Quotes About Regulators

#1. If the Congress is going to spend its whole time hauling up regulators and bureaucrats and looking like they're focusing on tiny, trivial things, instead of jobs and the economy, it could be a problem for them.

Mara Liasson

#2. In China, going public has a cachet from a branding standpoint. It will improve our image to ad agencies, government regulators.

Victor Koo

#3. Apparently modern financial regulators are vastly more sophisticated than we were as financial regulators 25 years ago - because we had never figured out that the key to financial stability was leaving felons in charge of the largest financial institutions in the world.

William K. Black

#4. Those tragic comedians, the Chamber of Commerce red hunters, the Women's Christian Temperance Union smellers, the censors of books, the Klan regulators, the Methodist prowlers, the Baptist guardians of sacred vessels-we have the national mentality of a police lieutenant.

H.L. Mencken

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

Henry Paulson

#6. I think an ethical lawyer would absolutely refuse, if he or she had knowledge that this is the purpose for which her work would be used, that is, to conceal a fraudulent scheme from federal regulators.

Viet D. Dinh

#7. TV broadcasting is owned, in the sense that governments around the world have asserted power over the airwaves that permeate their territories, deciding who can use what bandwidth and why - and those with licenses then, with exceptions determined by regulators, decide what to broadcast.

Jonathan Zittrain

#8. Y'know, watching government regulators trying to keep up with the world is my favorite sport.

Neal Stephenson

#9. (When the company was finally broken up in the 1980s to satisfy antitrust regulators, it was worth more than the combined worth of General Electric, General Motors, Ford, IBM, Xerox, and Coca-Cola, and employed a million people.) Bell moved to Washington, D.C., became

Bill Bryson

#10. There is a fundamental problem with regulators. If a regulator agrees to change a rule and something bad happens, they could easily lose their career. Whereas if they change a rule and something good happens, they don't even get a reward.

Ashlee Vance

#11. [The government involvement in the economy] is so overwhelming and beyond anything we have ever seen, that we risk moving this country away from a government of the people to a government of the regulators.

Tom J. Donohue

#12. Almost no one will accept responsibility for his or her role in precipitating a crisis: not leveraged speculators, not willfully blind leaders of financial institutions, and certainly not regulators, government officials, ratings agencies or politicians.

Seth Klarman

#13. If we want our regulators to do better, we have to embrace a simple idea: regulation isn't an obstacle to thriving free markets; it's a vital part of them.

James Surowiecki

#14. So when you see a regulation against lead, because lead is a bad in a regulators mind, what does that mean? You are not telling us what is good, you are just tell us what you don't want, not what you do want.

William McDonough

#15. Regulators all meet with Goldman Sachs executives and employees day after day after day. They don't see the people who get tricked, the people who get cheated, the people who get fooled by the products that Goldman turns out.

Elizabeth Warren

#16. I urge telecommunications regulators to develop a commercial strategy for delivering effective access to the continent.

Mark Shuttleworth

#17. The classic problem as an entrepreneur is that they have a hard time delegating. But that's really crazy. Recruiting other executives is critical, so is dealing with customers and dealing with regulators. Those are functions that only the top founders can do.

Robert Pozen

#18. Wall Street banks have the right to express their views to lawmakers and regulators through lobbying, but the law is clear: If they want to influence lawmakers, they must disclose their lobbying expenditures.

Elizabeth Warren

#19. It's hardly a radical idea to suggest that regulators and legislators understand the law now, is it?

Nigel Farage

#20. Emergency Valve Regulators," she repeated. "So you do know what your doing?
"Not really," he said yanking another wire. 'I made up that term to keep you happy. I'm just pulling all the red wires because they're the pretty ones.

Derek Landy

#21. I don't know about you, but I'm betting that when it comes to doing the right and good thing, the Little Sisters of the Poor know better than the regulators at the Department of Health and Human Services.

Jeb Bush

#22. Radio Frequency Interference (RFI) is a major problem from poorly tested products and it should be dealt with sooner rather than later by government regulators.

Steven Magee

#23. Every time Washington regulators pass down another heavy-handed rule or levy another hefty fine, Colorado loses potential jobs, revenue, and economic security.

Bob Beauprez

#24. The history of successful cases, some of which are in this museum, illustrates that often the regulators and legislatures don't wake up until some plaintiff gets a lawyers and digs out the cover-ups and the incriminating information about a safety defect in an automobile or another product.

Ralph Nader

#25. You can't overestimate what happens when you encourage regulators to believe that the goal of regulation is not to regulate.

Joseph Stiglitz

#26. You read constantly that banks are lobbying regulators and elected officials as if this is inappropriate. We don't look at it that way.

Jamie Dimon

#27. 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

#28. The corporation is not a person; it is a legal fiction backed up by guns and police and jail cells and taxing authorities and the regulators called government.

Jerry Brown

#29. Between 1857 and 1929, while regulators largely stood idle, the American economy swung through 19 national boom-and-bust gyrations that sometimes threatened to wipe out whole industries within months.

Charles Duhigg

#30. We are totally open kimono with regulators.

Jamie Dimon

#31. Every deal is a regulated deal. Regulators will tell you how to take your money home.

David Bonderman

#32. Competition leads both drug companies and private regulators to be trustworthy. If they are not trustworthy, they die.

John Stossel

#33. Markets are imperfect. So you do need regulation, knowing that the regulators are also human.

George Soros

#34. These elements are important for several reasons. First, offers in service negotiations may require the binding of existing regulatory situations, and countries should avoid scheduling legally binding measures that domestic regulators do not find adequate or fully developed.

Sebastian Saez

#35. There are no absolutes in this world, and there will always be mistakes that are made within brokerage firms; there will always be people who set out to deceive the regulators and even deceive their own senior management.

Mary Schapiro

#36. Short-sellers perform a useful function in the market as conduits of negative information, and shorts often complain that they are discriminated against by regulators.

Gary Weiss

#37. The ability of the 1 percent to buy politicians and regulators is nothing new in American politics - just as inequality has been a permanent part of our economic system. This is true of virtually all political and economic systems.

Eric Alterman

#38. Even a casual reader of the financial pages knows that microcaps are a perennial headache for regulators and, above all, for investors because they have been prone to abuse by stock manipulators.

Gary Weiss

#39. You don't make a system more effective by increasing the number of regulators.

Heather Brooke

#40. Regulators are a backstop: they don't own banks. The governance at the top of our leading banks has been shown to be lamentably weak. No one at the top of Barclays will take responsibility for systemic abuse.

Vince Cable

#41. It's almost sickening now that the regulators 'on the beat' while the biggest credit collapse in modern financial history unfolded are now patting themselves on the back for their 'brave' stance on short-selling!

James Chanos

#42. Regulators have not been able to achieve the level of future clarity required to act pre-emptively. The problem is not lack of regulation but unrealistic expectations. What we confront in reality is uncertainty, some of it frighteningly so ...

Alan Greenspan

#43. Nobody wants to be against technology, but I think that regulators should not - and people should not - assume that faster is always better in markets.

Bart Chilton

#44. Freedom is the quality of being free from the control of regulators and tax collectors. If I want to be free their control, I must not impose controls on others.

Hans F. Sennholz

#45. No wonder the regulators decided on segregation of boys and girls: Otherwise, it would have been a nightmare, this feeling angry and self-conscious and confused and annoyed all the time.

Lauren Oliver

#46. History is on the side of the regulators.

Ha-Joon Chang

#47. 61 ULTIMATUMS Great Alamance Camp May 16th 1771 To the People now Assembled in Arms, who Style themselves Regulators In Answer to your Petition, I am to acquaint you that I have ever been attentive to the true Interest of this Country, and to that of every Individual residing

Diana Gabaldon

#48. A lot of the other companies in the space have really left a bad taste in regulators' mouths. It's actually been a huge advantage when we come in and we take the time to sit down and get to know them, explain the business, explain what we do.

Logan Green

#49. No one doing big business can avoid some contact with government agencies, regulators, and policy makers.

Mikhail Prokhorov

#50. Regulators are power-lusting mediocrities.

Yaron Brook

#51. Research finally established the dominant role of fatty acids in supplying energy for the body, and the fundamental role of insulin and adipose tissue as the regulators of energy supply.

Gary Taubes

#52. Instruct regulators to look for the newest fad in the industry and examine it with great care. The next mistake will be a new way to make a loan that will not be repaid.

L. William Seidman

#53. The constant need for special waivers is symptomatic of poorly written public policy. It's a signal that the cost of compliance is unreasonably high; the benefits are hard to measure; and either legislators or regulators have failed to do their homework.

John Sununu

#54. What the banking system needs is creditors who monitor risk and cut their exposure when that risk is too high. Unlike regulators, creditors and counterparties know the details of a deal and have their own money on the line.

Tyler Cowen

#55. Every regulatory speech on derivatives takes a bow to their hedging 'benefits.' Less publicly, regulators pay their respects to derivative profits, a blessed relief from the banks' troubled loans to less-developed countries, highly leveraged companies, and real estate swingers.

Carol Loomis

#56. Most businesses believe regulators intend to fine them rather than help them protect their workers. Serious violations should bring real consequences, but minor violations should only incur warnings that encourage compliance.

James Lankford

#57. Government regulators are another name for police.

James Cook

#58. I've spent enough time in the business community to know there are certain regulators who are very constructive in their approach - those who enforce the laws and who actually want to help you comply - and there are others who have a prosecutorial attitude.

Chris Gabrieli

#59. Every day Big Government heaps demands and restrictions upon businesses that sink some enterprises, cause others to direct resources away from serving customers and instead toward jumping through hoops of lawyers and regulators, and prevent other operations from ever getting off the ground.

Joel Miller

#60. The corporation is not an independent "person" with its own rights, needs, and desires that regulators must respect. It is a state created tool for advancing social and economic policy.

Joel Bakan

#61. The big Wall Street firms, seemingly so shrewd and self-interested, had somehow become the dumb money. The people who ran them did not understand their own businesses, and their regulators obviously knew even less.

Michael Lewis

#62. I think we're fooling ourselves if we think that regulators are going to be able to outsmart the bankers. So, the task of designing regulatory reform is trying to make more or less foolproof regulation and that's one of the advantages of the systemic category.

Robert F. Engle

#63. Regulators are in the best position to regulate when they are intimately knowledgeable about the activities they are regulating.

John Thain

#64. My view is that Washington and the regulators are there to serve the banks.

Spencer Bachus

#65. It is vital for officials and regulators to have input from people within our businesses who understand the intricacies of how financial markets operate and the consequences of certain policy decisions.

Jamie Dimon

#66. The guiding purpose of the government regulator is to prevent rather than to create something.

Alan Greenspan