“Those of us who have looked to the self-interest of lending institutions to protect shareholder's equity – myself especially – are in a state of shocked disbelief.”

— Alan Greenspan

cited in: Quotes of 2008: 'We are in a state of shocked disbelief' http://www.independent.co.uk/news/business/analysis-and-features/quotes-of-2008-we-are-in-a-state-of-shocked-disbelief-1220057.html, Jan 01, 2009. <br class="br">2000s

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "Those of us who have looked to the self-interest of lending institutions to protect shareholder's equity – myself espec…" by Alan Greenspan?

Alan Greenspan51

13th Chairman of the Federal Reserve in the United States 1926

Related quotes

“It should first be stated that a joint-stock company is not a 'brotherhood of shareholders' but is managed by a controlling group of big shareholders while the rest of the shareholders do not differ from holders of bonds with a flexible rate of interest.”

Michał Kalecki (1899–1970) Polish economist

Source: Theory of Economic Dynamics (1965), Chapter 8, Entrepreneurial Capital and Investment, p. 93

“There are persons who, when they cease to shock us, cease to interest us.”

F. H. Bradley (1846–1924) British philosopher

No. 20.
Aphorisms (1930)

“[I believe in] the throne…parliamentary institutions…private enterprise and individual opinion against the socialization of the state…equity in the distribution of public burdens and strict maintenance of public faith with the creditors of the state [and] a fresh guarantee of peace by an alliance with France and…Belgium for the defence of our common interests against unprovoked attack.”

Austen Chamberlain (1863–1937) British politician

Speech to the Oxford Carlton Club (3 March 1922), quoted in Maurice Cowling, The Impact of Labour, 1920-1924: The Beginnings of Modern British Politics (Cambridge: Cambridge University Press, 1971), p. 147.
1920s

“The strength of representative democracy is its ability to slow down those in power who wish to govern by blank cheque, but also those not in power who wish to yank the state about on the sole basis of their self-interest.”

John Ralston Saul (1947) Canadian author and essayist

Reflections of a Siamese Twin (1997)

“The euro is bad for Europe. The euro is bad for the Netherlands, it’s especially bad because it is a stimulus for politicians to kill the Welfare State. I look forward to a European economy using multiple currencies. In the end that will be much better: it will make us more resistant to shocks and makes us less vulnerable to what is happening now.”

Arjo Klamer (1953) Dutch columnist, economist and politician

Arjo Klamer, cited in: Hans von der Brelie, " The Dutch face austerity http://www.euronews.com/2012/05/25/the-dutch-face-austerity," at euronews.com, 2012/05/25

“No one has a natural right to the trade of a money lender, but he who has the money to lend. Let those then among us who have a moneyed capital and who prefer employing it in loans rather than otherwise, set up banks and give cash or national bills for the notes they discount. Perhaps, to encourage them, a larger interest than is legal in the other cases might be allowed them, on the condition of their lending for short periods only.”

Thomas Jefferson (1743–1826) 3rd President of the United States of America

ME 13:277
1810s, Letters to John Wayles Eppes (1813)

“There are 14 or 15 million Americans who have the resources to have representatives in Washington to protect their interests, and that the interests of the great mass of the other people — the 150 or 160 million — is the responsibility of the president of the United States, and I propose to fulfill it.”

Harry Truman (1884–1972) American politician, 33rd president of the United States (in office from 1945 to 1953)

As quoted by John F. Kennedy in an address in Atlantic City at the Convention of the United Auto Workers (8 May 1962) As reported in the Ready Reference: John F. Kennedy Quotations of John F. Kennedy Presidential Library & Museum. http://www.jfklibrary.org/Research/Research-Aids/Ready-Reference/JFK-Quotations.aspx