A Quote by Angela Merkel

No bank should be allowed to become so big that it can blackmail governments.

Angela Merkel

Quote Topics

Allowed Bank Become Big Blackmail Governments Should

Quote Author

Angela Merkel
German - Statesman
Born: July 17, 1954

The demand of the loveless and the self-imprisoned that they should be allowed to blackmail the universe: that till they consent to be happy (on their own terms) no one else shall taste joy: that theirs should be the final power; that Hell should be able to veto Heaven.

C. S. Lewis

While the World Bank is an inter-governmental institution, drawing its funds from member governments and run by a board of directors nominated by member governments, its policies have increasingly become sensitive to civil society pressure and NGO agendas.

Sanjaya Baru

No bank should be too big or too complex to fail, but almost any bank is too big to liquidate quickly, particularly in the midst of a crisis.

Henry Paulson

And as a matter of fact, governments don't act, governments only react. The bankers make the decisions, and then governments decide how are we going to adjust to this. Government can't do anything unless the bank gives them the money to do it.

Robert Anton Wilson

It is the ability of governments to acquire money without direct taxation that makes modern warfare possible, and a central bank has become the preferred method of accomplishing that.

G. Edward Griffin

Governments have been ceding power to big multinational corporations in the market. We see the manifest in a variety of ways. Where governments are giving up power to big international institutions like the World Trade Organization or NAFTA, which are disabling governments' ability to protect the rights of their own people.

Noreena Hertz

I believe in small governments or no governments. I think the majority of people want to have big government, a big brother taking care of them.

Pavel Durov

I believe in it so passionately because anywhere you look in the world, where governments become too big or become authoritarian, speech and expression is one of the first fundamental freedoms to go.

Andrew Scheer

What we've done last night is what I call pushing back the risks..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 them to contribute in recapitalising the bank, and if necessary the uninsured deposit holders.

Jeroen Dijsselbloem

We support too big to fail. We want the government to be able to take down a big bank like JP Morgan and it could be done. We think Dodd-Frank, which we supported parts of, gave the FDIC the authority to take down a big bank.

Jamie Dimon

Bank should be healthy and robust system should be there to lend more, more credit should be available and that can only happen with the financial health of the bank being right.

Anurag Thakur

When governments are selling, you should be buying. And when governments are defaulting, we should look at that as an opportunity.

David Bonderman

I have always thought and I still think that the Central Bank should act independently. Indeed, it does, you can take my word. I do not interfere in the decisions of the Central Bank and I do not give instructions to the Bank management or to its head.

Vladimir Putin

Governments want efficient technicians, not human beings, because human beings become dangerous to governments – and to organized religions as well. That is why governments and religious organizations seek to control education.