Because bankers measure their self-worth in money, and pay themselves a lot of it, they think they're fine fellows and don't need to explain themselves.
Central banks don't have divine wisdom. They try to do the best analysis they can and must be prepared to stand or fall by the quality of that analysis.
I hate banks. They do nothing positive for anybody except take care of themselves. They're first in with their fees and first out when there's trouble.
Most people…find a disorientating mismatch between the long-term nature of their liabilities and the increasingly short-term nature of their assets.
No one has a greater asset for his business than a man's pride in his work.