#financial

Not every financial company toppled during the 2008 crisis, and some seized the opportunity to take advantage of weaker competitors in the midst of the tumult. ↗

— James C. Collins

#company #competitors #crisis #during #every

While no amount of financial wealth can guarantee an experience of prosperity, it is possible to experience prosperity at almost any level of income, except when we are unable to meet our basic physical needs. ↗

— Shakti Gawain

#amount #any #basic #except #experience

We judged that a sudden, disorderly failure of Bear would have brought with it unpredictable but severe consequences for the functioning of the broader financial system and the broader economy, with lower equity prices, further downward pressure on home values, and less access to credit for companies and households. ↗

— Timothy Geithner

#bear #broader #brought #companies #consequences

There is a basic lesson on financial crises that governments tend to wait too long, underestimate the risks, want to do too little. And it ultimately gets away from them, and they end up spending more money, causing much more damage to the economy. ↗

— Timothy Geithner

#basic #causing #crises #damage #economy

Looking past the immediate crisis, a more resilient system must be built on stronger and better designed shock absorbers, both in the major institutions and in the infrastructure of the financial system. ↗

— Timothy Geithner

#both #built #crisis #designed #financial

As financial markets continue to broaden and deepen, the behavior of asset prices will play an important role in the formulation of monetary policy going forward, perhaps a more important role than in the past. ↗

— Timothy Geithner

#behavior #broaden #continue #deepen #financial

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

Never before in modern times has so much of the world been simultaneously hit by a confluence of economic and financial turmoil such as we are now living through. ↗

— Timothy Geithner

#before #confluence #economic #financial #hit

As an actor, to have achieved financial stability is amazing. But I always have this weird fear that I'm not going to get any more work; it's about not having enough money. ↗

— Paul Giamatti

#achieved #actor #always #amazing #any

I can tell you that when I travel the state, when I talk to people, they are really struggling, in a very real way. They're losing their jobs, they're losing their homes, they're dealing with financial challenges. ↗

— Alexi Giannoulias

#dealing #financial #homes #i #i can