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Institutions Quotes

Browse 2514 quotes about Institutions.

Institutions Quotes

“Concentrating wealth in the hands of the few and deregulating financial institutions and practices lead to speculative bubbles that eventually burst — and that brings the whole country down.”

Country Whole Hands Wealth Practice Institutions Financial Bubbles Concentrating Financial Institutions

Author:Jennifer Granholm

“His victims were for the most part financial institutions who exact their revenge in courtrooms.”

Victim Institutions Financial Revenge Courtroom Financial Institutions

Author:Philip Russell

“What's more, sharia finance is another tool of Islamic separatism; instead of assimilating into American society, Muslims are demanding, and receiving, parallel financial institutions that reinforce the idea that they are unique, not subject to the laws and norms to which the rest of us are subject-a privileged class. At the same time, sharia finance initiatives are giving Islamic interests increased control over Western economic life.”

Source: Stealth Jihad: How Radical Islam Is Subverting America without Guns or Bombs

“Close the weak banks and impose serious capital requirements on the strong ones...You see, it may sound hard-hearted, but you cannot keep unsound financial institutions operating simply because they provide jobs.”

May Hard Philosophy Jobs Political Strong Sound Serious Economics Weak Institutions Financial Requirements Hearted Financial Institutions

Author:Paul Krugman

“RE: GSEs like Freddie Mac & Fannie Mae: "creditors will continue to underprice the risk-taking of these financial institutions, overfund them, and fail to provide effective market discipline Facing prices that are too low, systemically important firms will take on too much risk."”

Important Philosophy Political Too Much Failing Risk Discipline Lows Economics Institutions Financial Firm Macs Risk-taking Creditors Financial Institutions Mae

Author:Gary H. Stern

“In a world of businessmen and financial intermediaries who aggressively seek profit, innovators will always outpace regulators; the authorities cannot prevent changes in the structure of portfolios from occurring. What they can do is keep the asset-equity ratio of banks within bounds by setting equity-absorption ratios for various types of assets. If the authorities constrain banks and are aware of the activities of fringe banks and other financial institutions, they are in a better position to attenuate the disruptive expansionary tendencies of our economy.”

“So another challenge for our generation is to create global institutions that reflect our ideas of fairness and responsibility, not the ideas that were the basis of the last stage of financial development over these recent years.”

Years Ideas Lasts Challenges Responsibility Generations Stage Development Bases Institutions Financial Fairness Our Generation

Author:Gordon Brown

“Congressman Frank and Senator Dodd wanted the government to push financial institutions to lend to people they would not lend to otherwise, because of the risk of default. ... The idea that politicians can assess risks better than people who have spent their whole careers assessing risks should have been so obviously absurd that no one would take it seriously.”

“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.”

“There is a simple way of avoiding excess risk-taking by the managers of our financial institutions. It is to make it a crime ... had a crime for reckless management of a financial institution been on the books, Northern Rock and RBS would not have blown up.”

Way Book Simple Risk Rocks Crime Management Institutions Financial Managers Excess Avoiding Reckless Risk Management Risk-taking Simple Ways Financial Institutions Financial Risk

Author:Paul Collier

“Applaud us when we prevail, correct us when we fail; but, above all, do not let this indispensable, irreplaceable institution wither, languish or perish as a result of Member States' indifference, inattention or financial starvation.”

States Results Failing Members Institutions Financial Indifference Indispensable Starvation Irreplaceable Inattention Languish

Book:The quotable Kofi Annan: selections from speeches and statements by the Secretary-General

Source: The quotable Kofi Annan: selections from speeches and statements by the Secretary-General

“I believe that the general growth in large [financial] institutions have occurred in the context of an underlying structure of markets in which many of the larger risks are dramatically -- I should say, fully -- hedged.”

Should Believe I Believe Growth Risk Institutions Structure Financial Financial Institutions

Author:Alan Greenspan

“The use of a growing array of derivatives and the related application of more-sophisticated approaches to measuring and managing risk are key factors underpinning the greater resilience of our largest financial institutions... Derivatives have permitted the unbundling of financial risks.”

Use Greater Growing Risk Keys Approach Institutions Financial Resilience Factors Related Application Sophisticated Measuring Derivatives Financial Institutions Financial Risk

Author:Alan Greenspan

“Perhaps more to the point for TBTF (Too Big To Fail bank), if a SIFI (Systemically Important Financial Institution) does fail I have little doubt that private investors will in fact bear the losses-even if this leads to an outcome that is messier and more costly to society than we would ideally like. Dodd-Frank is very clear in saying that the Federal Reserve and other regulators cannot use their emergency authorities to bail out an individual failing institution”