Quotes & Sayings About Finance Industry

You want to put out a TV show? If you have the money to do it on your own, by yourself, and you have a TV network, you can do it by yourself. But the nature of the beast is, art needs finance. That's how this industry works. So until the Internet becomes our source of entertainment - and watch it, I believe it will - this is how things go. — Nathan Fillion

There have been a lot of critiques of the finance industry's having possibly foisted subprime mortgages on unknowing buyers, and a lot of those kinds of arguments are even more powerful when used against college administrators who are probably in some ways engaged in equally misleading advertising. — Peter Thiel

Giving government aid to a bank basically transforms it into a utility. The huge salaries in this sector are only a symptom of a more profound misalignment. The profitability of the finance industry has been excessive. That is absurd. — George Soros

New York is the city of privilege. Here is the seat of the Invisible Power represented by the allied forces of finance and industry. This Invisible Government is reactionary, sinister, unscrupulous, mercenary, and sordid. It is wanting in national ideals and devoid of conscience ... This kind of government must be scourged and destroyed. — William Jennings Bryan

Without industry, finance and government consciously and collaboratively ensuring that capital flows to where it is needed in order to ensure the scaling up of climate change solutions, whatever deal is agreed risks never being realised. — Noreena Hertz

The nature of the beast is, art needs finance. That's how this industry works. — Nathan Fillion

You look at marketing: everything that's happening in marketing is digitized. Everything that's happening in finance is digitized. So pretty much every industry, every function in every industry, has a huge element that's driven by information technology. It's no longer discrete. — Satya Nadella

Most Republicans are not prepared to stand up to the fossil fuel industry because they get a lot of their campaign funds from the Koch brothers and other people in the fossil fuel industry. That tells me why we have to reform our campaign finance system. — Bernie Sanders

Let's face a historical truth: we have never had a "free market", we have always had government intervention in the economy, and indeed that intervention has been welcomed by the captains of finance and industry. They had no quarrel with "big government" when it served their needs. — Howard Zinn

The great leaders of business, industry, finance, and the great artists, musicians, poets, and writers became great, because they developed the faculty of creative imagination. — Napoleon Hill

One of the reasons Wall Street had cooked up this new industry called structured finance was that its old-fashioned business was every day less profitable. The profits in stockbroking, along with those in the more conventional sorts of bond broking, had been squashed by Internet competition. — Michael Lewis

You still could go to some industry or some university or the government and if you could persuade them you had something on the ball - why, then, they might put up the cash after cutting themselves in on just about all of the profits. And, naturally, they'd run the show because it was their money and all you had done was the sweating and the bleeding. — Clifford D. Simak

When Steve Eisman stumbled into this new, rapidly growing industry of specialty finance, the mortgage bond was about to be put to a new use: making loans that did not qualify for government guarantees. The purpose was to extend credit to less and less creditworthy homeowners, not so that they might buy a house but so that they could cash out whatever equity they had in the house they already owned. — Michael Lewis

When you're a conservative Republican, you never think people are making money by ripping other people off," he said. His mind was now fully open to the possibility. "I now realized there was an entire industry, called consumer finance, that basically existed to rip people off. — Michael Lewis

If you want to fight the evil you see in finance and industry, get to work reading the corporate filings, see if there has been fraud, and where you find it, report it to the SEC or write about it or blog about it. — Ben Stein

In 1902 I left the A.E.G. in order to enter finance. I joined the management of one of our big banks, the Berliner Handelsge-Sellschaft, and reorganized a great part of its industrial undertakings. I gained an insight into German and foreign industry, and belonged at that time to nearly a hundred different concerns. To recognize and create a demand is the secret of all sound business. — Walther Rathenau

The combination of these two trends - declining real wages and inflated asset prices - led the American middle class to use debt as a substitute of income. People lacked adequate earnings but felt wealthier. A generation of Americans grew accustomed to borrowing against their homes to finance consumption, and banks were more than happy to be their enablers. In my generation, second mortgages were considered highly risky for homeowners. The financial industry re-branded them as home equity loans, and they became ubiquitous. Third mortgages, even riskier, were marketed as 'home equity lines of credit. — Robert Kuttner

I spent several years in the film finance business, but I returned to what I loved most about the industry - actual filmmaking, producing, writing and directing. — Gabriel Campisi

I believe strongly that we need a finance industry that is good for the economy, and I don't think anybody would argue that during the eight years leading up to the Great Recession, a lot of bets were made [and] risks taken that weren't good for the economy. — Hillary Clinton

I have come to call this shadow government the Deep State...a hybrid association of key elements of government and parts of top-level finance and industry that is effectively able to govern the United States with only limited reference to the consent of the governed as normally expressed through elections — Mike Lofgren

The mutual fund industry has been built, in a sense, on witchcraft. — John C. Bogle

Marx wrote about finance and industry all his life but he only knew two people connected with financial and industrial processes. One was his uncle in Holland, Lion Philips, a successful businessman who created what eventually became the vast Philips Electric Company. Uncle Philips' views on the whole capitalist process would have been well-informed and interesting, had Marx troubled to explore them. But he only once consulted him, on a technical matter of high finance, and though he visited Philips four times, these concerned purely personal mattes of family money. The other knowledgeable man was Engels himself. But Marx declined Engel's invitation to accompany him on a visit to a cotton mill, and so far as we know Marx never set foot in a mill, factory, mine or other industrial workplace in the whole of his life. — Paul Johnson

The greatest factors making for communism, socialism or anarchy among a free people are the excesses of capital. The talk of the agitator does not advance socialism one step. The great captains of industry and finance ... are the chief makers of socialism. — Louis D. Brandeis

The crash did not cause the Depression: that was part of a far broader malaise. What it did was expose the weaknesses that underpinned the confidence and optimism of the 1920s - poor distribution of income, a weak banking structure and insufficient regulations, the economy's dependence on new consumer goods, the over-extension of industry and the Government's blind belief that promoting business interests would make America uniformly prosperous. — Lucy Moore

In sectors like energy, I haven't been arguing for more spending per se; I've been arguing that it doesn't make sense for us to spend $4 billion subsidizing an oil industry that's mature and very profitable. We should be using that money to finance clean energy of the future. — Barack Obama

Everyone knows in the industry that when these great roles come up, every two years, there's a huge number of people up for them. I'm not one of those top five females that can personally finance any film. — Joely Richardson

When you print money, the money does not flow evenly into the economic system. It stays essentially in the financial service industry and among people that have access to these funds, mostly well-to-do people. It does not go to the worker. — Marc Faber

Materialism has defeated feminism as well. In a sign of the times, Gloria Steinem was on the picket line when the first American DeBeers store opened on Fifth Avenue in June 2005, protesting the evictions of Bushmen in Botswana to make room for diamond miners and the charges that the company dealt in "blood diamonds" used to finance civil wars in Africa.
Her presence meant nothing to young Hollywood beauties who are pleased to shill for the diamond industry in magazine layouts and personal appearances.
As Steinem stood outside, Lindsay Lohan was inside the party, gushing over the possibility that she could get to wear one of the big rocks.
Asked by reporters about the Bushmen controversy, she shrugged it off: "I don't get involved in any drama. — Maureen Dowd

We might sometimes reflect and recall that the purpose of all our science, technology, industry, manufacturing, commerce, and finance is celebration, planetary celebration. This is what moves the stars through the heavens and the earth through its seasons. The final norm of judgment concerning the success or failure of our technologies is the extent to which they enable us to participate more fully in this grand festival. — Thomas Berry

One of the things that's great about New York is that it is not a one-industry town. It has education, academia, the service industry, arts, publishing, theater, politics, fashion, finance, as well as movie-making. — Sarah Jessica Parker

We need to reverse three centuries of walling the for-profit and non-profit sectors off from one another. When you think for-profit and non-profit, you most often think of entities with either zero social return or zero return on capital and zero social return. Clearly, there's some opportunity in the spectrum between those extremes. What's missing is the for-profit finance industry coming in to that area. Look at the enormous diversity of the for-profit financial industry as opposed to monolithic nature of the non-profit world; it's quite astonishing. — Bill Drayton