#financial

The relationship between the people and their money in California is such that you can pluck almost any city at random and enter a crisis. San Jose has the highest per capita income of any city in the United States, after New York. It has the highest credit rating of any city in California with a population over 250,000. It is one of the few cities in America with a triple-A rating from Moody’s and Standard & Poor’s, but only because its bondholders have the power to compel the city to levy a tax on property owners to pay off the bonds. The city itself is not all that far from being bankrupt. ↗

— Michael Lewis

#financial-crisis-of- #money

It is unsound for an independent editor to be a financial contributor to any cause which would cause any type of special pleading. ↗

— Walter Annenberg

#cause #contributor #editor #financial #independent

The middle and working classes are paying the debt that the financial markets created. ↗

— Javier Bardem

#created #debt #financial #financial markets #markets

I kept an interested eye on the transfer window in England, which opened and closed last month, and the lack of frantic activity just goes to show the current financial state of the game right now. ↗

— David Ginola

#closed #current #england #eye #financial

Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional business and retail lending activities as banks try to rebuild their balance sheets. This was one aspect of modern financial liberalisation that had dire consequences. ↗

— Vince Cable

#aspect #balance #balance sheets #banking #banks

The financial report makes it very clear that if we got into honest budgeting today, that in fact we would find ourselves with a much larger deficit than we have today. ↗

— Jim Costa

#clear #deficit #fact #financial #find

Greece will not manage to get back on its feet without restructuring its debt. There is no way around it. The country's creditors will have to reduce a portion of its debts by extending maturity dates, lowering interest rates or giving them what's called a 'haircut' in financial jargon. ↗

— Peer Steinbruck

#back #called #country #creditors #dates

We did it Disneyland, in the knowledge that most of the people I talked to thought it would be a financial disaster - closed and forgotten within the first year. ↗

— Walt Disney

#did #disaster #disneyland #financial #first

We cannot both preach and administer financial matters. ↗

— Saint Stephen

#administer #both #cannot #financial #matters

I represent Staten Island and Brooklyn, and not just that the financial services industry is important to the U.S., but is disproportionately important to New York City. ↗

— Vito Fossella

#city #disproportionately #financial #financial services #i