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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The financial capital is being concentrated by corporations, institutional investors, and even our pension funds, and being reinvested in companies that repeat this process because it provides the highest return on that financial capital.
quote by Paul Hawken
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The rest of the world needs the US economy and financial system to recover in order for it to revive. We remain at the center of global economic activity with financial and trade ties to every region of the globe.
quote by Timothy Geithner
Submitted by Lucian Velea
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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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We are inheriting the worst financial system since the Depression. We're inheriting a situation - when people go back and study major banking crises a quarter century from now, the one that America developed in 2007 and 2008 is going to be one of those crises.
quote by Larry Summers
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Today, if you look at financial systems around the globe, more than half the population of the world - out of six billion people, more than three billion - do not qualify to take out a loan from a bank. This is a shame.
quote by Muhammad Yunus
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Financial Amnesty
Wrongdoers created financial meltdown
In a sea of red ink whole Countries drown
For greed, they’ve altered global destiny
Leaders ought proclaim financial amnesty
ROTMS
poem by Ray Lucero
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Our strength in finance has led us to set up an international financial centre with medium and long-term objectives, especially to develop Islamic financial and insurance services.
quote by Hassanal Bolkiah
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This crisis exposed very significant problems in the financial systems of the United States and some other major economies. Innovation got too far out in front of the knowledge of risk.
quote by Timothy Geithner
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It is imperative that we make consumers more aware of the long-term effects of their financial decisions, particularly in managing their credit card debt, so that they can avoid financial pitfalls that may lead to bankruptcy.
quote by Daniel Akaka
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Financial crises require governments.
quote by Timothy Geithner
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Look at the product pipeline, look at the fantastic financial results we've had for the last five years. You only get that kind of performance on the innovation side, on the financial side, if you're really listening and reacting to the best ideas of the people we have.
quote by Steve Ballmer
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Studies have consistently shown that financial hardship is the biggest obstacle to heterosexual marriage, yet the Republican leadership has done precious little to help address the financial hardship faced by American families.
quote by Kendrick Meek
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Over and over again, financial experts and wonkish talking heads endeavor to explain these mysterious, 'toxic' financial instruments to us lay folk. Over and over, they ignobly fail, because we all know that no one understands credit default obligations and derivatives, except perhaps Mr. Buffett and the computers who created them.
quote by Richard Dooling
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Financial crises play the role of producing more money up, and fear and despair, down!
aphorism by Octav Bibere
Submitted by Kitzy Bush
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Crises - financial or health - are just simple ways of governing for the mainstream suckers.
quote by Octav Bibere
Submitted by Kitsy Bush
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Stardom equals financial success, and financial success equals security. I've spent too much of my life feeling insecure.
quote by Steve McQueen
Submitted by Veronica Serbanoiu
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Frank and his Little Bank
When he was quite a small boy, Frank
Was fond of useful playthings;
So he was given a toy bank
That he might learn the way things
Were done in the financial world;
So, on the playroom floor he curled,
Tho' short of pence, and had great dreams
Of wonderful financial schemes.
No lack of pennies grieved small Frank,
He simply took some paper
And posted slips into his bank
A cunning childish caper.
And soon he found that, with due care,
He could become a millionaire.
A happy child. And all day
He sang himself this little song:
'If papers I have not enough
Each standing for a penny
I take it out and tear the stuff,
And then I've twice as many.
And if my bank's not full, why then
I tear them all tn two again.
So all day long I tear and sing
And grow as rich as anything.'
In course of time Frank learned to walk
And his perambulations
Led to strange fields; he learned to talk
And made some fine orations.
He left his school, and went to work;
He sought the vote, and stood for Bourke
And, being voluble, was sent
For years and years to Parliament.
But, tho' he grew in many ways
And wondrously developed
His childish money complex stayed
Until it had enveloped
His whole attention. So that, when
Acute depression comes to men,
And things financial all go wrong,
He sings again his little song:
'When lack of money troubles brew
For any stricken nation
You simply tear your notes in two
By process of inflation.
And of this does not serve, why then
You just divide them up again
Until, with new financial health,
The whole land overflows with wealth.'
poem by Clarence Michael James Stanislaus Dennis
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State and local government, with financial support from the federal government, should offer a program to educate and train foster children for employment and provide them with financial assistance, as needed, until they reach age 21.
quote by Charles Foster Bass
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At present, financial crises occur, chiefly because the paper currency is redeemable in gold only.
quote by John Buchanan Robinson
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World Politics Commence Polar Shift
At present we free work
under our own direction
our own financial freedom.
World changes after June
world politics will commence
to go through a polar shift
this is recession cause effect
a financial shake up has dawned
earth quakes life focuses shift
poem by Terence George Craddock
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