Finance Quotes - Page 13

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There is already something like a Jewish monopoly in high finance... here is the same element of Jewish monopoly in the silver trade, and in the control of various other metals, notably lead, nickel, quicksilver. What is most disquieting of all, this tendency to monopoly is spreading like a disease.

Why would the Obama campaign officials oppose any effort to ensure the legitimacy of a campaign contribution? It's the same reason they oppose voter ID laws. The Obama campaign evidently believes that election fraud and campaign finance fraud are permissible tools for the purpose of retaining power.

When I became finance minister, they called me Okonjo-Wahala - or 'Trouble Woman.' It means 'I give you hell.' But I don't care what names they call me. I'm a fighter; I'm very focused on what I'm doing, and relentless in what I want to achieve, almost to a fault. If you get in my way, you get kicked.

In July of 2010, I lost my finance job in Chicago. Instead of updating my resume and looking for a similar job, I decided to forget about money and have a go at something I truly enjoyed. I'd purchased a semi-professional camera earlier that year and spent my free time taking photos in downtown Chicago.

When you've got African parents, you go to uni, do finance, and go into accounting. But I'm not good with systems. I dropped out in my final year of college to become a Christian poet. Then went back to do my A-levels and went to uni in Birmingham to do political science and theology. I lasted 12 weeks.

What, for me, was exciting about America was just this extraordinary, complex, difficult, fascinating country, and Britain can feel very small. London, in particular, feels small because everything happens there, so you have publishing, politics, you have finance; everything in Britain happens in London.

I hope that there's a difference between being childish and childlike and that I'm the latter, if you take my meaning. I often sort of wonder. I don't think I'm a terribly good grown-up; I don't take responsibility easily or well in many areas of life. Finance and stuff like that, I'm absolutely appalling.

One day I was in Starbucks going through one of my books on accounting, and this beautiful young woman came up to me and said, 'My accounting book is different from yours.' Her name was Joyce, she had a background in finance and administration and ran a surgery center. Within a short time, we were married.

I basically see two reasons for a going public: Glencore gets access to more money. It is a way of funding your business and to finance growth. Plus: You have more liquid shares. It is easier to leave the company and redeem your shares. The 'going public' may also be an exit strategy for the top management.

In almost every profession - whether it's law or journalism, finance or medicine or academia or running a small business - people rely on confidential communications to do their jobs. We count on the space of trust that confidentiality provides. When someone breaches that trust, we are all worse off for it.

Because I spent many years during my previous life as an academic researching game theory, some commentators rushed to presume that as Greece's new finance minister, I was busily devising bluffs, stratagems and outside options, struggling to improve upon a weak hand. Nothing could be further from the truth.

There's a big difference between France and the U.S. In the U.S., immigrants must work to live. In France, they're taken care of by public finances. In France, there are millions of unemployed people already. We cannot house them, give them health care, education... finance people who keep coming and coming.

Customers are a great way to finance a business for many reasons. First, customer financing is typically non dilutive. They want something from you other than equity in your business. Customers also help you fit your product to the market. And customers will help debug and improve the quality of the product.

The special sphere of finance within economics is the study of allocation and deployment of economic resources, both spatially and across time, in an uncertain environment. To capture the influence and interaction of time and uncertainty effectively requires sophisticated mathematical and computational tools.

I have a saying: There are no brave old people in finance. Because if you're brave, you mostly get destroyed in your 30s and 40s. If you make it to your 50s and 60s and you're still prospering, you have a very good sense of how to avoid problems and when to be conservative or aggressive with your investments.

I think there is an overwhelming support for campaign finance reform, and that includes conservatives and Republicans. Where the problem is is with the leadership; with the politicians who are benefiting from the big campaign contributions, and the dark money in the electioneering communications and so forth.

I have a real kind of fundamental philosophical belief that movies are better if everyone gets paid when they work, and if they don't work, the people who worked on them make a little bit of money, and the people who finance them, they lose, but they don't lose too much. I believe that that creates better work.

I learned to be a hot-air balloon pilot to take tourists over the Masai Mara Reserve in order to earn some money and finance the work I was doing with my wife, Anne. We were studying the life of a family of lions for more than two years. Taking pictures was a way to capture information we could not put in words.

I don't want euro bonds that serve to mutualize the entire debt of the countries in the euro zone. That can only work in the longer-term. I want euro bonds to be used to finance targeted investments in future-oriented growth projects. It isn't the same thing. Let's call them 'project bonds' instead of euro bonds.

A number of non-banking finance companies have entered the rural microcredit market. Many microcredit agencies have been charging interest rates not very dissimilar to those charged by moneylenders. Borrowing then becomes more to meet pressing consumption needs, rather than for farming or small-scale enterprises.

Canadians know that the promise of a recession didn't happen because of anything we did here. If you look at all the causes of the recession, problems in mortgage markets, the problems in the banking sector, the problems in government finance in countries like Greece, none of those problems were in present Canada.

I never did any training in journalism or in finance, so I really was in the deep end. I got very good at going to press conferences and nodding. I'd figure it out when I got back to the office. Charts and numbers. I've never been great with facts, ever, my whole life. For a journalist, that's not a very good trait.

One suggestion my wife and I have used in our personal finance courses we teach at college is simply writing down all expenditures and seeing where the money goes. That alone will cause heads of households to think twice about x, y or z expenditure, and to consider carefully whether they really need something or not.

Campaign finance and ethics reform only works if it curtails all special interest groups equally and does not carve out any exceptions to benefit one party or another. 'Pay to play' reform was passed to limit the influence of big spending contractors over the public officials from whom they are trying to obtain work.

It's because finance is so baffling that makes being an economist such a safe option. It nestles down comfortably with psychiatry and astrology as a profession where getting it patently wrong is just not a problem - and also, rather wonderfully, seems to have no adverse affect on their professional standing whatsoever.

And at a relatively early age, ten or so, I invested my first share of stock. And I used to follow, look at companies and so forth. But throughout the whole period, and indeed right through my college years, while I was involved in the stock market, always interested in finance, I never thought of it as a full-time job.

What I'm primarily responsible for is products. Everything is developed with my personal involvement. Second is client communication. Everything to do with product and consumer is my primary focus. I also deal with everything which relates to investment and partnership. Distribution, finance, administration, I don't do.

In abandoning the understanding that things - services, goods, wars, and houses - have costs, we risk becoming infantilised, incapable of making decisions about government or finance, and perhaps above all about the environment, the wellbeing of the planet upon which we depend and which our children will inherit from us.

In the old days we were the challenger brand competing against the big banks, but today I go round the world and I sit with governors of central banks and finance ministers and, in some cases, prime ministers. They all know Travelex. We are regarded as the establishment - the world's largest retailer of foreign currency.

In the U.S. when people like me started writing things about inequality, the economic journals had no classification for inequality. I couldn't find where to submit my inequality papers because there was no such topic. There was welfare, there was health issues, there was trade obviously. Finance had hundreds of sub groups.

Climate change joined immigration, job creation, food safety, pilot training, veterans' care, campaign finance, transportation security, labor law, mine safety, wildfire management, and scores of executive and judicial appointments on the list of matters that the world's greatest deliberative body is incapable of addressing.

I get unhappy doing things that I'm not passionate about. Because I feel like I'm squandering this incredible gift I've been given to finance films. As soon as my name alone was enough to make this happen, I vowed to myself that I was going to work with directors who were changing cinema, doing something important, you know?

Productivity - the amount of output delivered per hour of work in the economy - is often viewed as the engine of progress in modern capitalist economies. Output is everything. Time is money. The quest for increased productivity occupies reams of academic literature and haunts the waking hours of C.E.O.s and finance ministers.

America's sanctions policy is largely consistent and, in a certain sense, admirable. By applying economic restraints, we label the most oppressive and dangerous governments in the world pariahs. We wash our hands of evil, declining to help despots finance their depredations, even at a cost to ourselves of some economic growth.

I was OK in school, but I always missed a lot because I was playing so much. But if I'd stuck at it, I imagine that I'd be doing something financial or economical. Finance always attracted me, even though maths was always a bit of a love-hate relationship. I would have tried playing football, but I don't think I'd have made it.

There's always a lot that's making me angry, but it won't tie into the election. I mean nothing against Hilary Clinton. I agree with Hilary on most issues, but campaign finance structure makes me very angry, because it means that politicians are going to have to raise a huge amount of money, which narrows the field dramatically.

And I think it's a prudent, responsible way, given the scale of the emergency, the scale of the damage still facing America, that we finance these additional support for the unemployed as well as the support for small business. We think there's a good case for doing it now. We want to do it in an overall fiscally responsible way.

Europe is difficult to coordinate, and our main deficit may not even lie in this area of finance and economics, but in foreign and security policy. We have a leadership problem because we are still 27 different members who have still not decided on how to work with each other based on what we used to call a European constitution.

The math you need for most of finance is ninth-grade algebra, and most people feel reasonably comfortable with that. But I think the financial world there has been - I don't know if it's by design, or this is how it's evolved - there are bad actors who have wanted to obfuscate because you can benefit from the lack of transparency.

A tax system is important because of what it can pay for, but also for how it works. When we pay taxes, we expect something back from the state; it strengthens the relationship and accountability between us and our governments. It also pays for what private finance shouldn't: our needs for healthcare, education and social security.

The best climbers no longer go to the 8000ers, but to the most difficult mountains in the world which are 6000 or 7000-meter-peaks. There they find any kind of playground. But it is a pity that the really good climbers have fewer opportunities to finance their expeditions because so much attention is taken away by the Everest tourists.

Any constitutional amendment that simply gives Congress the option of regulating campaign finance fails to immediately achieve what the American people want, and that is a complete reversal of Citizens United and other Supreme Court decisions that have allowed corporations and the wealthy few to drown out the voices of everyday voters.

'Savage Inequalities' was about school finance, and 'Amazing Grace' primarily dealt with medical and social injustices in New York. But with 'Ordinary Resurrections,' I had no predetermined agenda. When I met with the children, I was not in pursuit of any line of thinking. In our conversations, I let them lead me where they wanted to go.

You want to put out a TV show? If you have the money to do it on your own, by yourself, and you have a TV network, you can do it by yourself. But the nature of the beast is, art needs finance. That's how this industry works. So until the Internet becomes our source of entertainment - and watch it, I believe it will - this is how things go.

As much as you need to know your operations, if you don't understand the finance side and how to do the business, you're never going to be successful. So you might be the best operator or visionary, but if you don't understand the finance side... I'm successful because I know the finance side, but I also know operations; it's not an accident.

The government ought to be in the business of delivering health, education, housing, and basic services to people without a lot of game playing. There ought to be comprehensive childcare, a comprehensive approach to housing, a sane, rational way to finance education. But I also strongly believe in the notion of fundamental individual freedom.

We need a sustainable system of student finance that promotes opportunity, encourages aspiration, increases social mobility and is governed by fairness. But all the Tories can offer is unsustainable, mounting debt, punishing students for wanting an education. And discouraging thousands of young people from climbing the ladder to a better life.

One of the strongest lessons I learned in doing six months of work on retirement topic was how absolutely crucial the Social Security system is for the great mass of Americans. The research of professionals and our own reporting convinced me that many millions of people are not capable of effectively managing the finances for their own retirement.

I think we're so addicted to bubble finance at the Fed that they can't get out of the corner they painted themselves into. I think the Fed is making federal debt so cheap that Congress has no interest, Washington has no incentive to ever face up to our massive fiscal gap that is going to grow, and grow as we go forward in time and so we have a paralyzed system.

Whether government finances its added spending by increasing taxes, by borrowing, or by inflating the currency, the added spending will be offset by reduced private spending. Furthermore, private spending is generally more efficient than the government spending that would replace it because people act more carefully when they spend their own money than when they spend other people's money.

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