If there had been
If there had been a Financial Product Safety Commission in place 10 years ago, the current financial crisis would have been averted. Elizabeth Warren
Quotes for All
If there had been a Financial Product Safety Commission in place 10 years ago, the current financial crisis would have been averted. Elizabeth Warren
She [Carolyn Maloney] knows the financial issues, that’s why we thought she was perfect because we’re in a – we’re in, as you know, a financial crisis, an economic crisis, and I know that she’ll see the whole picture. Eleanor Smeal
Let us not forget, the financial crisis had its roots in the decision by Congress to embark on a course of social justice to get everyone that wanted a home into one, regardless of whether or not they could afford it. Ed Royce
As the United States continues its slow but steady recovery from the depths of the financial crisis, nobody actually wants a massive austerity package to shock the economy back into recession, and so the odds have always been high that the game of budgetary chicken will stop short of disaster. Looming past the cliff, however, … Read more
President Obama inherited a broken country mired in two wars, a financial crisis, a mortgage mess and more than we all probably even know about and has in my opinion brought us back from the brink. But I still see my friends in no better shape and the gap widening. Don Cheadle
I want to see somebody go to jail over the financial crisis and not just black, brown and poor whites over humbles and minor drug beefs. Don Cheadle
Godfulness is simply recognizing the primacy of a presence of love, spaciousness, grace, generativity, caring, and creativity in the world and in myself. How can a mere financial crisis compare to that? The Generative Mystery cannot go bankrupt. It is not subject to scarcity. We never run out of God. David Spangler
The financial crisis has underscored how insufficient attention to fundamental corporate governance concepts can have devastating effects on an institution and its continued viability. It is clear that many banks did not fully implement these fundamental concepts. The obvious lesson is that banks need to improve their corporate governance practices and supervisors must ensure that … Read more
However, optimism is highly valued, socially and in the market; people and firms reward the providers of dangerously misleading information more than they reward truth tellers. One of the lessons of the financial crisis that led to the Great Recession is that there are periods in which competition, among experts and among organizations, creates powerful … Read more
The egotistical ambition to always want to earn more money harms both the company and the individual himself. That is the biggest weakness of many managers – the financial crisis has proven this. Dalai Lama