511 Quotes About Banks

The thought for a long time was that banks needed to be too controlled, too regulated to be turned over to the Wild West of the Net. Then the credit meltdown hit, and we saw just how reckless these so-called safe and regulated institutions were.

Today's announcement didn't do anything to calm my fears. They are probably still negotiating with their banks, but I can't believe the only issue is the credit rating. Deals don't blow up over ratings. Banks care about operating results.

The large German banks now seem to be more interested in competing with Anglo-Saxon banks in international markets than in nurturing their long-standing domestic lending business.

When trying to get a new business or property started up, I find that local banks are much better at seeing the vision you have laid out for the business or property because the investment is in their backyard. They tend to share that vision.

This may be the realization after a long period of time that gold is no longer the bedrock of the world's financial system. And if it's no longer required as a reserve currency, then it makes sense for central banks to reduce their holdings of gold and convert to more profitable investments.

It sends a very serious message to those banks that have not yet settled that they better get about settling soon or they are going to pay more and more as time goes by,

I don't think ever before have Wall Street banks and investors jointly petitioned the SEC to require more disclosure in public offerings.

We haven't received any formal application from banks to start their own insurance companies yet.

My plan is to have friends and corporations and other banks around the country send me $100,000 deposits. If I can convince 200 people and corporations to do this, that's $20 million to replace funds that moved out of the community.