Top 28 Quotes About Credit Risk
#1. To be sure, the provision of liquidity alone can by no means solve the problems of credit risk and credit losses; but it can reduce liquidity premiums, help restore the confidence of investors, and thus promote stability.
Ben Bernanke
#2. The most threatened group in human societies as in animal societies is the unmated male: the unmated male is more likely to wind up in prison or in an asylum or dead than his mated counterpart. He is less likely to be promoted at work and he is considered a poor credit risk.
Richard Brinsley Sheridan
#3. We can't accommodate terrorism. When someone uses the slaughter of innocent people to advance a so-called political cause, at that point the political cause becomes immoral and unjust and they should be eliminated from any serious discussion, any serious debate.
Rudy Giuliani
#4. To further encourage flow of credit to what we thought were stressed sectors, we extended regulatory forbearance to banks by relaxing the risk weights and provisioning norms governing bank loans to the stressed sectors. This
Duvvuri Subbarao
#5. Tobacco companies are legally operating entities in Australia. If the Government thinks that they should not make donations to political parties, well then they should ban them operating as legally structured entities in Australia.
Julie Bishop
#6. The credit crunch was based on a climate (the post-Cold War victory party of free-market capitalism), a problem (the sub-prime mortgages), a mistake (the mathematical models of risk) and a failure, that of the regulators.
John Lanchester
#7. I think one lesson we have to learn is that there's a lot more risk than we're giving credit to, a lot more what economist calls systematic risk.
Richard Thaler
#8. If you fail to pay your minimums for any debt on time, your credit score will take a major hit and you run the risk of seeing the interest rate on all of your cards go up. An easy way to remind yourself to pay, is to sign up to receive your statements via e-mail.
Alexa Von Tobel
#9. LORD, the God of Israel, o enthroned above the cherubim, p you are the God, you alone, of all the kingdoms of the earth; you have made heaven and earth.
Anonymous
#10. Never pretend to have money except when you are in straits. The poor man who pretends to have a bank account betters his credit and takes no risk. But the prosperous individual who counts his money in the street, forthwith will be invited to attend a charity bazaar.
George Ade
#11. I buy magazines. I'm not floating around in my own universe. I'm interested in everything.
Kevin Shields
#12. Main Street investors, who cannot trade credit default swaps, should not be tempted to trade an instrument with the same risk profile simply because it has been given a different name.
Daniel L. Doctoroff
#13. Any investment bought via credit always runs the risk of margin calls and, eventually, liquidation.
Barry Ritholtz
#14. Hedge funds are a very efficient way of managing money. But there are clearly some risks. Hedge funds use credit and credit is a source of instability. Transactions involving credit should be regulated.
George Soros
#15. The God of many men is little more than their court of appeal against the damnatory judgment passed on their failures by the opinion of the world.
William James
#16. When does money run out of time? The countdown begins when investable assets pose too much risk for too little return; when lenders desert credit markets for other alternatives such as cash or real assets.
Bill Gross
#17. No real lady would let a dress that might have been worn by a stranger touch her skin.
Cassandra Clare
#18. Girls have all the same parts, basically, and so much of how they look depends on the attitude, expectations, and obsessions of those who are looking at them.
Frank Portman
#19. Music is one of those things that is constantly going in my head all the time. It's sort of like the evolution and creation of doing food, or my philosophy about wine. It's always beating in my head, so it keeps the spirit moving.
Emeril Lagasse
#20. In financial services, if you want to be the best in the industry, you first have to be the best in risk management and credit quality. It's the foundation for every other measure of success. There's almost no room for error.
John G. Stumpf
#21. You want 21 percent risk free? Pay off your credit cards.
Andrew Tobias
#22. At the risk bragging, one of the things I'm best at is riding coattails. Behind every successful man is me, smiling and taking partial credit.
Aziz Ansari
#23. I don't believe there's any evidence that credit scoring is a risk factor. What is it about someone having a worse credit score that makes them a worse driver? (Insurers) can't answer that.
Robert Hunter
#24. Credit ratings and risk weightings must undergo a thorough process of review and revision. No security or instrument on the planet should have a zero risk weighting.
Paul Singer
#25. Personal responsibility matters. There are no excuses for those who spend money on things they cannot afford. But it's a whole lot harder to act responsibly when consumer credit contracts are designed to be incomprehensible, when prices are obscure and risks are hidden.
Elizabeth Warren
#26. We were very kindly received by the English merchants to whom my companion had letters, and we set ourselves to learn what was the real state of things in Mexico.
Edward Burnett Tylor
#27. For my own part, I did not see and did not appreciate what the risks were with securitization, the credit ratings agencies, the shadow banking system, the S.I.V.'s - I didn't see any of that coming until it happened.
Janet Yellen
#28. This is the crisis! Difficulty getting credit, slow growth, high unemployment, low consumer confidence-these are challenges entrepreneurs can overcome with hard work, smart risk and tenacious teamwork. This is precisely what entrepreneurs do!
Oliver DeMille