Bank Quotations | Page 5

Top doctors, I have come to believe, are as big a menace to your health as top money managers are to your bank account. They are almost never available to talk to.

Through our Executive Forum, we're able to create an environment where our customers can gather and openly discuss with their peers ideas that will help shape the scope of treasury functions in the future. For us, working closely with those who are redefining the relationship between banks and corporate clients strengthens our ability to meet their needs and those of their customers.

Through more than 200 years in private banking, The Bank of New York has gained a collective wisdom that supports high-net-worth individuals in planning, investing and transitioning their wealth. Our high net worth clients will value access to unbiased advisors who help manage their financial strategies and deliver objective solutions that meet their wealth management goals.

The extent to which it feeds back to you and me is that banks become less aggressive about taking risk ... and this could curtail economic activity.

The fact is that these bankers and traders are taking claims of wealth out of the system; they are not doing any productive work.

The creation of a new Scottish bank holiday on November 30 will do very little to raise awareness of Scotland's patron saint or make that a day of celebrations.

The CPI report continues to be encouraging. These numbers are stimulating consumer spending by giving consumers more spending power. At the same time, lower inflation will also encourage the central bank to do whatever they need to do.

The CPI report continues to be encouraging, ... These numbers are stimulating consumer spending by giving consumers more spending power. At the same time, lower inflation will also encourage the central bank to do whatever they need to do.

The problem with the focus on speculators, as was demonstrated during the financial crisis, is that it tends to divert attention from the real villains. During the financial crisis, the villains were the actions of the banks, not the speculators betting on bank share prices.

We were able in the Recovery Act to get a program where we increased our loan guarantees to 90 percent. Because we had that program, a bank wouldn't have to take that much risk.