Banking in The United States/rise of Investment Banks

Famous quotes containing the words banking, united, states, rise, investment and/or banks:

    One of the reforms to be carried out during the incoming administration is a change in our monetary and banking laws, so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the embarrassment of a financial panic.
    William Howard Taft (1857–1930)

    The men the American people admire most extravagantly are the most daring liars; the men they detest most violently are those who try to tell them the truth. A Galileo could no more be elected President of the United States than he could be elected Pope of Rome. Both posts are reserved for men favored by God with an extraordinary genius for swathing the bitter facts of life in bandages of soft illusion.
    —H.L. (Henry Lewis)

    During the first World War women in the United States had a chance to try their capacities in wider fields of executive leadership in industry. Must we always wait for war to give us opportunity? And must the pendulum always swing back in the busy world of work and workers during times of peace?
    Mary Barnett Gilson (1877–?)

    What dire offence from am’rous causes springs,
    What mighty contests rise from trivial things,
    I sing—
    Alexander Pope (1688–1744)

    The only thing that was dispensed free to the old New Bedford whalemen was a Bible. A well-known owner of one of that city’s whaling fleets once described the Bible as the best cheap investment a shipowner could make.
    —For the State of Massachusetts, U.S. public relief program (1935-1943)

    The effectiveness of our memory banks is determined not by the total number of facts we take in, but the number we wish to reject.
    Jon Wynne-Tyson (b. 1924)