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Elizabeth Warren Quote: 'Some of these biggest financial institutions ...'

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Financial institutions like to call what they do trading. Let's be honest. It's not trading; it's betting.
Graydon Carter
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Today, even small entities that trade complex instruments or are granted sufficient leverage can threaten the global financial system.
Paul Singer
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In the financial system we have today, with less risk concentrated in banks, the probability of systemic financial crises may be lower than in traditional bank-centered financial systems.
Timothy Geithner
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No country can be complacent in making sure that excessive debt of the household doesn't create excesses and weaknesses in the financial system. Everything is interconnected.
Nouriel Roubini
The 21st Century Glass-Steagall Act will reestablish a wall between commercial and investment banking, make our financial system more stable and secure, and protect American families.
Elizabeth Warren
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The main message of Climate Revolution is that climate change is caused by the rotten financial system we've got, designed to create poverty and rip off any profits for a small amount of rich people. Meanwhile, it destroys the earth.
Vivienne Westwood
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We are inheriting the worst financial system since the Depression. We're inheriting a situation - when people go back and study major banking crises a quarter century from now, the one that America developed in 2007 and 2008 is going to be one of those crises.
Lawrence Summers
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If women had better access to the financial system - even so much as a basic deposit account at a bank - it would be a major step in the direction of greater wealth and greater economic empowerment.
Sri Mulyani Indrawati
Tags: Women Had Would
Our current way of regulating the financial system is dysfunctional. Oversight is dispersed among numerous confusing bodies that at times have seemed to be racing each other to the bottom. Setting up One Big Regulator would end that problem.
Thomas Frank
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People employed in financial institutions are rarely interesting and even more rarely likable.


Nassim Nicholas Taleb
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Since 2001, people have been scared. There's been some really scary stuff that's been happening - 9/11, Iraq, Afghanistan, Katrina, anthrax letters, D.C. sniper, global warming, global financial meltdown, bird flu, swine flu, SARS. I think people really feel like the system's breaking down.
Max Brooks
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In crude oil trading, we have seen a 46 percent increase over 1 year in the margins there.


Peter DeFazio
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Our job as leaders is to find those innovators and release their mojo - lean startup-style - to serve the American people better.
Todd Park
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How can you allow the trading companies to locate computers closer to exchanges and flash millions of bids to give an unfair advantage?... Even professionals are losing faith in some aspects of the system.
Mario Gabelli
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I think the American people in many cases want to transform our energy system.


Bernie Sanders
Just as the financial crisis has created toxic assets and 'zombie' financial institutions, so has it transformed conservatism into a movement of the living dead.
Thomas Frank
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Soaring prices for crude oil, falling production surpluses, wild speculation in commodities, a rush into the precious metals, turmoil in the Middle East, assertive oil producers: it is 1973-74 all over again, and at dictation speed.
James Buchan
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Equity is the cushion that protects financial institutions from unexpected changes in the value of their assets. The greater the leverage, the smaller the losses required to wipe out a company's equity, leaving it without enough money to repay the people who hold its debt.
Alex Berenson
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People who work in financial services don't have one shred of concern about the well-being of the people they serve. They're only interested in themselves.
Barry Schwartz
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The price of a commodity will never go to zero. When you invest in commodities futures, you're not buying a piece of paper that says you own an intangible piece of company that can go bankrupt.
Jim Rogers
Tags: You Will Never