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.
quote by Vince Cable
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With weak balance sheets, banks tend to continue lending unprofitable businesses and leave them existing.
quote by Toshihiko Fukui
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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.
quote by Timothy Geithner
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Casino Queen
Well the money's pouring down and the people all look down,
And it's floating out of town
I hit the second deck and I spend my paycheck,
And my wife that I just met, she's looking like a wreck
Casino Queen, my lord you're mean
I've been gambling like a fiend on your tables so green
I always bet on black, blackjack,
I'll pay you back
The room fills with smoke and I'm already broke,
And the dealer keeps on joking as he takes my last token
Casino Queen, my lord you're mean
I've been gambling like a fiend on your tables so green
Casino Queen, my lord you're mean
I've been gambling like a fiend on your tables so green
song performed by by Wilco
Submitted by Lucian Velea
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Every Aspect Of It!
Just because you do not see me driving,
Do not assume I am not licensed to drive.
Or that I do not 'think'...
Because I do not look the part.
You don't see half the things I do and have done.
Nor are you on my agenda.
And folks who focus their sights on others...
Are the first who find these times we live,
Difficult to adjust.
Even though they feel they 'must'...
Demand understanding,
Without participating in the development of it.
You know the kind...?
The ears closed, mouth open types!
With claims they don't know what is going on!
And rush they do to prevent,
The circumstances of truth.
Coming to bombard and overwhelm.
With the consequences of their ignorance.
You know the kind...?
The ears closed, mouth open types!
Yet conflict they are quick to define...
Instead of using their minds to take time,
Comprehending remedies.
To set aside a strategy...
To stop the havoc that has begun,
Happening in their own lives.
You know the kind...?
The ears closed, mouth open types!
And this kind of mindset today,
Is reflected on a massive scale.
People into minding the business of others...
Have found their business in shambles.
Every aspect of it!
With shock and disbelief,
As a return for their 'investment'!
You know the kind...?
The ears closed, mouth open types!
The ones who rush to cover their butts,
With implusive mindless decisions!
poem by Lawrence S. Pertillar
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International lending banks need to focus on areas where private investment doesn't go, such as infrastructure projects, education and poverty relief.
quote by Joseph Stiglitz
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On the other hand, I think that the family, the traditional family, has a fundamental social role, because it's there that children are born and the investment in children is the greatest investment a country can make. The benefits of this investment go to everyone.
quote by Rocco Buttiglione
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The gambling known as business looks with austere disfavor upon the business known as gambling.
quote by Ambrose Bierce
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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.
quote by David Cameron
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The definition of winning has become distorted. If winning the rights to a property brings with it hundreds of millions of dollars in losses, what have you won? When faced with the prospect of heavy financial losses, we have consistently walked away and have done so again.
quote by Dick Ebersol
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That business of relaxation, which is so terribly modern today, is all good and well, but my work interests me so much, and is so varied, that many times it seems relaxing when I go from one aspect to another.
quote by Arne Jacobsen
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Modern Age
Well I found a road and off I sped
I met a man with no little toe and a real big head
Though I did not speak somehow I said
Where are you from? He said the modern age
And where are you from? I said the modern age
On the shore by the sea that was still lathering
I met a man in the business of hunting and gathering
Somehow we understood each other's blathering
And he said where are you from? I said the modern age
And where are you from? He said the modern age
Stopped at a light in my car
I asked the next car how they are
They say that we are fine and how are you?
I say that I am fine and thank you
I'm feeling fine in the modern age
Driving around in the modern age
Driving around in the modern age
song performed by by Frank Black
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A Gangster's Lament- Do whack a Do
Before I turn out the light,
Before the next nightmare begins,
I think of bones
The condition of my sins.
I see nightclubs where I've been,
Like sheep before I sleep,
Heists, hits, mayhem,
Kids and widows weep.
Wise guys gambling in the back,
Bodies in the trunk of a Cadillac.
My life is like a casino,
Where the wheel of fortune spins,
Odds stacked against me,
Only the casino wins.
Tomorrow I go to prison,
They say for the rest of my life,
I say till I find a crooked guard
Who can smuggle me a knife.
poem by Richard Jarboe
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The fact is that one of the earliest lessons I learned in business was that balance sheets and income statements are fiction, cash flow is reality.
quote by Chris Chocola
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Scale
Her own personal scale
Balancing out
Her imperfections
And humanity
With everything his world holds.
Not ignoring who she is
Or taking what he wants
Leaving the broken, battered gem
The way it is.
He is a balance
Between too much
And too little.
He is honest when he should be
He is honest all the time
He listens to her
And shares his life so.
He laughs and jokes
Yet is serious and calm
He is all she wants
Needs to be.
He takes the gem
From the poked and prodded life
And cares for it
Admires the beauty.
The gem
A pure crystal
He can see right through
Placed in his life.
The cracked hollow parts
Deep within
Are balanced
With the pieces of him
His honesty
Understanding
Healing the diamond so.
But he is her diamond too
What she sees in him
She sees in her.
Not so much
The balance way
But more of
How they view the world.
How she hopes
She's his balance too.
So they balance away
Him the scale
And she the gem (in his eyes) .
poem by Thamer Mager
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I'm in the retail business, not the circus business.
quote by Philip Green
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Credit crunch!
I hear no sound of joy or laughter
As the markets crash like thunder
Take a look at the whole financial bunch
Many made money on just a keypunch
Banks which once stood brave
Are now begging to be saved
With Governments pumping billions into banks
Because many claim to have empty money tanks
People’s savings are wiped off the record
Sit home! Sit home! Calculate what you can afford
For fast is this growing curse flowing
As the financial chaos wind keeps blowing
On each lip only two words are spoken
Credit-Crunch!
Behold the whole Financial Market is broken!
Copyright 2008 - Sylvia Chidi
poem by Sylvia Chidi
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America Cries
America cries.
Her economy dies.
Killed by people you can't trust.
America cries as we bite the dust.
America cries. Now come the whys.
No one could see it?
You've got to be kidding.
America cries as the Neros were fiddling.
The capitalist system is so out of hand.
The capitalists have taken over our land.
What's left for us?
Not much you see
except more taxes for you and for me.
Lending and spending, spending and lending,
the crying and weeping will be never-ending.
America cries and says its goodbyes
to times of financial prosperity.
The financial sting that's played like a game
stock market crashes?
foreclosures to blame?
No. America you played into the hands.
They've dumbed us down so no one understands.
America cries. Where were the wise?
They left long ago and will not return.
America cries for she refuses to learn.
poem by Edwina Reizer
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My early work and publications centered around expanding on the analysis of life insurance in my dissertation and its relationship to investment banking.
quote by Douglass North
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Triple Diamonds
When Chucky was alive, we had such a great time.
Gambling at all the casinos by the MN lakes,
Chucky bet five dollar machines, never high stakes.
At the Grand Casino Chucky was losing so I gave him my chair,
on that machine I prayed and I prayed,
for double diamonds, now I wish I would of stayed.
Seconds later the machine did spit out,
all bright colors and noise really loud
making everyone in their chairs turn about.
I sat on that chair while Chucky left to see,
see the casino’s 'cash pay out' employee.
That’s where he would get his big chunk of change,
getting it from the place that looks like a cage.
Now I wanted to take the next bus home,
and just leave Chucky all alone.
For he did say “Hey, it all goes in one pot”,
well I stayed I won more than alot.
I won back more money than Chucky won before,
but I wished it was all in one big fat score.
Now, that is my Grand Casino Story,
with all of it’s sadness and it’s glory.
Written on Feb.12,2011 by Christina Sunrise
poem by Suzae Chevalier
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The family only represents one aspect, however important an aspect, of a human being's functions and activities. A life is beautiful and ideal or the reverse, only when we have taken into our consideration the social as well as the family relationship.
quote by Henry Ellis
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