Famous Quotes & Sayings

There's nothing specific, but the bank index is down, financials are down and AXP is being dragged down with it.

The tough part going into this weekend is the expected high winds and rough water. Humphrey Head kicked out some fish, and exposed banks like Middle, Coyote, Hein and Eastern should be good once the water calms down.

The trend of Japan's economic recovery won't stop. The central bank seems to become increasingly confident that it can change policy around the middle of 2006.

The trend follows the banks - the freer the bank is with money, the more people borrow. That can get people in trouble real fast. I think we're going to find out here soon if that's going to happen where we live.

The tone from the Bank of Canada has softened lately and upbeat data are needed to intensify rate hike expectations.

The timing of the bank sale could have been better, but you can't blame management for the timing. Mellon did not, and could not, see that interest rates would fall to 45-year lows right after the sale of the bank.

The time to sell debt is approaching. The production data showed Japan's economy is expanding and it may give the central bank more confidence to change policy. Bonds will probably stay heavy.

The time has come to look at whether New York banking has become anti-competitive. A merger of this size is something that low-income neighborhoods cannot afford. We've had more than enough.

Is the business that they're trying to get into related to what they have done in the past? Are they going from being a banker to running a pizza place?

Elliott Abrams

Israel will not and should not leave until it is clear that the West Bank can be policed by Palestinians and that the region will not be a source of terrorism against Israel, as Gaza and South Lebanon became when Israel left there.

Is she going to be a match or is she going to be a candle? Is she going to flame out or is she going to be able to light up the arena? I'm banking on candle.

Thomas Jefferson

I sincerely believe that banking institutions are more dangerous to our liberties than standing armies. The issuing powers should be taken from the banks and restored to the people to whom it properly belongs.

I see no rush to beat the latest bankruptcy law deadline.

I see no further central bank tightening this year.

I share your commitment to conducting a thorough investigation of what, until recently, was the largest bankruptcy filing in our nation's history, ... In light of recent news reports and testimony at this week's Permanent Subcommittee on Investigations hearing on the role of financial institutions in the collapse of Enron Corporation, I believe these two individuals could provide the committee with information critical to our investigation.

Torii Hunter

I've been with Brad forever, I've known him 13 years, and it's tough to see him go through this. He's such a great guy and it might possibly be his last year. To see him go through this, this early, we know he can still make a good comeback. And that's what we're banking on.

What the bank is more likely to do (than cut rates) is intensify its moral suasion in support of a more competitive exchange rate.

Tyler Cowen

What the banking system needs is creditors who monitor risk and cut their exposure when that risk is too high. Unlike regulators, creditors and counterparties know the details of a deal and have their own money on the line.

When a guy banks in a 3, that's a huge momentum swing. I think we knew things weren't going to go our way at that point.

We welcome the opportunity, during this hearing, to discuss the merits of our industrial bank application, which we feel meets all regulatory requirements.

What's going to change after the BOJ ends the quantitative policy? Unless Japan's bank deposits start to pay interest rates of like 1.5 percent, Japanese investors will keep buying foreign currencies.

We had them on the ropes a couple of times and he'd hit a 30-foot bank shot (just before the shot clock ran out).

Chris Wallace

We had the first-game jitters. We had a lot of guys who were playing their first-ever indoor game. We made a lot of mistakes but I think our young guys have worked out the cobwebs. I'm hoping that it's going to be a lot different game than two weeks ago. No, I'm banking on it being a lot different game.

Carlos Menem

We will not devalue. Central Bank reserves are more than enough to solve any emergency.

We wonder how you stop the next project. I know when you have the size of banks involved that are doing this, it does set a precedent and who knows where it will lead?

The probability of a bankruptcy became more likely after the court ruling in Delaware last week.

Janet Yellen

The principle that a central bank, charged with controlling inflation, should be independent from the government is unassailable. It may also be true that it's easier for the central bank to guard its independence from political pressure when it mainly holds government securities.

The purchase of Consolidated provides the bank with less expensive cost of funds and an inexpensive entry into the Richmond market, ... If you look at the demographics of Richmond, we think it's an opportunity to spur investment. Only time will tell if we overpaid.

Mike Pence

We simply cannot break the bank of the federal budget,

We expect the combination of a U.S. growth moderation and the lagged impacts of a strong Canadian dollar on factory employment to do a lot of the work in engineering that cooling in Canadian hiring, leaving the Bank of Canada with only another 50 basis points in rate hikes.

We certainly do think there are another two (rate hikes) left in the Bank of Canada before they tag out.

Ted Turner

We are unaware of any fraudulent use of Ted Turner's credit cards or bank statements.

We are trying to get all of them back to work to get the bank up and running so we can help the people.