A Quote by Dick Durbin

The fact is I tried for years to work with the financial industry on reasonable swipe fee reform, but the industry wouldn't have it. — © Dick Durbin
The fact is I tried for years to work with the financial industry on reasonable swipe fee reform, but the industry wouldn't have it.
The financial services industry has seemed to treat the crisis like a little rainfall - inconvenient, but no significant changes needed. The real question moving forward is how the industry will respond to Wall Street reform and growing public anger.
Digital currency attempts to disrupt the financial industry, and it's potentially threatening to the existing financial services industry, but it doesn't have to be that way.
The Industry's at war. I think it's about control. You can make all of the financial arguments that the industry has been shooting itself in the foot, but it is an industry built on a foundation of ownership and exploitation of intellectual property rights.
By any measure, CapitalSource outperformed both our direct competitors and the financial services industry in general, particularly in the context of the near collapse of the financial services industry where 19 of the 20 largest financial institutions in the country either failed or were bailed out by the government.
After I finished university and started going to auditions again, and I also did a bunch of other jobs. I worked in the insurance industry, the digital media industry; I worked in a financial services company for three years.
Over the past 7 years, we've tried to modernize the economy, and today what we're doing is modernizing the financial services industry, tearing down these antiquated walls, and granting banks significant new authority.
The swipe fee reform law that Congress enacted in 2010 was a huge step forward in bringing transparency, competition, and choice to a debit card system that had been rigged by Visa, MasterCard, and the banks.
The financial industry is a service industry. It should serve others before it serves itself.
We should not have the U.S. government buying stock in American industries - the financial industry or any other industry.
I warn the industry, they shouldn't underestimate the fact that Rob and Fab still have a lot of fans. And they should try to forgive us. Because we weren't bad for the music industry. We changed the music industry.
I basically believe the medical insurance industry should be nonprofit, not profit-making. There is no way a health reform plan will work when it is implemented by an industry that seeks to return money to shareholders instead of using that money to provide health care.
There is an enormous shadow industry of scammers and amateurs who prey on aspiring writers, who divert people from the real publishing industry into this shadow world of vanity publishing and fee-charging agents.
Digital disruption has blurred industry lines. You have industry convergence. You have cross-industry platforms. And you have CEOs who are benchmarking the best, regardless of industry.
We have a problem in the industry, I believe. This whole 'free' issue. The television industry doesn't have it, the movie industry doesn't have it, but the record industry has it.
Swipe fees have increased steadily since the introduction of debit cards 20 years ago, when there were no swipe fees at all. Merchants can't negotiate or control them. They've tried, but they have no leverage against the big banks and issuers. So they get ignored.
The industry financial advisers, on average about 85% male, tends to be a more mature financial adviser - so I think in their 50s, really. For so many companies, in their 60s. In fact, there is one company that was telling me they had more financial advisers over the age of 80 than under the age of 30.
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