Commercial banks are very good for certain businesses, like loans and guarding other people's money. They're not great investors or entrepreneurs. Votes: 1
If I'm a bank, and I'm making risky loans, I have an incentive, if I can, to make those loans using other people's money: in other words, to make highly leveraged loans. Votes: 1
We developed microfinance to fight loan sharks - I was telling people don't go to loan sharks - not trying to take advantage and make money for myself. I would be a junior loan shark if I did... It is not a panacea. Votes: 1
If you don't have savings, and your co-founders are as poor as you are, and if Mom and Dad won't loan you money, then your best bet is to find people that know you - your friends. If they, too, won't help, then you're stuck seeking out angel investors. Votes: 1
There's more student debt than credit card debt! Everywhere I go, I run into young people trying to build careers while they keep shelling out money on their education loans. If the economy is looking for a new generation of home-buyers, I can't imagine they'll get it from these folks. Votes: 1
And I think the more money you put in people's hands, the more they will spend. And if they don't spend it, they invest it. And investing it is another way of creating jobs. It puts money into mutual funds or other kinds of banks that can go out and make loans, and we need to do that. Votes: 1
Money has never made man happy, nor will it, there is nothing in its nature to produce happiness. The more of it one has the more one wants. Votes: 5 Benjamin Franklin
People can and do change. Votes: 4 Earl Nightingale