Quotes by Banking Sound money and free banking are not impossible; they are merely illegal. Hans F. Sennholz banking sound impossible The federal [bank deposit] insurance scheme has worked up to now simply and solely because there have been very few bank failures. The next time we have a pestilence of them it will come to grief quickly enough, and if the good banks escape ruin with the bad ones it will be only because the taxpayer foots the bill. H. L. Mencken pestilence banking grief It's a safe banking system, a sound banking system. Our regulators are on top of it. This is a very manageable situation. Henry Paulson banking safe sound Thus, our national circulating medium is now at the mercy of loan transactions of banks, which lend, not money, but promises to supply money they do not possess Irving Fisher banking historical promise Progress is cumulative in science and engineering, but cyclical in finance. James Grant engineering banking progress [T]he first bad bank loan was no doubt made around the time of the opening of the first bank. James Grant banking doubt firsts It is an axiom nowadays that no bank fails for lack of capital; unprofitable lending is always the underlying cause. James Grant banking failing causes The fundamental problem with banks is what it's always been: they're in the business of banking, and banking, whether plain vanilla or incredibly sophisticated, is inherently risky. James Surowiecki vanilla banking fundamentals 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 banking waste stupid 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 banking assuming years Part of the concept of the euro zone was to establish a common market. The banks were going to bank across all their countries like we bank across states. But that concept got killed for a whole bunch of reasons that I won't get into. That was a good concept, by the way. It may yet return, because there are huge economies of scale in banking. That's another thing people don't quite get. Jamie Dimon banking country people You don't run a business hoping you don't have a recession. Jamie Dimon banking recessions running 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 banking maturity shadow I would like to believe in an afterlife; it makes things more palatable. But I'm not banking on it. Jarvis Cocker afterlife banking believe I hesitate to deposit money in a bank. I am afraid I shall never dare to take it out again. When you go to confession and entrust your sins to the safe-keeping of the priest, do you ever come back for them? Jean Baudrillard safe-keeping banking bankers I hesitate to deposit money in a bank. I am afraid I shall never dare to take it out again Jean Baudrillard safe-keeping banking bankers I only know one thing: Everything I learned about the banking business, I learned in the banking towers of the Societe. Jerome Kerviel banking towers knows 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 eugenics banking study 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 banking college jobs 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 banking morality done «123456789»