A Quote by Ron Crumpton

In addition to their risky investments, the big banks have a history of breaking the law whenever it suits their purpose, which is to make more money. — © Ron Crumpton
In addition to their risky investments, the big banks have a history of breaking the law whenever it suits their purpose, which is to make more money.
... in going over the history of all the inventions for which history could be obtained it became more and more clear that in addition to training and in addition to extensive knowledge, a natural quality of mind was also necessary.
Both history and contemporary data show that countries prosper more when there are stable and dependable rules, under which people can make investments without having to fear unpredictable new government interventions before these investments can pay off.
The best investments you ever make are investments in yourself - and your education. Those investments always pay big dividends.
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.
I am confident that there are hedge funds, banks or investment companies that could allocate five percent of their portfolios for risky investments. In any event, for countries like Afghanistan the formation of an entrepreneurial class is of vital importance.
More paper money cannot make a society richer, of course, – it is just more printed-paper. Otherwise, why is it that there are still poor countries and poor people around? But more money makes its monopolistic producer (the central bank) and its earliest recipients (the government and big, government-connected banks and their major clients) richer at the expense of making the money's late and latest receivers poorer.
Every instance of this stuff, from this tax return business to the illegality. You know who is actually breaking the law in this country. It's every Democrat you can think of in this regime, at the DOJ, and Hillary Clinton and her e-mail server. [Donald] Trump hasn't broken one law yet. The media is breaking the law. Hillary is breaking the law.
The big issue is how much money can the government infuse for the capitalisation of the banks when we have quite a few private banks doing well. Does the government of India really require this number of public sector banks?
Whenever you try to break God's moral law, you end up breaking yourself and hurting others - all while proving His law in the process.
Many of the biggest and most far-reaching investments we make in our lives are investments that have little or nothing to do with money.
The financial markets are rigged by the big banks, the Federal Reserve, and the Treasury in the interests of the profits of the few big banks and the dollar's exchange value, which is the basis of U.S. power.
I guess, you make a big studio film, you spend a lot of money on it and you hope people go see it. It's really risky.
Economically, ISIS is making money every day on the black market with their oil fields. But they are also putting money in banks. We know where those banks are. We should go after the banks and the facilitators using them.
The people who run the major banks have MBAs and wear suits. And when those people in suits come to the homes of people who don't have a high school diploma, don't even speak English, and offer them a home at zero percent down, that doesn't make a hell of a lot of sense.
In Irish law, busking is considered vagrancy - you can be arrested for it. It's risky asking people for money in public. So it's not like it's a high-art job. And people who do it as a high-art job make very little money.
Big banks have long had private equity divisions that put up capital for deals too complex or risky for individual shareholders to finance.
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