#financial

Being rich is a good thing. Not just in the obvious sense of benefitting you and your family, but in the broader sense. Profits are not a zero sum game. The more you make, the more of a financial impact you can have. ↗

— Mark Cuban

#being #being rich #broader #family #financial

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

A profound political question is suddenly on the table: Must the country continue to give precedence to private financial gain and market determinism over human lives and broad public values? ↗

— William Greider

#continue #country #determinism #financial #gain

When I was 5, some financial things happened, and I moved seven times in a year. We moved from apartment to apartment, sometimes living with friends. My mom would always say, 'Don't get comfortable, because we may not be here long.' ↗

— LeBron James

#apartment #because #comfortable #financial #friends

President Obama has basically avoided or not done any attempt to intervene in any positive way in the housing market. I think in the financial crisis that's been a shame. ↗

— Glenn Hubbard

#attempt #avoided #basically #been #crisis