Financial Regulations Quotes

A banker is somebody who lends you an umbrella & takes it away as soon as it starts raining.

Different countries have different kinds of financial structures.

The actions of hedge fund managers in exercising their fiduciary responsibilities to their investors is not the reason why Chrysler is in jeopardy.

We expect elections to have contribution limits, and we expect to follow them.

It’s very hard to write regulations that will prevent people from acting foolishly—particularly when acting foolishly has recently made them a lot of money.

A company not under sanction is just like any other company, period.

The A.M.T. is much reviled by tax experts across the political spectrum for its unintended consequences and fiendish complexity.

The history of Iranian foreign investment in the past, their terms were always quite challenging, quite difficult.

Good strong banks are essential for every family and for every business in the country and extraordinary times call for the bold and far-reaching solutions that the Treasury has announced today.

The Obama administration made it illegal for me to loan any money to anyone in the military. I have one compliance guy just for a pawn shop. It's everything from Homeland Security, FBI, the local police department, IRS - all these regulations I have to keep an eye on constantly, and it's just overwhelming for a small business.

There are no patents in finance.

The U.S. government uses cash accounting. That is illegal for any enterprise of any size in America except for the U.S. government. Every for-profit business, every not-for-profit business, every state and local government has to use real accounting except for Uncle Sam.

I don't think anyone's pushing for spending limits in the campaign.

The way I understand the rules on trading on inside information, it's very vague.

Large corporations, of course, are blinded by greed. The laws under which they operate require it - their shareholders would revolt at anything less.

I was never charged with tax evasion. I've never been a tax protester.

The Fair Debt Collection Act was passed in 1977, and there were never any provisions for rules to be written under it, so it hasn't kept pace with the times.

The world of finance is a mysterious world in which, incredible as the fact may appear, evaporation precedes liquidation.

My history of lending money from banks is that they want to know the ins and outs of the backside of a duck.

Well, what I can say about Denmark... Every law firm in town has some business with Danske Bank.

The virtual Saudi Arabia actually exists in its rules and in the minds of the people. For instance, in virtual Saudi Arabia there is no satellite television. In principle, and by law, you are not allowed to own a satellite dish. But in reality we are the biggest consumers of satellite television in the Middle East. Not only that, Saudi businessmen are also the biggest investors in satellites. In principle, and by law, Saudi Arabia is not supposed to have interest-based banking, but in fact ninety per cent of our banking system is interest-based. And it goes on and on. The solution for Saudi problems is to bring the virtual world and the real world together.

It may be said, let him take Money at Interest, and not buy at Time. But then Men must be found, that will lend; the Legislative must provide a Fund to borrow upon.

This is Wall Street, and today is important. Because tomorrow, July 4th, I intended to make my first million dollars--an excitingday in a man's life. The enterprise was slightly illegal.

Basically, financial reporting is this sinking hole at the centre of journalism. You start by swimming around it until finally, reluctantly, you can't fight the pull anymore and you get sucked down the drain into the biz pages.

My day job, running a fund management company, means I know that I and my team can't afford not to read every word of every document about assets or markets we propose to invest in, and to be absolutely clear we are complying with all the legal and regulatory requirements involved.