Areas Quote by Zhang Xi

Citigroup has a lot of money, it spends a lot of money, and it uses that money to grow and consolidate power. And it…

— Elizabeth Warren

There are clearly some policies that need to change, and the reputation of the credit card industry is not high. Reforms need to take…

— Kenneth Chenault

What did Citibank get out of it? It got the ability to reverse the arbitrage. Actually, what they got was the ability to give…

— Bill Janklow

Credit cards have been extremely profitable to banks. They're profitable not from the fees they collect from the retailers that use the credit cards,…

— Richard Thaler

At Travelers, we were much more opportunistic. It was very successful, but it wasn't an integrated financial services company. We had a property casualty…

— Jamie Dimon

The minute a Wall Street firm purchases your debt, your bank no longer has it on its financial statement, which then allows the bank…

— Robert Kiyosaki

My nightmare scenario is that the government saves Citibank once again, as well as the other banks, and business resumes as usual. Then, the…

— Nassim Nicholas Taleb

“Jim Roger, the successful investor and author, puts it well; “Why are 300 million Americans having to pay for Citibank’s mistakes? The way the…

— John Stossel No They can t Pg 32 Threshold Editions New York New York 2012

“Some products have a very high CLTV. For example, credit card customers tend to stay loyal for a very long time and are worth…

— Nir Eyal

Citigroup, Bank of America, and JP Morgan Chase should not be permitted to charge consumers 25- to 30-percent interest on their credit cards, especially…

— Bernie Sanders

Credit reproduces all the fundamental antagonisms of the capitalist world. It accentuates them. It precipitates their development and thus pushes the capitalist world forward…

— Rosa Luxemburg

Nobody had a credit card when I was a kid. No one had credit card debt. But these big companies and banks wanted to…

— Michael Moore