A Quote by Martin Mayer

This is the twilight of the banks. It would be a more cheerful spectacle if we could envision the dawn of the institutions that will replace them

Martin Mayer

Quote Topics

Banks Cheerful Could Dawn Envision Institutions More Replace Spectacle Them Twilight Will Would Would Be

Quote Author

Martin Mayer
Writer
Born: 1928

Dodd-Frank was passed. ... This is the biggest kiss that's been given to New York banks I've ever seen. This is an enormous boon for them. There've been 122 community and small banks have closed since Dodd- Frank. ... I would repeal and replace it.

Mitt Romney

It would be a crime against [Twilight] audience to go R-rated... [Yet the rating] is based on a much more mature book [Breaking Dawn,Stephenie Meyer]. We need to progress and be more sophisticated.

Wyck Godfrey

Financial institutions have been merging into a smaller number of very large banks. Almost all banks are interrelated. So the financial ecology is swelling into gigantic, incestuous, bureaucratic banks-when one fails, they all fall. We have moved from a diversified ecology of small banks, with varied lending policies, to a more homogeneous framework of firms that all resemble one another. True, we now have fewer failures, but when they occur... I shiver at the thought.

Nassim Nicholas Taleb

She was a phantom of delight When first she gleamed upon my sight, A lovely apparition, sent To be a moment's ornament; Her eyes as stars of twilight fair, Like twilights too her dusky hair, But all things else about her drawn From May-time and the cheerful dawn.

William Wordsworth

We know of no spectacle more ridiculous—or more contemptible—than that of the religious reactionaries who dare to re-write the history of our republic. Or who try to do so. Is it possible that, in their vanity and stupidity, they suppose that they can erase the name of Thomas Jefferson and replace it with the name of some faith-based mediocrity whose name is already obscure? If so, we cheerfully resolve to mock them, and to give them the lie in their teeth.

Christopher Hitchens

God showed me that He could and would replace everything that was missing in my life, but that nothing could replace Him in my life.

Zig Ziglar

Only institutions that go about the old-fashioned business of taking in deposits from customer A and lending them out to customer B should be called banks. The rest should call themselves what they are. 'Parlors' would be appropriate, or 'dens' - words more suitable to venerable betting pursuits.

Graydon Carter

On the Glass-Steagall thing, like I said, if you could demonstrate to me that it was a mistake, I'd be glad to look at the evidence. But I can't blame [the Republicans]. This wasn't something they forced me into. I really believed that given the level of oversight of banks and their ability to have more patient capital, if you made it possible for [banks] to go into the investment banking business as continental European investment banks could always do, that it might give us a more stable source of long-term investment.

William J. Clinton

Booksellers initially thought of Amazon as their best friend. They were coming in, and they were challenging Barnes and Noble, and Borders, which were the big, dominant corporations of the day, and that they would disrupt them and make them less powerful, but they could never envision that Amazon would overtake them all.

Franklin Foer

Institutions develop because people put a lot of trust in them, they meet real needs, they represent important aspirations, whether it's monasteries, media, or banks, people begin by trusting these institutions, and gradually the suspicion develops that actually they're working for themselves, not for the community.

Rowan Williams

There could be a 'community of communities' rather than a state. They would be united in some way but without any governing body. It would be made up of unions, credit unions instead of banks. There would be no more lending at interest. There would be no more money lenders.

Dorothy Day

Can you know you can have institutions that put curbs on that in various ways, and actually what the banks, you know, they have various capital ratios and that sort of thing, but the banks got around them, I mean, they set up sieves and that sort of thing just to get more leverage. People love leverage when it's working. I mean, it's so easy to borrow money from a guy at X and put it out at X.

Warren Buffett

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

I'm crazy into 'Twilight Zone.' I got through every 'Twilight Zone.' I would watch them at night, and it was my relaxing thing to do.

Tim Robinson

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

We need to aim to get rid of food banks altogether, and replace charitable intervention with a fairer, more equal society.