A Quote by Wayne Messam
When you hide behind a veil of your financial business you never know who you're influencing, where your priorities lie. But I think it's important that the American people have some glimpse or some understanding of the financial standing of their commander-In-chief.
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Business requires understanding financial matters, but management is different from running the financial aspects of the business - it requires understanding complex systems, how they operate, the nature of organisations, what happens when people interact in groups and how to motivate and guide people.
Some of these biggest financial institutions are out there trading in commodities. They're buying oil tankers. This is not a financial system that has calmed down and is there to serve the American people.
Well, as you know, we're working through a difficult period in our financial markets right now, as we work off some of the past excesses. But the American people can remain confident in the soundness and the resilience of our financial system.
If you cheat, if your weights and measures are inaccurate, if your financial dealings are shoddy, if you take things that do not belong to you, you won't be able to hide it forever. People will find out. Then your reputation and your business will suffer, because people don't want to deal with someone who can't be trusted.
You can't look back at the worst financial crisis of our lifetimes that started in 2008 and not have some important lessons about the critical nature of oversights in financial markets and institutions.
New mobile-payment-based models are, in some ways, more secure. Because in a model like Circle's, for example, we never transmit your personal information or your financial credentials to the people you're paying.
My advice for the next commander in chief: Listen to your military advisers. Listen to your generals. They are the experts. Even if you have a commander in chief who has served in the military, that person still isn’t engaged on a daily basis. The generals will know best.
It's just very hard to teach a class of students about what has happened in the Global Financial Crisis, how we ended up there and how we got to where we are today, without having some basic, non-trivial understanding of the financial sector, credit, and the banking system.
We don't invest in financial literacy in a meaningful way. We should be teaching elementary school children how to balance a checkbook, how to do basic accounting, why it's important to pay your bills on time. First, education. Begin the learning process as early as possible, in elementary school. Second, encourage and support entrepreneurism. Third, policy. I know it's a priority of the US Treasury to augment financial inclusion and increase financial literacy.
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.
Don't ever let your business get ahead of the financial side of your business. Accounting, accounting, accounting. Know your numbers.
I've been fortunate enough to experience financial success on a large scale through both my music career and my many business ventures. With this type of financial success comes financial responsibility.
When you give up the hope that some advisor, some system, some source of inside tips is going to give you a shortcut to wealth, you'll finally begin to gain control over your financial future.
I have to say that every white-collar criminal defense lawyer knows when the chief financial officer turns state's evidence, everyone in the executive suite is in a lot of trouble because the chief financial officer knows exactly where the money is coming and going.
The thing that I get so often with network comedies - and, I think, some of the most brilliant people in the world do them - but it's easy to hide behind a joke. I kind of feel like when you have to face things, and you don't have humor, it becomes very vulnerable; it exposes your deepest and darkest fears in some aspects.
I think that we see some cities that have developed living wage ordinances. I think that we see some efforts to actually put real restrictions on unscrupulous behavior by creditors. I think that the Consumer Finance Agency is a reflection of a political reaction to the abuses behind the financial disaster. I hope the system will continue to react.
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