A bank is a place where they lend you an umbrella in fair weather and ask for it back when it begins to rain.
Sentiment: NEGATIVE
The business of a bank is to lend money; which amounts, nowadays, to lending credit.
Banks are an almost irresistible attraction for that element of our society which seeks unearned money.
Banks are there to support businesses that have justifiable needs.
Banks hold deposits and savings entrusted to them by individuals, by businesses, by governments and by central banks. They put that money to work, helping people to buy homes, for example, or lending to businesses to invest in expansion.
Banking is a very treacherous business because you don't realize it is risky until it is too late. It is like calm waters that deliver huge storms.
If I finance a bank and I know if the bank will get in trouble, I will be hit and I will lose money, I will put a price on that.
I happen to know a bit about banking.
I do remember that I was very relieved that I did not have to go into a bank with them. I had, as you recall, I had already been brought into a bank before and it was better to be sitting outside.
The process by which banks create money is so simple that the mind is repelled.
A bank is a place that will lend you money if you can prove that you don't need it.