read through the Management section, and each time you identify a professional or personal connection between two directors, connect their boxes with a line. If you also happen to know about other relationships between directors, for instance one director is married to the other director's daughter, or one director is an old college buddy of another director, you can draw a line in there as well. If, upon completion, the chart looks like a spider web then hold on to your wallet. — Peter Troob

The president, the secretary of state, the businessman, the preacher, the vendor, the spies, the clients and managers - all walking around Wall Street like chickens with their heads cut off - rushing to escape bankruptcy - plotting to melt down the Statue of Liberty - to press more copper pennies - to breed more headless chickens - to put more feathers in their caps - medals, diplomas, stock certificates, honorary doctorates - eggs and eggs of headless chickens - multitaskers - system hackers - who never know where they're heading
northward, backward, eastward, forward, and never homeward - (where is home) - home is in the head - (but the head is cut off) - and the nest is full of banking forms and Easter eggs with coins inside. Beheaded chickens, how do you breed chickens with their heads cut off? By teaching them how to bankrupt creativity. — Giannina Braschi

It does no one any good to say their novel sucks if you don't have an idea how to make it better, how to approach it from different angles and make it work. It's obviously a subjective process, right? But the thing about subjectivity, at least in the classroom, is that you're banking on your professor's subjectivity to be both personal and professional - that he or she has some sense about the world outside the workshop. — Tod Goldberg

A tiny portion of the population controls the lions share of the wealth and most of the command positions of state, manufacturing, banking, investment, publishing, higher education, philanthropy, and media ... these individuals exercise a preponderant influence over what is passed off as public information and democratic discourse. — Michael Parenti

There's definitely evidence that capitalism at its most ruthless rewards psychopathic behavior. When you look at the worst corners of the American health insurance industry or the sub-prime banking market, it really feels like the more psychopathically someone behaves, the more it's rewarded. — Jon Ronson

Historically, usury was defined as any interest whatever on an unproductive loan.Our whole banking system I have ever abhorred, I continue to abhor, and I shall die abhorring. — John Adams

Usury is the cancer of the world, which only the surgeon's knife of fascism can cut out of the life of the nations. — Ezra Pound

Finally, in our progress toward a resumption of work we require two safeguards against a return of the evils of the old order: there must be a strict supervision of all banking and credits and investments; there must be an end to speculation with other people's money, and there must be provision for an adequate but sound currency. — Franklin D. Roosevelt

In the banking concept of education, knowledge is a gift bestowed by those who consider themselves knowledgeable upon those whom they consider to know nothing ... The teacher presents himself to his students as their necessary opposite; by considering their ignorance absolute, he justifies his own existence. — Paulo Freire

In the U.S. more than any other place, the banking system is insane. Millions of Americans lost their houses. Because of what? Because of the banking system. This American banking system is also coming to Europe. We can say today that the banks and high financiers run the world. — Costa-Gavras

Thomas Jefferson had rather serious concerns about the fate of the democratic experiment.28 He feared the rise of a new form of absolutism that was more ominous than the British rule overthrown in the American Revolution. He distinguished in his later years between what he called "aristocrats and democrats."29 And then he went on to say, "I hope we shall ... crush in its birth the aristocracy of our moneyed corporations, which dare already to challenge our government to a trial and bid defiance to the laws of our country."30 He also wrote, "I sincerely believe ... that banking establishments are more dangerous than standing armies."31 That's the kind of quote from a Founding Father you don't see too much. — Noam Chomsky

The Kaiser Wilhelm Institute's eugenics studies were initially endowed by Gustav Krupp von Bohlen und Halbach, the head of the Krupp munitions monolith, and James Loeb, of the Kuhn-Loeb banking family. Loeb's relatives, the Warburgs, were banking partners of William Rockefeller, and both families were responsible for setting up the American Harriman family - also movers and shakers in eugenics - in business. — Jim Keith

Rather than going through a commercial banking training program, at the first bank I ever worked in, I was the chairman. And it was my own money, so we loaned it out like it was my own money. — Gerald J. Ford

Irrational lenders come and go - mostly they go! — John G. Stumpf

If we're talking about buying exchanges abroad, we have to have global securities standards, as we have global banking regulations. I'm talking about margins. Now, the United States has certain margin requirements that are not the same in London. Investors and hedge funds that want to borrow more money against securities ? if they can't in the U.S., they go abroad. That could add additional risks to the global economy. — Muriel Siebert

Banks have done more injury to the religion, morality, tranquility, prosperity, and even wealth of the nation than they can have done or ever will do good. — John Adams

Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional business and retail lending activities as banks try to rebuild their balance sheets. This was one aspect of modern financial liberalisation that had dire consequences. — Vince Cable

If we imagine the action of a vaccine not just in terms of how it affects a single body, but also in terms of how it affects the collective body of a community, it is fair to think of vaccination as a kind of banking of immunity. Contributions to this bank are donations to those who cannot or will not be protected by their own immunity. This is the principle of herd immunity, and it is through herd immunity that mass vaccination becomes far more effective than individual vaccination. — Eula Biss

The Goldschmidts had joined forces with other Rothschild cousins, the Bischoffsheims, to form a banking partnership which financed the North in the American Civil War. — David Icke

Web banking lets you monitor your spending, tweak your budget, schedule payments, and more, particularly if you marry your online bank with the personal-finance management tools available online. — Jean Chatzky

Was a book by Arthur Raistrick called Quakers in Science and Industry and I glanced through it for a few minutes, then carried it to a nearby chair and sat reading for about half an hour, so unexpectedly absorbed did I become. I hadn't realized it, but Quakers in the Darbys' day were a bullied and downtrodden minority in Britain. Excluded from conventional pursuits like politics and academia, they became big in industry and commerce, particularly, for some reason, in banking and the manufacture of chocolate. The Barclays and Lloyds banking families and the Cadburys, Frys, and Rowntrees of chocolate renown were all Quakers. They and many others made Britain a more dynamic and wealthy place entirely as a consequence of being treated shabbily by it. It had never occurred to me to be unkind to a Quaker, but if that's what it takes to get the country back on its feet again, I am prepared to consider it. - — Bill Bryson

The real power is not corporate; it is private. They choose not to have a name. It is a dynasty of banking families - Rothschild and Rockefeller being two - that operate chiefly out of London, in the boardrooms out of the city of London and the Bank of England, which they own. — Betty Dodson

Only put money in the banking system that you can afford to lose! — Max Keiser

Banking gives you a glimpse into what makes companies succeed and what makes companies fail. — Sally Jewell

Refuting the false promises requires philosophic understanding of economic interventionism, central banking, and the deeply flawed foreign policy of meddling in the affairs of other nations. — Ron Paul

The International Monetary Fund basically acted as the world's debt enforcers - "You might say, the high-finance equivalent of the guys who come to break your legs." I launched into historical background, explaining how, during the '70s oil crisis, OPEC countries ended up pouring so much of their newfound riches into Western banks that the banks couldn't figure out where to invest the money; how Citibank and Chase therefore began sending agents around the world trying to convince Third World dictators and politicians to take out loans (at the time, this was called "go-go banking"); how they started out at extremely low rates of interest that almost immediately skyrocketed to 20 percent or so due to tight U.S. money policies in the early '80s; how, during the '80s and '90s, this led to the Third World debt crisis; how the IMF then stepped in to insist that, in order to obtain refinancing, poor countries would be obliged to abandon price supports on — David Graeber