#financial

Don't reward bad behavior. It is one of the first rules of parenting. During the financial cataclysm of 2008, we said it differently. When we bailed out banks that had created their own misfortune, we called it a 'moral hazard,' because the bailout absolved the bank's bad acts and created an incentive for it to make the same bad loans again. ↗

— Eliot Spitzer

#again #bad #bailed #bailout #bank

Imagine if the pension funds and endowments that own much of the equity in our financial services companies demanded that those companies revisit the way mortgages were marketed to those without adequate skills to understand the products they were being sold. Management would have to change the way things were done. ↗

— Eliot Spitzer

#being #change #companies #demanded #done

Once again, the puppets on Capitol Hill are about to slam the Muppets on Main Street. The country still hasn't recovered from the Wall Street-induced financial cataclysm of 2008, yet Congress is preparing to enact the Orwellian 'JOBS Act' - a bill that should in fact be called the 'Return Fraud to Wall Street in One Easy Step Act.' ↗

— Eliot Spitzer

#act #again #bill #called #capitol

Like I said, I've got too much respect for women to marry them, but that doesn't mean you can't support them emotionally and financially. ↗

— Sylvester Stallone

#financially #got #i #like #marry

I agree that there are some bad apples on Wall Street. I spent about ten years exposing corporate and financial fraud for 'Barron's' magazine and I found a lot to write about. ↗

— Ben Stein

#agree #apples #bad #corporate #exposing

I get the feeling a lot of politicians are there to help themselves financially, first and foremost. ↗

— Gordon Strachan

#financially #first #foremost #get #help

I feel that one of the most important lessons that can be learned is that what we "see" may be different than what is actually in front of us. ↗

— Mark Singer

#retirement #retirement-planning #change

Learn the lessons of history. Don't let how you feel about your tenure at your organization drive you to make poor investment decisions that could potentially derail a successful retirement. ↗

— Mark Singer

#retirement #retirement-planning #change

You'd think (losing his job and degree for having made false claims as a researcher) would be a lesson to him," said Miss Hillyard. "It didn't pay, did it? Say he sacrificed his professional honour for the women and children we hear so much about -- but in the end it left him worse of." But that," said Peter, "was only because he committed the extra sin of being found out. ↗

— Dorothy L. Sayers

#dishonesty #falsification #family #financial-distress #honor

I've found that the less stuff I own, the less my stuff owns me. ↗

— Nathan W. Morris

#freedom #minimalism #peace #freedom