“The culture now in television is that the presenter calls the financial and, increasingly, the creative shots. It is comparable to what happened in Hollywood 15 or so years ago.” YearsCultureCreativeHappenedTelevisionShotsYears AgoHollywoodFinancialPresenter Author:Terry Wogan
“Europe's financial system is fragmented, although the gap in funding costs for banks within the euro area is no longer as wide as it was two years ago. But in lending the differences are still very large, and in some countries the credit flow is disrupted.” YearsStillsTwoCountryDifferencesCostEuropeAreasYears AgoFlowFinancialCreditWideTwo YearsGapsFundingEuroLendingFragmentedFinancial SystemTwo Years Ago Author:Mario Draghi
“I would very honestly just tell you that what I tried to do was simply respond to inquiries from people as they came in. Where I've thought I could say something useful, I've tried to add a voice that was, frankly, a dissident voice earlier on, but one that I think has become a more mainstream voice-and not because I've shifted. I think that the critique I had of what was going on in our financial system from six, eight years ago-after seeing some of what we've suffered through and even since the cataclysm itself-in terms of the structural changes.” PeopleThinkingYearsVoiceTermSeeingSixYears AgoAddFinancialEightHonestlyMainstreamInquiryCritiqueDissidentsFinancial System Author:Eliot Spitzer
“Apparently modern financial regulators are vastly more sophisticated than we were as financial regulators 25 years ago - because we had never figured out that the key to financial stability was leaving felons in charge of the largest financial institutions in the world.” WorldYearsModernKeysYears AgoInstitutionsLeavingFinancialStabilitySophisticatedRegulatorsFinancial InstitutionsFelonsFinancial Stability Author:William K. Black
“But in the financial markets, without proper institutional rules, there's the law of the jungle - because there's greed! There's nothing wrong with greed, per se. It's not that people are more greedy now than they were 20 years ago. But greed has to be tempered, first, by fear of losses. So if you bail people out, there's less fear. And second, b prudential regulation and supervision to avoid certain excesses.” PeopleIfsYearsFirstsLawCertainLossYears AgoGreedFinancialExcessRegulationGreedyJungleSupervisionFinancial MarketsBail Author:Nouriel Roubini
“Sometimes it takes a crisis for people to agree that what is obvious and should have been done years ago, can no longer be postponed. We must create a new international financial architecture for the global age.” PeopleShouldYearsHas BeensSometimesDoneAgeYears AgoShould HaveCrisisAgreeFinancialInternationalObviousArchitectureShould Have Been Author:Gordon Brown
“Mark Zuckerberg recently announced that he will donate $45 billion of his wealth to philanthropy. Two years ago, my husband and I decided to endow $100 million to set up the SOHO China Scholars. This program will give financial aid to Chinese students so they can attend the best universities in the world.” WorldGivingYearsTwoWealthMillionsStudentsHusbandYears AgoProgramDecidedMarkUniversityFinancialChinaAidsBillionsChineseTwo YearsMy HusbandScholarPhilanthropyDonateTwo Years AgoZuckerbergSohoFinancial Aid Author:Zhang Xin
“Let's stop for a second and remember where we were eight years ago [in 2008]. We had the worst financial crisis, the Great Recession, the worst since the 1930s. That was in large part because of tax policies that slashed taxes on the wealthy, failed to invest in the middle class, took their eyes off of Wall Street, and created a perfect storm.” YearsEyeRememberPerfectClassStreetsMiddleWorstPolicyWallTaxesYears AgoCrisisFinancialEightStormMiddle ClassWealthyRecessions1930sFinancial CrisisGreat RecessionPerfect Storm Author:Hillary Clinton
“If there had been a Financial Product Safety Commission in place 10 years ago, the current financial crisis would have been averted.” IfsYearsHas BeensProductsYears AgoCrisisSafetyFinancialCurrentsFinancial CrisisAvert Author:Elizabeth Warren
“I loved getting my M. B. A., and I really enjoyed being an accountant and financial analyst before I quit my day job twenty-five years ago to write full time. I just liked writing more…plus, I knew even then that as a full-time writer, I'd get plenty of chances to do business-type stuff, while as an accountant, I probably wouldn't get a lot of opportunities to write about dragons.” WritingYearsJobsOpportunityStuffChanceBusinessFiveTypeYears AgoTwentiesFinancialQuittingPlentyEnjoyedFive YearsDragonsPlusTwenty FiveI QuitAccountantsAnalystsDay Jobs Author:Patricia C. Wrede