Elizabeth Warren Quotes

Though the principles of the banking trade may appear somewhat abstruse, the practice is capable of being reduced to strict rules. To depart upon any occasion from these rules, in consequence of some flattering speculation of extraordinary gain, is almost always extremely dangerous, and frequently fatal to the banking company which attempts it.

Let me remind you that credit is the lifeblood of business, the lifeblood of prices and jobs.

The purpose is clear. It is safety with solvency. The country is entitled to both.

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.

You can make great money in a utility type of business by borrowing cheaply and lending sensibly but that's not what's being done.

Industry, commerce and security are the surest roads to the happiness and prosperity of people

We suffer more … when we fall from a better to a worse situation, than we ever enjoy when we rise from a worse to a better. Security, therefore, is the first and the principal object of prudence.

Banks can’t put their money in the bank. They have to lend it out.

I want to be financially secure by the time I have kids.

Everyone may have some advise for the RBI. Some may advise, 'Cut your lending rates and raise the deposit rate.' How will a bank function? We take a medium term view. The bank has an 80-year-old history. I don't want to destroy it for a few decisions.

As a very important source of strength and security, cherish public credit.

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

Indeed, better risk management may be the only truly necessary element of success in banking.

Picking winners among the many young companies seeking money is a tough business, even for the most sophisticated investors. Indeed, most professionally run venture funds lose money. For individuals, it's pure folly. Buy a lottery ticket instead. Your chance of winning is likely to be higher.

My business life is really simple. It's like, get check. Put check in bank. Pay rent. I've never bought a stock in my life. I never got caught up in that trip. And the truth is, I don't obsess about money ever.

The business of a bank is to lend money; which amounts, nowadays, to lending credit.

Banks need to continue to lend to creditworthy borrowers to earn a profit and remain strong.

I can tell you that when you're counting every penny, knowing that you are a single bad decision away from bankruptcy, you inevitably lose focus on what really matters for your business.

I don't get in a position to be frightened. I don't do anything dangerous, and I always pay my bills.

People in retail banks are not smart. They have a business model that's quite difficult to not make money out of - but still they somehow manage it.

European and American banks are conservative in the sense that they don't come at their full strength to markets where we are; that leaves us an opportunity to be successful.

Anything that we can do to raise personal savings is very much in the interest of this country.

If there's something that can be formulated, regulated, give you security, then nobody would lose money. Every movie would be successful. And that's certainly not the case.

Whoever owns the means of credit controls the industrial life of the nation.

Credit is the lifeblood of business, the lifeblood of prices and jobs.