If bankers become overly conservative in response to past lending mistakes - or if examiners force such behavior - it will hurt bankers' own long-term interests and the economy in general.
Ben BernankeRead
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If bankers become overly conservative in response to past lending mistakes - or if examiners force such behavior - it will hurt bankers' own long-term interests and the economy in general.
This Power Elite directly employs several millions of the country´s working force in its factories, offices and stores, controls many millions more by lending them the money to buy its products, and, through its ownership of the media of mass communication, influences the thoughts, the feelings and the actions of virtually everybody. To parody the words of W. Churchill, never have so many been manipulated so much by few.
Large fortunes are all founded either on the occupation of land, or lending or the taxation of labor.
Everyone may have some advise for the RBI. Some may advise, 'Cut your lending rates and raise the deposit rate.' How will a bank function? We take a medium term view. The bank has an 80-year-old history. I don't want to destroy it for a few decisions.
A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain.
I had no idea that I would ever get involved with something like lending money to poor people, given the circumstances in which I was working in Bangladesh.
When money is free, the rational lender will keep on lending until there is no one else to lend to.
International lending banks need to focus on areas where private investment doesn't go, such as infrastructure projects, education and poverty relief.
I never have felt that people should feel that they are better than others, simply because they just happen to possess a larger share of material items and monetary wealth than others less fortunate. I believe in sharing, assisting, and just lending a helping hand to people.
Borrowing is not much better than begging; just as lending with interest is not much better than stealing.
No, I don't want your money. The world moves less by money than by what you owe people and what they owe you. I don't like to owe anybody anything, so I keep to myself as much on the lending side as I can.
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