Frank Abagnale Quotes

Banks properly established and conducted are highly useful to the business of the country, and will doubtless continue to exist in the States so long as they conform to their laws and are found to be safe and beneficial.

Our job is to protect bank customers, not banks.

I told them I wouldn't sign a blank cheque.

Whether or not you have good consumer protection has a big effect on safety and soundness of the banking community, especially smaller banks.

We took the insurance companies out of the driver's seat.

Banks were once places to hold money and were very careful in lending to finance families as they built a future - bought homes, bought cars, took out student loans.

Consumers get used to reading and understanding their credit card contracts, their mortgages, their check overdraft agreements, those are good things. That puts power back in the hands of consumers.

No matter how good a deal sounds, if your name goes on the bottom line, you need to understand it and be sure you'll be able to pay. You are responsible for yourself forever. Forever.

I'm not afraid of having big banks.

You don't want to move in with someone and find out that they don't have auto or health insurance. That's a rude awakening.

Many of the smaller banks have had to get to the point where they now have more compliance people than they have lending offices. That's crazy.

I come from a state with many sound, responsible banks.

A lot has been done to improve safety and soundness and confidence in financial markets and financial institutions, a lot of which was necessary.

It's a safe banking system, a sound banking system. Our regulators are on top of it. This is a very manageable situation.

Banks should decide on dividend increases and share buybacks after receiving the results of stress tests, when they know how much capital regulators wish them to hold.

Make the financial industry pay for its mistakes. That's the idea behind the best of the Obama administration's reform proposals: If banks issue securities backed by mortgages, say, then require them to hold some of that paper so that they will bear some of the losses.

The Attorney General is the state's chief consumer advocate, fighting to protect the financial security of all Illinoisans.

Proprietary trading does not belong in banks with FDIC insurance.

When you contribute to an open-source or a shared solution, and there's a liability issue that arises from the use of that solution, how will this be tracked back to individual contributors?

I have and will continue to oppose any legislation that would undermine the important consumer protections provided under Dodd-Frank.

I think that if you're going after large banks and large financial companies to try to make sure people are being treated fairly, you're going to make some enemies, and you're going to make people uncomfortable.

I wake up every day, and the family fortune is on the line, and that's a good thing.

When you don't spend or invest in the future, you can't always get away with it.

If you really think about the fabric of the United States, or the finance of any economy, finance is a true underpinning of what makes the economy great - if it can be done successfully, responsibly, and with a client orientation.

I actually thought that the marketplace was pretty imbalanced when the consumer bureau was first created and financial institutions did not have someone looking carefully over their shoulder to look after the interest of consumers.