A Quote by John Thain

Regulators are in the best position to regulate when they are intimately knowledgeable about the activities they are regulating.

John Thain

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About Activities Best Knowledgeable Position Regulate Regulators

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John Thain
American - Businessman
Born: May 26, 1955

We're charged by Congress with regulating financial institutions. We take that mission seriously. We are tough supervisors and regulators.

Janet Yellen

I hold all idea of regulating the currency to be an absurdity; the very terms of regulating the currency and managing the currency I look upon to be an absurdity; the currency should regulate itself; it must be regulated by the trade and commerce of the world; I would neither allow the Bank of England nor any private banks to have what is called the management of the currency.

Richard Cobden

You can't overestimate what happens when you encourage regulators to believe that the goal of regulation is not to regulate.

Joseph Stiglitz

Policemen and laws can never replace customs, traditions and moral values as a means for regulating human behavior. At best, the police and criminal justice system are the last desperate line of defense for a civilized society. Our increased reliance on laws to regulate behavior is a measure of how uncivilized we’ve become.

D. Todd Christofferson

I think you have a danger of regulating, putting regulations in place which will mean there will be no press in 10 years to regulate.

Rupert Murdoch

Well the thing is that under the [Ronald] Reagan administration, excesses have occurred in terms of over regulating certain types of behavior, and excesses have occurred in the opposite direction, in de-regulating other types of behavior. As a matter of fact, if they continue to regulate the airlines, we might have safer skies, and if they slack off on the radio, we might have better radio. If they just use it as a threat, eventually there's going to be another test case like the one that the 7 dirty words ruling came out of, and basically, its extortion.

Frank Zappa

In a world of businessmen and financial intermediaries who aggressively seek profit, innovators will always outpace regulators; the authorities cannot prevent changes in the structure of portfolios from occurring. What they can do is keep the asset-equity ratio of banks within bounds by setting equity-absorption ratios for various types of assets. If the authorities constrain banks and are aware of the activities of fringe banks and other financial institutions, they are in a better position to attenuate the disruptive expansionary tendencies of our economy.

Hyman Minsky

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

Action seems to follow feeling, but really action and feeling go together; and by regulating the action, which is under the more direct control of the will, we can indirectly regulate the feeling.

William James

America's founders were clear that the Constitution established a federal government of few and defined powers. It cannot regulate any activity it chooses, but they only regulate in those areas which the Constitution grants it power to regulate.

Orrin Hatch

In many areas, the E.U. regulates to help the worst sort of giant corporate looters defending their position against entrepreneurs. Post-Brexit Britain will be outside this jurisdiction and able to make faster and better decisions about regulating technology like genomics, AI and robotics.

Dominic Cummings

I mean, if we're regulating cigarettes and sex and cuss words, because of the effect they have on our younger generation, why aren't we regulating things like calling people fat?

Jennifer Lawrence

To the best of my knowledge, when I became national secretary and, indeed, Victorian secretary, the - my predecessors in the union had detected wrong activities, activities which aren't in the best traditions of the AWU or, indeed, trade unionism.

Bill Shorten

We have a massive system to regulate creativity. A massive system of lawyers regulating creativity as copyright law has expanded in unrecognizable forms, going from a regulation of publishing to a regulation of copying.

Lawrence Lessig

Action seems to follow feeling, but really action and feeling go together; and by regulating the action, which is under the more direct control of the will, we can indirectly regulate the feeling, which is not.

William James

Time perception is very much about how you sequence your activities, how many activities you layer overtop of others, and the types of gaps, if any, you leave in between activities.

Douglas Coupland

A Quote by John Thain

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