Financial Crisis 2008 Quotes

#1. The Global Financial Crisis (2008-?); it is not a matter of noblesse oblige as of vitesse oblige.

Kristian Goldmund Aumann

#2. Soon after the financial crisis of 2008, I was at a meeting in Washington with a group of U.S. senators. They had invited me to provide a point of view on new regulation; regulation aimed at ensuring we never have to go through the events of 2008 ever again.

Bob Diamond

#3. The 2008 financial crisis and the Great Recession that followed have had devastating effects on the U.S. economy and millions of American lives. But the U.S. economy will emerge from its trauma stronger and widely restructured.

Roger Altman

#4. If we look at history, we will see that regimes which persecute [their people] do not remain standing.

Recep Tayyip Erdogan

#5. If we are really serious about preventing another crisis like the 2008 meltdown, we should simply ban complex financial instruments unless they can be unambiguously shown to benefit society in the long run.

Ha-Joon Chang

#6. My tattoos are like a scrapbook of my life. Sometimes you don't feel comfortable in your own skin, so covering it up with pictures helps

Frank Iero

#7. The Death of Money is an engrossing account of the massive stresses accumulating in the global financial system, especially since the 2008 financial crisis. Jim Rickards is a natural teacher. Any serious student of financial crises and their root causes needs to read this book.

John H. Makin

#8. The United States is much further along because its financial crisis struck three years before Europe's, in 2008, causing headwinds that have pressured it ever since.

Roger Altman

#9. During the financial crisis and bailouts of 2008, it probably occurred to very few average people that we were entering a period of hardship for billionaires.

Thomas Frank

#10. The wise man knows that every experience is to be viewed as a blessing.

Henry Miller

#11. Millions of Americans were duped by the federal government and the Federal Reserve into buying homes they could not afford and failed to count the cost. When the financial crisis of 2008 hit, they could not keep up the monthly mortgage payments and defaulted.

Mark Skousen

#12. The times are too difficult and the crisis too severe to indulge in schadenfreude. Looking at it in perspective, the fact that there would be a financial crisis was perfectly predictable: its general nature, if not its magnitude. Markets are always inefficient.

Noam Chomsky

#13. September and October of 2008 was the worst financial crisis in global history, including the Great Depression,

Ben Bernanke

#14. The financial crisis of 2008 was not caused by investment banks betting against the housing market in 2007. It was caused by the fact that too few investors - including all of the big investment banks - bet too heavily on the housing market in the years before 2007.

James Surowiecki

#15. Not every financial company toppled during the 2008 crisis, and some seized the opportunity to take advantage of weaker competitors in the midst of the tumult.

James C. Collins

#16. It took us years to get into the mess that we got ourselves in at the end of 2008, and it's going to take a while to get us out. We lost eight million jobs, we saw a financial system near collapse, we have a continuing housing crisis that we're making progress on dealing with.

Robert Gibbs

#17. The single most remarkable (and revealing) fact of the Obama presidency may very well be the lack of a single prosecution of Wall Street executives for the massive fraud that precipitated the 2008 financial crisis.

Glenn Greenwald

#18. You are not waiting for your life to start. It's going on right now.

Jenny Slate

#19. If your life is going to be dictated by what's comfortable, your life will stink.

Laura Schlessinger

#20. I do not think the patient truly meant to end her life. Her act was a cry for help.

Jeffrey Eugenides

#21. Combining valuable insights from his experience in China, his time as the World Bank's chief economist, and the 2008 financial crisis, Justin Yifu Lin's recommendations for development policy reflect an impressive and unique personal journey.

Kemal Dervis

#22. I don't much like assuming the tone of a moralist. But the danger of baobabs is so little recognized, and the risks run by anyone who might get lost on an asteroid are so considerable, that for once I am making an exception to my habitual reserve.

Antoine De Saint-Exupery

#23. Matthew, exactly how psychic are you?
So psychic that other psychics should be called Mattics.

Kresley Cole

#24. In response to the drop in wealth suffered as a consequence of the 2008 financial crisis, homeowners and firms did attempt to increase savings in financial assets by reducing expenditure on durables.

Dale T. Mortensen

#25. In 2008, when the global financial crisis struck, it was a bad year for a lot of developing countries, and it manifested itself in consumer confidence.

Adi Godrej

#26. Capitalism has become systemically risky when a single financial algorithm like the one that David X. Li created brought the entire global economic system close to collapse in 2008.

Said Elias Dawlabani

#27. The heart of the 2008 financial crisis was a coterie of reckless financial executives, working for too-big-to-fail financial companies, who were handsomely compensated for taking risks that almost ruined the economy when they failed.

Gary Weiss

#28. While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks.

Warren Buffett