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Quote by Gilbert K. Chesterton

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Gilbert K. Chesterton
Gilbert K. Chesterton

Gilbert K. Chesterton was an English writer, critic, and theologian, born on May 29, 1874, and died on June 14, 1936. Known for his unique literary style and profound philosophical thinking, Chesterton's works spanned a variety of genres, including novels, poetry, drama, and criticism. more

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“And in those varieties of pain of which we spoke anon, what a part of confidante has that poor teapot played ever since the kindly plant was introduced among us! What myriads of women have cried over it, to be sure! What sickbeds it has smoked by! What fevered lips have received refreshment from out of it! Nature meant very gently by women when she made that teaplant; and with a little thought what a series of pictures and groups the fancy may conjure up and assemble round the teapot and cup!”

“Given the central role of effective, firmwide risk management in maintaining strong financial institutions, it is clear that supervisors must redouble their efforts to help organizations improve their risk-management practices...We are also considering the need for additional or revised supervisory guidance regarding various aspects of risk management, including further emphasis on the need for an enterprise-wide perspective when assessing risk.”

“The financial crisis has underscored how insufficient attention to fundamental corporate governance concepts can have devastating effects on an institution and its continued viability. It is clear that many banks did not fully implement these fundamental concepts. The obvious lesson is that banks need to improve their corporate governance practices and supervisors must ensure that sound corporate governance principles are thoroughly and consistently implemented.”