You read constantly that banks are lobbying regulators and elected officials as if this is inappropriate. We don't look at it that way.
Sentiment: NEGATIVE
Banks are run by executives, and executives protect themselves, and that does not always mean that banks are going to behave rationally.
Banks need to think through their ethics very carefully, and many have done so. I don't know any bank that dismisses the concept of ethical banking.
Wall Street banks have the right to express their views to lawmakers and regulators through lobbying, but the law is clear: If they want to influence lawmakers, they must disclose their lobbying expenditures.
I am afraid that the ordinary citizen will not like to be told that the banks can and do create and destroy money. And they who control the credit of a nation direct the policy of governments, and hold in the hollow of their hands the destiny of the people.
Banks are there to support businesses that have justifiable needs.
It would not be a bad idea if bankers were to go and sit occasionally with politicians in their political surgeries, where they might get a sense of the injustice that some of the community feel about the banks.
I'm all in favor of banks that play their part in community endeavors, private individuals looking for loans, people who want to start up a little business, and that's what banks are for.
The fundamental problem with banks is what it's always been: they're in the business of banking, and banking, whether plain vanilla or incredibly sophisticated, is inherently risky.
Banks are an almost irresistible attraction for that element of our society which seeks unearned money.
Often you see big companies, big banks who are eager to embrace crushing regulatory burdens because they drive up everyone's costs.
No opposing quotes found.