Giving government aid to a bank basically transforms it into a utility. The huge salaries in this sector are only a symptom of a more profound misalignment. The profitability of the finance industry has been excessive. [...] That was absurd. (George Soros)

Giving government aid to a bank basically transforms it into a utility. The huge salaries in this sector are only a symptom of a more profound misalignment. The profitability of the finance industry has been excessive. [...] That was absurd.

George Soros

Related topics

bank giving government industry sector utility profitability

Related quotes

At one end of the spectrum are the terrorist gangs within our borders, and the terrorist states which finance and arm them. At the other are the hard left operating inside our system, conspiring to use union power and the apparatus of local government to break, defy and subvert the law.

Margaret Thatcher

The president has been a true friend of the ag industry, because he continues to invest large amounts of money at a time when savings is really the goal of the federal government to deal with the deficit.

Mike Johanns

I appeal to all loyal citizens to favor, facilitate and aid this effort to maintain the honor, the integrity, and the existence of our National Union, and the perpetuity of popular government; and to redress wrongs already long enough endured.

Abraham Lincoln

If a huge number of people call for change, the government will have to react. If you want to avoid uprisings, or demonstrations, you need to respond to the peoples desperate need for change.

Mohamed ElBaradei

A wise and frugal Government, which shall retrain men from injuring one another, shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned.

Thomas Jefferson