#banks

Banks operate like a man who either wears his trousers round his chest, stifling breathing, as now, or round his ankles, exposing his assets. We want their trousers tied round their middle: steady lending growth; particularly to productive British business, especially small scale enterprise. ↗

— Vince Cable

#assets #banks #breathing #british #business

On banks, I make no apology for attacking spivs and gamblers who did more harm to the British economy than Bob Crow could achieve in his wildest Trotskyite fantasies, while paying themselves outrageous bonuses underwritten by the taxpayer. There is much public anger about banks and it is well deserved. ↗

— Vince Cable

#achieve #anger #apology #attacking #banks

The real problem at the moment is that the banks - because of their existing culture, which is frankly anti-business, obsession with short-term trading profits, not focusing on the long term - are throttling the recovery of British industry. ↗

— Vince Cable

#because #british #culture #existing #focusing

There's another way we are getting behind business - by sorting out the banks. Taxpayers bailed you out. Now it's time for you to repay the favour and start lending to Britain's small businesses. ↗

— David Cameron

#another way #bailed #banks #behind #britain

Before 1980, it was basically illegal for U.S. banks to invent new products. ↗

— Scott Cook

#basically #before #illegal #invent #new

If you go back to the time of J.P. Morgan, the world of high finance was completely wholesale. The prestigious investment banks on Wall Street appealed exclusively to large corporations, governments, and to extremely wealthy individuals. ↗

— Ron Chernow

#back #banks #completely #corporations #exclusively

In the financial system we have today, with less risk concentrated in banks, the probability of systemic financial crises may be lower than in traditional bank-centered financial systems. ↗

— Timothy Geithner

#concentrated #crises #financial #financial crises #financial system

Banks have a new image. Now you have 'a friend,' your friendly banker. If the banks are so friendly, how come they chain down the pens? ↗

— Alan King

#banker #banks #chain #come #down

Banks introduced the installment plan. The disappearance of cash and the coming of the credit card changed the shape of life in the United States. ↗

— Jerzy Kosinski

#card #cash #changed #coming #credit

The government wants to control the banks, just as it now controls GM and Chrysler, and will surely control the health industry in the not-too-distant future. Keeping them TARP-stuffed is the key to control. ↗

— Stuart Varney

#chrysler #control #controls #future #gm