“People rightly want our political leaders - on all sides - to concentrate on minimising the damage to jobs, living standards and our savings from the banking crisis.” PeopleWantJobsPoliticalSidesLeaderStandardsCrisisSavingDamageBankingSavingsPolitical LeadersBanking Crisis Author:Lucy Powell
“Well what would happen is that if Greece defaulted and couldn't pay its debts, all the Greek bonds that are held in other banking systems across Western Europe would suddenly have no value. You could as a knock-on effect create a banking crisis in Western Europe.” IfsWellsHappensValuesPayEffectsEuropeCrisisWesternDebtGreekBankingGreeceBanking SystemWestern EuropeBanking Crisis Author:John Major
“And the banks - hard to believe in a time when we're facing a banking crisis that many of the banks created - are still the most powerful lobby on Capitol Hill. And they frankly own the place.” BelieveStillsHardPowerfulCrisisHistoricalHillsMost PowerfulBankingBankersCapitolHard To BelieveBankers And BanksCapitol HillBanking Crisis Author:Dick Durbin
“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.” PeopleAmericaSituationStudyWorstCenturyMajorsCrisisFinancialQuartersBankingFinancial SystemBanking Crisis Author:Lawrence Summers