A Quote by Bertie Ahern
The public are entitled to have an absolute guarantee of the financial probity and integrity of their elected representatives, their officials and above all of Ministers. They need to know that they are under financial obligations to nobody, other than public lending institutions, except to the extent that they are publicly declared.
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The public wants elected officials who have character. The public wants elected officials who are willing to stand up and say things, even if they don't agree with them.
The subprime disaster was a result of financial bombs - derivatives - exploding in financial institutions such as AIG and Lehman Brothers, as well as banks and financial institutions throughout the world.
Apparently modern financial regulators are vastly more sophisticated than we were as financial regulators 25 years ago - because we had never figured out that the key to financial stability was leaving felons in charge of the largest financial institutions in the world.
In business, integrity is just as important as in any of the great public offices... but I believe one of the first and fundamental obligations of competent business leadership is above all to protect the reputation and integrity of the business - to that degree the integrity of the business is the integrity of the leader.
The Harper Government is committed to ensuring that seniors have the skills they need to make solid financial choices. Seniors today face an increasingly complex financial marketplace, and it will take the combined efforts of public and private sector organizations to help seniors navigate the many financial choices they face. The start of Financial Literacy Month is an excellent opportunity to thank the Canadian Bankers Association and encourage other private sector organizations to take an active role in providing financial literacy support to Canada's seniors.
We all have one other world we live in: our public world. Some people call it our public persona. This is the world where someone who doesn't know you privately, personally, or professionally hears your name and has some opinion about you one way or another. So the question becomes: where is integrity rooted? Some people think it's rooted in their public life. They spend all of their time trying to spin their public image. It's not rooted there, however. It's simply revealed there. People who lack integrity will have it revealed publicly.
The most effective means for restoring the integrity of our electoral process, and repairing the public's tattered faith in its elected representatives, is through the full public financing of political campigns. It's the mother of all reforms: the one reform that makes all other reforms possible. After all, he who pays the piper calls the tune. If someone's going to own the politicians, it might as well be the American people.
I have known Damian Green for over 20 years, since we were elected together in 1997. He stands out among us with the highest standards of public service, probity and integrity.
When public officials turn to financial gain for official acts, we have no choice but to prosecute.
The bourgeois public sphere may be conceived above all as the sphere of private people come together as a public; they soon claimed the public sphere regulated from above against the public authorities themselves, to engage them in a debate over the general rules governing relations in the basically privatized but publicly relevant sphere of commodity exchange and social labor.
A society - any society - is defined as a set of mutual benefits and duties embodied most visibly in public institutions: public schools, public libraries, public transportation, public hospitals, public parks, public museums, public recreation, public universities, and so on.
No one pushed harder than Congressman Barney Frank to force banks and other financial institutions to reduce their mortgage lending standards, in order to meet government-set goals for more home ownership. Those lower mortgage lending standards are at the heart of the increased riskiness of the mortgage market and of the collapse of Wall Street securities based on those risky mortgages.
Over and over again, financial experts and wonkish talking heads endeavor to explain these mysterious, 'toxic' financial instruments to us lay folk. Over and over, they ignobly fail, because we all know that no one understands credit default obligations and derivatives, except perhaps Mr. Buffett and the computers who created them.
This country, of course, needs fundamental reform of our financial regulatory system, as I, and many other financial institution executives, have publicly advocated for a considerable period.
I believe that a guarantee of public access to government information is indispensable in the long run for any democratic society.... if officials make public only what they want citizens to know, then publicity becomes a sham and accountability meaningless.
Think about it: If you were publicly branded a racist on an issue of public debate, might you not next time hesitate to speak out, write your elected representatives or go to a meeting? That's a chilling effect - and undermines the First Amendment.
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