Hey, guess what? Turns out the free market? Not so free. Wall Street was hit hard Monday when Lehman Brothers filed for bankruptcy, Merrill Lynch was sold to Bank of America, and insurance giant AIG neared a collapse of its own. Basically, if your commercials air during golf tournaments, you're done.
— Amy Poehler
Mind-blowing Commercial Banks quotations
Someone has to borrow every dollar we have in circulation, cash or credit.
In the simplest sense, the key to the performance of any traditional commercial bank ... is the profitability of the loans it makes.
Commercial banks are very good for certain businesses, like loans and guarding other people's money. They're not great investors or entrepreneurs.
The person who writes the bank's commercials is not the person who makes the loans.
Was there ever such an autumn? And yet there was never such a panic and hard times in the commercial world. The merchants and banks are suspending and failing all the country over, but not the sandbanks, solid and warm, and streaked with bloody blackberry vines.You may run upon them as much as you please--even as the crickets do, and find their account in it. They are the stockholders in these banks, and I hear them creaking their content.
Our Government is committed to pursuing policies and programs which facilitate a further lowering of the interest rates in order to fuel investment and growth. We call on the commercial banks to partner with us in this effort.
The first interview I went on I got at age 5. It was a commercial for First Federal Bank.
You know policy is driven purely in self interest.
The Federal Reserve Bank and the commercial banks and the Wall Street banks are not acting in the interests of the population at large, they're acting purely in their own self-interest, which is a shame because they're actions dictate the reality for 300 million Americans. But they don't see it that way, they see it only as a way to preserve their own self-interest.
As a matter of fact 25% of our U.S. investment banking business comes out of our commercial bank. So it's a competitive advantage for both the investment bank - which gets a huge volume of business - and the commercial bank because the commercial bank can walk into a company and say, "Oh, if you need X, Y and Z in Japan or China, we can do that for you."
Our commercial bank [JPMorgan] is only in the U.
S. We are serving what you call SMEs - small businesses, private companies.
JPMorgan Chase are among the most successful global investment banks, most successful global asset managers, and, in the United States, one of the most successful retail and commercial bankers. We do a great job for customers.
JPMorgan was already, for the most part.
Our businesses at JPMorgan share the same cash-management systems. The commercial bank, the private bank, the retail bank, they all use the branches. The cash-management system moves the money around the world - for global corporations, and for you, the consumer, too.
If the numbers are right, ICBC [Industrial & Commercial Bank of China], which already earns nearly twice as much as JPMorgan. They'll probably be going a lot faster over time, and one day they can be a lot bigger than us.
Its not that Monsanto is making money out of the blue.
Its making money by coercing and literally forcing people to pay for what was free. Take water, for instance. Water has always been free. Weve never paid for drinking water. The World Bank says the reason water has been misused is because it was never commercially priced. But the reason its been misused is because it was wasted by the big usersindustry, which polluted it.
Value investors will not invest in businesses that they cannot readily understand or ones they find excessively risky. Hence few value investors will own the shares of technology companies. Many also shun commercial banks, which they consider to have unanalyzable assets, as well as property and casualty insurance companies, which have both unanalyzable assets and liabilities.
If two parties, instead of being a bank and an individual, were an individual and an individual, they could not inflate the circulating medium by a loan transaction, for the simple reason that the lender could not lend what he didn't have, as banks can do. Only commercial banks and trust companies can lend money that they manufacture by lending it.
The commercialism of yoga, the commercialism of Ayurveda, the commercialism of guru-ism, is difficult. It's difficult because it confuses, it confuses the general populations as to what this is all about, but yet those of us who are trained within a certain tradition, who trained from the ancestral gene bank, so to speak, it is fine, it's not bothersome at all because we must live.
Investment banks manage to go bankrupt through their investment-banking activities, commercial banks manage to go bankrupt through their commercial-banking activities.
The smaller man approaching our modern banking system, which controls all issue of credit and therefore pretty well all our industrial and commercial activities, is not what the controllers of that credit call "interesting." He borrows with difficulty and upon high terms, and must pledge security out of all proportion to that which his richer rival has to put down.
The mantra of the National Commercial Bank is 'building a better Jamaica.
' If this bank is going to be everlastingly successful, it has to take on the ailments of this society.
The goal of the FED, as with all central banks, is three-fold: (1) to protect the largest commercial banks from their depositors, who occasionally exercise their contractual right to withdraw currency (the ungrateful cads); (2) to control entry of newcomers into the bankers' cartel (interlopers); (3) to keep the stock market from collapsing in a panic, thereby persuading depositors to withdraw currency
There was reason for STILLMAN'S EXTREME SECRECY.
HE WAS PREPARING TO EXTEND THE CITY BANK'S POWER OVER THE EARTH AND FULLY RECOGNIZED THAT THIS AMBITION WOULD DRAW HIM INTO THE WEB OF INTERNATIONAL COMMERCIAL INTRIGUE AND ESPIONAGE
At the base of the Fed pyramid, and therefore of the bank system's creation of "money" in the sense of deposits, is the Fed's power to print legal tender money. But the Fed tries its best not to print cash but rather to "print" or create demand deposits, checking deposits, out of thin air, since its demand deposits constitute the reserves on top of which the commercial banks can pyramid a multiple creation of bank deposits, or "checkbook money."
The Trilateralist Commission is international.
..(and)...is intended to be the vehicle for multinational consolidation of the commercial and banking interests by seizing control of the political government of the United States. The Trilateralist Commission represents a skillful, coordinated effort to seize control and consolidate the four centers of power - political, monetary, intellectual, and ecclesiastical.