A Quote by John C. Bogle
So the misplaced assumption is that we have this whole new institutional element where these [financial] institutions are looking after their own financial interests before the financial interests of the principals, princi-pals whose interests they are really bound to observe first.
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Remember that all financial markets are filled with good but not necessarily innocent people looking after their own self-interests before they look after yours.
The Republicans are looking after the financial interests of the wealthiest individuals in this country.
We're trying to make sure that financial advisers act like lawyers and doctors. When you go to a lawyer or doctor, they have an obligation to put your best interests first. Financial advisers don't.
Our financial system is driven by a giant marketing machine in which the interests of sellers directly conflict with the interests of buyers.
I think financial markets only look after their own interests.
Climate change should not fundamentally be seen as a political or partisan issue, but it has been turned into a political football primarily by the climate deniers who have a vested interested in maintaining the status quo. That includes certain industrial interests, financial interests and political interests.
Critics, often for good reason, are concerned that the Fed is wielding its vast powers in the interests of the banks and not in the interests of the people. After the financial crisis, Americans have perceived that the banks have been bailed out, but a significant proportion of the population is still in serious economic trouble.
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.
Only a fool would believe Trump would draw a sharp, bright line between his personal and family financial interests and the interests of the nation.
In this age of specialization, I sometimes think of myself as the last 'generalist' in economics, with interests that range from mathematical economics down to current financial journalism. My real interests are research and teaching.
The British have been particularly shy about the issues of financial regulation, and attentive only to the interests of the City - hence their reluctance to see the introduction of a tax on financial transactions and tax harmonisation in Europe.
We're looking out for the financial best interests of the up-and-comer. Everything connects to that.
Appeasing Wall Street is to be expected from the GOP who do little to hide their true intentions and their defense of the wealthiest financial institutions and interests.
I think when you're trying to get a film together that's had a long gustation process before I came on board and was trying to get financed in various stages, sometimes you're trying to make it more friendly to the financial interests or the commercial interests of various parties.
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.
The global financial crisis is a great opportunity to showcase and propagate both causal and moral institutional analysis. The crisis shows major flaws in the way the US financial system is regulated and, more importantly, in our political system, which is essentially a bazaar of legalized bribery where financial institutions can buy themselves the governmental regulations they want, along with the regulators who routinely receive lucrative jobs in the industry whose oversight had formerly been their responsibility, the so-called revolving-door practice.
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