The Central Bank should have a permanent window for discounting high quality securities where banks could go and discount these. It gives peace of mind to the banks. In the absence of this facility, what banks tend to do is to keep a liquidity cushio...
The threat posed by Bank of America isn't just financial - it's a full-blown assault on the American dream. Where's the incentive to play fair and do well, when what we see rewarded at the highest levels of society is failure, stupidity, incompetence...
Before the 1970s, banks were banks. They did what banks were supposed to do in a state capitalist economy: they took unused funds from your bank account, for example, and transferred them to some potentially useful purpose like helping a family buy a...
For something to collapse, not all systems have to shut down. In most cases, just one system is enough. For example, the human body is a system of systems. If just one system, such as the cardiovascular system, shuts down, death follows.
If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem.
The Grameen Bank Ordinance with amendments up to 2008 is a beautiful legal structure for the fulfillment of the ideals and objectives of the bank. Any change in this structure will be devastating for the bank.
The fundamental problem with banks is what it's always been: they're in the business of banking, and banking, whether plain vanilla or incredibly sophisticated, is inherently risky.
World Bank is a bank that's focused on economic development and poverty alleviation.
If there is a risk in a bank, our first question should be 'Okay, what are you in the bank going to do about that? What can you do to recapitalise yourself?'. If the bank can't do it, then we'll talk to the shareholders and the bondholders, we'll ask...
Cyberspace. A consensual hallucination experienced daily by billions of legitimate operators, in every nation, by children being taught mathematical concepts... A graphic representation of data abstracted from banks of every computer in the human sys...
Mr. Dawes Sr.: Well, do you have anything to say, Banks? George Banks: Well, sir, they do say that when there's nothing to say, all you can say... [He feels Michael's tuppence in his pocket, takes it out and looks at it] Mr. Dawes Sr.: Confound it, B...
Mrs. Banks: As a matter of fact, since you hired Mary Poppins, the most extraordinary things seem to have come over the household. Mr. Banks: Is that so? Mrs. Banks: Take Ellen, for instance. She hasn't broken a dish all morning. Mr. Banks: Really? W...
[as the bank robbery progresses, Desmond realizes that someone has pulled the silent alarm] Desmond Elden: Hold it! [touches his ear] Desmond Elden: Silent alarm, this address. James Coughlin: Who did it? Assistant Bank Manager: Look, nobody did anyt...
It is not a fish until it is on the bank.
This was the winter of 2008/9. Work was ongoing to reinstate a tram system in the city. A lot of people couldn’t see the point of trams and many more disliked the disruption. Streets were closed off. There was almost a sense of ‘apartheid’ as t...
Banks need to think through their ethics very carefully, and many have done so. I don't know any bank that dismisses the concept of ethical banking.
If there was a payment to the bank due, and we needed shoes, she'd get the shoes, and then deal with them guys at the bank. I don't mean she wouldn't pay the bank, but the children always came first.
And let the Fed sell bonds to bring bank reserves back down to required reserve levels, so we have restraint on bank lending and bank issuances of liability.
The Commonwealth of Kentucky has a judicial system, and this system needs a lot of repair. Therefore, there is no need for Kentucky to start building another judicial system within the system, that we already have.
We are losing our living systems, social systems, cultural systems, governing systems, stability, and our constitutional health, and we're surrendering it all at the same time.
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.
