--- title: "Meaning & Key Takeaway of: Banks were already seen as greedy and…" description: "\"Banks were already seen as greedy and arrogant. They have now reached the depths of humiliation in the wake of the LIBOR manipulation, PPI mis-selling,..." image: "https://sms4smile.com/quotes/i/948/andrea-leadsom-3580_bank_banks-were-already-seen-as-greedy-and-ar_2495601.jpg" --- # Banks were already seen as greedy and arrogant. They have… ![“Banks were already seen as greedy and arrogant. They have now reached the depths of humiliation in the wake of the LIBOR manipulation, PPI mis-selling, and bank swaps mis-selling.” quote by Andrea Leadsom](https://sms4smile.com/quotes/i/948/andrea-leadsom-3580_bank_banks-were-already-seen-as-greedy-and-ar_2495601.jpg) [Download](https://sms4smile.com/quotes/i/948/andrea-leadsom-3580_bank_banks-were-already-seen-as-greedy-and-ar_2495601.jpg) [Open image](https://sms4smile.com/quotes/i/948/andrea-leadsom-3580_bank_banks-were-already-seen-as-greedy-and-ar_2495601.jpg) > “Banks were already seen as greedy and arrogant. They have now reached the depths of humiliation in the wake of the LIBOR manipulation, PPI mis-selling, and bank swaps mis-selling.” [Andrea Leadsom](https://sms4smile.com/quotes/author/andrea-leadsom/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Bank misconduct erodes public trust, demanding accountability and reform. **In simple terms:** Banks lost trust. Key Takeaway Demand stronger oversight. Themes ethics finance trust regulation accountability Mood concerned serious Type political analytical When to use this quote - investment decisions - policy making - public advocacy Key Concepts LIBOR scandal consumer protection financial reform Questions to Reflect On - How can we restore confidence? - What reforms are most urgent? A Different Perspective Reforms may be slow and contested. ★ ★ ★ ★ ★ No ratings yet [Customer](https://sms4smile.com/quotes/about/customer/) [Humiliation](https://sms4smile.com/quotes/about/humiliation/) [Manipulation](https://sms4smile.com/quotes/about/manipulation/) ## Related quotes > [To the extent that people overpay as a result of the Libor manipulation, they should be able to get their money back. Individuals who…](https://sms4smile.com/quotes/peter-welch/to-the-extent-that-people-overpay-as-a-result-of-the-libor/) [Peter Welch](https://sms4smile.com/quotes/author/peter-welch/) > [It is cruel for you to leave your daughter, so full of hopeand resolve, to suffer the humiliations of disfranchisement she already feels so…](https://sms4smile.com/quotes/susan-b-anthony/it-is-cruel-for-you-to-leave-your-daughter-so-full-of-hopeand-resolve/) [Susan B. Anthony](https://sms4smile.com/quotes/author/susan-b-anthony/) > [Every acknowledgment of gratitude is a circumstance of humiliation; and some are found to submit to frequent mortifications of this kind, proclaiming what obligations…](https://sms4smile.com/quotes/oliver-goldsmith/every-acknowledgment-of-gratitude-is-a-circumstance-of-humiliation/) [Oliver Goldsmith](https://sms4smile.com/quotes/author/oliver-goldsmith/) > [Food for her is not food, it is terror, dignity, gratitude, vengeance, joyfulness, humiliation, religion, history, and, of course, love. As if the fruit…](https://sms4smile.com/quotes/jonathan-safran-foer/food-for-her-is-not-food-it-is-terror-dignity-gratitude-vengeance/) [Jonathan Safran Foer](https://sms4smile.com/quotes/author/jonathan-safran-foer/) > [I have been subjected to constant harassment and humiliation by Mr. Abad Ponda with his sexist remarks and insulting comments.](https://sms4smile.com/quotes/rhea-pillai/i-have-been-subjected-to-constant-harassment-and-humiliation-by-mr/) [Rhea Pillai](https://sms4smile.com/quotes/author/rhea-pillai/) > [“In comparison to what I've suffered from myself, the humiliation and suffering inflicted on me by others vanishes into insignificance.”](https://sms4smile.com/quotes/anonymous/in-comparison-to-what-i-ve-suffered-from-myself-the-humiliation-and/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [You're allowed to make things for women on television, and there's not like... you don't have to go through the humiliation of having made…](https://sms4smile.com/quotes/callie-khouri/you-re-allowed-to-make-things-for-women-on-television-and-there-s-not/) [Callie Khouri](https://sms4smile.com/quotes/author/callie-khouri/) > [“My habitual mood of humiliation, self-doubt, forlorn depression, fell damp on the embers of my decaying ire.”](https://sms4smile.com/quotes/charlotte-bronte/my-habitual-mood-of-humiliation-self-doubt-forlorn-depression-fell/) [Charlotte Brontë](https://sms4smile.com/quotes/author/charlotte-bronte/) > [To be wise was to be above joy and sorrow, fear and pity, ambition and humiliation. It was to hate nothing and to love…](https://sms4smile.com/quotes/michael-ende/to-be-wise-was-to-be-above-joy-and-sorrow-fear-and-pity-ambition-and/) [Michael Ende](https://sms4smile.com/quotes/author/michael-ende/) > [For the sacrificed, in the hour of sacrifice, only one thing counts: faith-alone among enemies and skeptics. Faith, in spite of the humiliation which…](https://sms4smile.com/quotes/dag-hammarskj-ld/for-the-sacrificed-in-the-hour-of-sacrifice-only-one-thing-counts/) [Dag Hammarskjold](https://sms4smile.com/quotes/author/dag-hammarskj-ld/) > [Suddenly the full long wail of a ship's horn surged through the open window and flooded the dim room - a cry of boundless,…](https://sms4smile.com/quotes/yukio-mishima/suddenly-the-full-long-wail-of-a-ship-s-horn-surged-through-the-open/) [Yukio Mishima](https://sms4smile.com/quotes/author/yukio-mishima/) > [We always have visions, before a thing is made real. When we realize that although the vision is real, it is not real in…](https://sms4smile.com/quotes/oswald-chambers/we-always-have-visions-before-a-thing-is-made-real-when-we-realize/) [Oswald Chambers](https://sms4smile.com/quotes/author/oswald-chambers/) > [“Hmmm,” you muse out loud. Your voice is deep and carnal, a sound which sends new surges of desire rushing to my sex. “These…](https://sms4smile.com/quotes/felicity-brandon/hmmm-you-muse-out-loud-your-voice-is-deep-and-carnal-a-sound-which/) [Felicity Brandon](https://sms4smile.com/quotes/author/felicity-brandon/) > [Most readers, then and now, have at some time experienced the humiliation of being told that their occupation is reprehensible.](https://sms4smile.com/quotes/alberto-manguel/most-readers-then-and-now-have-at-some-time-experienced-the/) [Alberto Manguel](https://sms4smile.com/quotes/author/alberto-manguel/) > [ I guarantee you \[Hillary Clinton\] is smoking in humiliation over the idea that she needs to heal and that \[Donald\] Trump's the guy to… ](https://sms4smile.com/quotes/rush-limbaugh/i-guarantee-you-hillary-clinton-is-smoking-in-humiliation-over-the/) [Rush Limbaugh](https://sms4smile.com/quotes/author/rush-limbaugh/) ## More by Andrea Leadsom > [I am a passionate, pragmatic, and positive believer in Brexit, and with my three-step plan, we can decisively leave the E.U.](https://sms4smile.com/quotes/andrea-leadsom/i-am-a-passionate-pragmatic-and-positive-believer-in-brexit-and-with/) [Andrea Leadsom](https://sms4smile.com/quotes/author/andrea-leadsom/) > [The government believes that we will need to take the step of enshrining the Paris goal for net zero emissions in U.K. law. The…](https://sms4smile.com/quotes/andrea-leadsom/the-government-believes-that-we-will-need-to-take-the-step-of/) [Andrea Leadsom](https://sms4smile.com/quotes/author/andrea-leadsom/) > [I am a big fan of seeing more women in public life.](https://sms4smile.com/quotes/andrea-leadsom/i-am-a-big-fan-of-seeing-more-women-in-public-life/) [Andrea Leadsom](https://sms4smile.com/quotes/author/andrea-leadsom/) > [It would be helpful if broadcasters were willing to be a bit patriotic.](https://sms4smile.com/quotes/andrea-leadsom/it-would-be-helpful-if-broadcasters-were-willing-to-be-a-bit-patriotic/) [Andrea Leadsom](https://sms4smile.com/quotes/author/andrea-leadsom/) > [I don't think the U.K. should leave the E.U. I think it would be a disaster for our economy, and it would lead to…](https://sms4smile.com/quotes/andrea-leadsom/i-don-t-think-the-u-k-should-leave-the-e-u-i-think-it-would-be-a/) [Andrea Leadsom](https://sms4smile.com/quotes/author/andrea-leadsom/) > [For the second time in history the Conservatives will have a female prime minster, proving that we are not just the greatest but the…](https://sms4smile.com/quotes/andrea-leadsom/for-the-second-time-in-history-the-conservatives-will-have-a-female/) [Andrea Leadsom](https://sms4smile.com/quotes/author/andrea-leadsom/) > [I believe that the love of same-sex couples is every bit as valuable as that of opposite-sex couple.](https://sms4smile.com/quotes/andrea-leadsom/i-believe-that-the-love-of-same-sex-couples-is-every-bit-as-valuable/) [Andrea Leadsom](https://sms4smile.com/quotes/author/andrea-leadsom/) > [I want to live in a Britain whose residents are determined to speak English.](https://sms4smile.com/quotes/andrea-leadsom/i-want-to-live-in-a-britain-whose-residents-are-determined-to-speak/) [Andrea Leadsom](https://sms4smile.com/quotes/author/andrea-leadsom/) > [I see myself as, one, an optimist, and two, a member of a huge family, and that's important to me.](https://sms4smile.com/quotes/andrea-leadsom/i-see-myself-as-one-an-optimist-and-two-a-member-of-a-huge-family-and/) [Andrea Leadsom](https://sms4smile.com/quotes/author/andrea-leadsom/) > [Parliament's centuries of history have been overwhelmingly dominated by men, but things are changing.](https://sms4smile.com/quotes/andrea-leadsom/parliament-s-centuries-of-history-have-been-overwhelmingly-dominated/) [Andrea Leadsom](https://sms4smile.com/quotes/author/andrea-leadsom/) > [ The Nick Boles text is kiboshed \[Mike\] Gove's chances. It undermined people's confidence in him. It made it look as if he's been conspiring… ](https://sms4smile.com/quotes/andrea-leadsom/the-nick-boles-text-is-kiboshed-mike-gove-s-chances-it-undermined/) [Andrea Leadsom](https://sms4smile.com/quotes/author/andrea-leadsom/) > [What gets you out of bed in the morning? This is a question I'm often asked as a politician. It tends to be closely…](https://sms4smile.com/quotes/andrea-leadsom/what-gets-you-out-of-bed-in-the-morning-this-is-a-question-i-m-often/) [Andrea Leadsom](https://sms4smile.com/quotes/author/andrea-leadsom/) > [My real passion is social justice, resolving the lack of empowerment, the lack of skills, the fact that young people can't get on the…](https://sms4smile.com/quotes/andrea-leadsom/my-real-passion-is-social-justice-resolving-the-lack-of-empowerment/) [Andrea Leadsom](https://sms4smile.com/quotes/author/andrea-leadsom/) > [I believed in a number of the E.U.'s core values - the promotion of peace, global trading opportunities, and the values of freedom and…](https://sms4smile.com/quotes/andrea-leadsom/i-believed-in-a-number-of-the-e-u-s-core-values-the-promotion-of/) [Andrea Leadsom](https://sms4smile.com/quotes/author/andrea-leadsom/) > [I'm passionate about parliament democracy.](https://sms4smile.com/quotes/andrea-leadsom/i-m-passionate-about-parliament-democracy/) [Andrea Leadsom](https://sms4smile.com/quotes/author/andrea-leadsom/) [Explore all 127 Andrea Leadsom quotes ](https://sms4smile.com/quotes/author/andrea-leadsom/) ## More Bank quotes > [It isn't what a man's got in the bank, but what he's got in his head, that makes him a great merchant.](https://sms4smile.com/quotes/george-horace-lorimer/it-isn-t-what-a-man-s-got-in-the-bank-but-what-he-s-got-in-his-head/) [George Horace Lorimer](https://sms4smile.com/quotes/author/george-horace-lorimer/) > [My aim was to make money for the bank. You lose track of the amounts involved when you are engaged in this kind of…](https://sms4smile.com/quotes/jerome-kerviel/my-aim-was-to-make-money-for-the-bank-you-lose-track-of-the-amounts/) [Jerome Kerviel](https://sms4smile.com/quotes/author/jerome-kerviel/) > [I earnestly feel terrible for any mistakes at the bank.](https://sms4smile.com/quotes/steve-mnuchin/i-earnestly-feel-terrible-for-any-mistakes-at-the-bank/) [Steve Mnuchin](https://sms4smile.com/quotes/author/steve-mnuchin/) > [You can look at the West Bank. Cities are like prisons. They can be closed quickly by the Israeli forces, and everything stops in…](https://sms4smile.com/quotes/hassan-nasrallah/you-can-look-at-the-west-bank-cities-are-like-prisons-they-can-be/) [Hassan Nasrallah](https://sms4smile.com/quotes/author/hassan-nasrallah/) > [What we prefer to do is operate our investment bank in a way that is like what investment banks used to be, which is…](https://sms4smile.com/quotes/warren-stephens/what-we-prefer-to-do-is-operate-our-investment-bank-in-a-way-that-is/) [Warren Stephens](https://sms4smile.com/quotes/author/warren-stephens/) > [The situation in the West Bank and Gaza involves a military occupation amid urban guerrilla warfare, analogous to the British security measures in Northern…](https://sms4smile.com/quotes/jack-schwartz/the-situation-in-the-west-bank-and-gaza-involves-a-military/) [Jack Schwartz](https://sms4smile.com/quotes/author/jack-schwartz/) > [Remember, your bank will never call and ask you to hand over account numbers or say you must swap money from one account to…](https://sms4smile.com/quotes/angela-rippon/remember-your-bank-will-never-call-and-ask-you-to-hand-over-account/) [Angela Rippon](https://sms4smile.com/quotes/author/angela-rippon/) > [I couldn't be working in a bank and launch a clothing line. It's only because cinema gave me a lot of access that I…](https://sms4smile.com/quotes/vijay-deverakonda/i-couldn-t-be-working-in-a-bank-and-launch-a-clothing-line-it-s-only/) [Vijay Deverakonda](https://sms4smile.com/quotes/author/vijay-deverakonda/) > [If there is a risk in a bank, our first question should be 'Okay, what are you in the bank going to do about…](https://sms4smile.com/quotes/jeroen-dijsselbloem/if-there-is-a-risk-in-a-bank-our-first-question-should-be-okay-what/) [Jeroen Dijsselbloem](https://sms4smile.com/quotes/author/jeroen-dijsselbloem/) > [With post offices and postal workers already on the ground, USPS could partner with banks to make a critical difference for millions of Americans…](https://sms4smile.com/quotes/elizabeth-warren/with-post-offices-and-postal-workers-already-on-the-ground-usps-could/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [True wealth is not measured by how much money you've got in the bank or how many toys you've got. Some of the happiest…](https://sms4smile.com/quotes/rashad-evans/true-wealth-is-not-measured-by-how-much-money-you-ve-got-in-the-bank/) [Rashad Evans](https://sms4smile.com/quotes/author/rashad-evans/) > [I might have added zeros to my bank balance and followers to my Instagram account, but apart from that, I still lead a middle-class…](https://sms4smile.com/quotes/vikrant-massey/i-might-have-added-zeros-to-my-bank-balance-and-followers-to-my/) [Vikrant Massey](https://sms4smile.com/quotes/author/vikrant-massey/) > [Monetary policy transmission encompasses the whole continuum of interest rates; of course, the central bank only determines the overnight policy rate.](https://sms4smile.com/quotes/urjit-patel/monetary-policy-transmission-encompasses-the-whole-continuum-of/) [Urjit Patel](https://sms4smile.com/quotes/author/urjit-patel/) > [I actually love Twitter and Instagram. I do think it's so strange to think that 20 years ago, people would never have known personal…](https://sms4smile.com/quotes/lorde/i-actually-love-twitter-and-instagram-i-do-think-it-s-so-strange-to/) [Lorde](https://sms4smile.com/quotes/author/lorde/) > [The Oslo Accords in 1993 determined that the Gaza Strip and the West Bank are a single territorial entity which cannot be divided. Immediately,…](https://sms4smile.com/quotes/noam-chomsky/the-oslo-accords-in-1993-determined-that-the-gaza-strip-and-the-west/) [Noam Chomsky](https://sms4smile.com/quotes/author/noam-chomsky/) Browse all 916 Bank quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Banks were already seen as greedy and arrogant. 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