Famous Quotes & Sayings

Ben Bernanke

Investment banks manage to go bankrupt through their investment-banking activities, commercial banks manage to go bankrupt through their commercial-banking activities.

Richard Bove

I think it's clear that the banks that are more tied to the retail sector are going to have a much tougher quarter compared to those with diversified positions. The banks in the retail sector have to deal with interest rate compression, loan volume will be tougher, and they don't have the trading or investment banking that are hot now.

Vincent Farrell

I think the basic fundamental underpinnings are very sound. The banking system's sound, there's no near-term crisis to be had. It doesn't mean the stock market's not overextended - which I believe it is and is due for some sort of setback. But I don't think it's 1987 all over again.

Philipp Meyer

I thought that I would have a huge literary novel coming out when I was, like, 29. I quit my banking job, and I was halfway through my second novel - and I will never publish it, because it's very mediocre.

Andy Collins

I think that the smaller banks are probably going to have more difficulties in the upcoming six-to-12 months simply because they have relied on loan growth to drive EPS growth to meet consensus expectations. And loan growth is not where you want to be. Bread-and-butter banking is not that great of a business. And you're also the ends in terms of margin pressure. The Fed has raised rates 175 basis points, which usually translates into a much more difficult margin environment. And I think that that is going to hurt the bank below the top 15 in market cap for the near term. I would say the larger-cap banks, once they get over the capital markets issues they're experiencing over the second quarter, should see a little bit more strength.

Tom Finucane

I'd like to think that this is a bottoming out and people are starting to see the value that a lot of these banking stocks offer. I'd like to think there's some bottoming out and strength, but in general the market is nervous.

Andy Penman

Retail banking remains a concern, as does unsecured lending. However, with bid speculation helping the valuation, this should provide support for the share price.

Adam Dener

Retail banking is a distribution game. The models for best practices in distribution are companies like Wal-Mart and the niche retailers.

Stephen Greene

Regulators can't regulate the banking sector by themselves. They need the market.

Wataru Kasatani

Investors already learned about the recovery in Japan's banking industry and the Mizuho sale gives them another investment opportunity.

Judy Genshaft

I would say that the Legislature and the people of Tampa made a very savvy investment 50 years ago.

Viviane Reding

Our policy is to encourage investment and promote freedom for industry to innovate.

Warren Buffett

Investors should remember that excitement and expenses are their enemies.

Warren Buffett

Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.

Van Jones

America's government has to get the public investments right.

John Sims

The investment will take place in three stages - $155 million, 185 million and $180 million.

Shamkhi Faraj

The investment law could take some time and we are not prepared to wait for that long.

Joe Gibbs

It's smart. If you are going to make an investment of millions and millions of dollars, you would research them.

Mike Winer

It went from a terrific value investment to a terrific arbitrage.