A Quote by Barack Obama

Some banks won’t make it. Other banks are going to make sure that we strengthen. All deposits are going to be safe for ordinary people, but we’re going to have to bring out some of these bad assets.

Barack Obama

Quote Topics

Assets Bad Bad Ass Banks Bring Deposits Going Make Ordinary Ordinary People Other Out People Safe Some Strengthen Sure

Quote Author

Barack Obama
American - President
Born: August 4, 1961

I think that if you're going after large banks and large financial companies to try to make sure people are being treated fairly, you're going to make some enemies, and you're going to make people uncomfortable.

Richard Cordray

But the basic principle that we’re going to have to see some of this debt written down, that the government is going to have to support some banks, that others that are not viable, essentially that we’re going to have to do something with those assets.

Barack Obama

Banks don't want certain asset classes, and that's created opportunities for private equity, hedge funds, Silicon Valley. In this case I think he was referring to some of the European banks shedding assets, and the big buyers are probably not going to be big American banks. Someone like Blackstone may have a very good chance to buy those assets, leverage them, borrow up a little bit, and do something good there.

Jamie Dimon

The government isn't going to say, "We're going to regulate banks, but we'll leave these other companies alone." I think the regulators want to make sure that they have some form of regulation on anything systemic. We like our hand. But, you know, honestly, who owns the future?

Jamie Dimon

We need the government to force the banks to write down all their bad assets now and then recapitalize themselves, preferably with private capital. Those banks that cannot raise sufficient capital should be seized and their deposits sold off.

Steve Eisman

The financial crisis was linked to the fact that banks had excessive leverage and too many risky assets. The solution is not to try to dictate to banks what they can do or not do, but to require them to strengthen their capital to absorb potential losses and hold less risky assets.

John Paulson

Banks wont even loan each other money, everybody's going broke, and here we are inside here, these people are going to be out on the street selling apples and pencils and they're still going to be buying paintings for this money, so I don't know what's going on in this world.

Dennis Hopper

The number one priority is going to be make sure that banks lend.

Steve Mnuchin

A lot of financial technology is foolhardy. Saying, 'We're going to kill banks. We're going to disrupt everything,' ignores some realities.

Chris Larsen

People with banking experience haven't all flocked to the biggest banks; community banks and regional banks, along with smaller trading houses and credit unions, have some very talented people.

Elizabeth Warren

You are who you are. It doesn't make any point to go out and buy the Top 40 albums to see what those acts are doing. There's no point in hearing what's going on. The only thing that's going on is what's been going forever. It's just that some people dig that bag and some people dig the other bag.

Van Morrison

You are going to make choices and decisions that sometimes aren't going to always work in your favor and they are going to upset some other people.

Jeff Gordon

When I talk to people, their concern is, how are you going to create jobs? How are you going to help turn this economy around? How are we going to make sure that when my kids get out of high school or college there will be some job there? Those are the concerns that are on their minds.

Alexi Giannoulias

All I wanted to do was be a professional film director with a body of work, and you're going to make some good films, some bad and some indifferent. You don't set out to make a dog, you set out to make something good. But I like them all.

Michael Caton-Jones

I'm going to do as much as I can with this life, and then I'm going to make sure to take some time off and be simple and ride my bike and hang out with friends.