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Jeremy C. Stein

Jeremy C. Stein quotes

last updated: November 28, 2023

“Perhaps more to the point for TBTF (Too Big To Fail bank), if a SIFI (Systemically Important Financial Institution) does fail I have little doubt that private investors will in fact bear the losses-even if this leads to an outcome that is messier and more costly to society than we would ideally like. Dodd-Frank is very clear in saying that the Federal Reserve and other regulators cannot use their emergency authorities to bail out an individual failing institution”
-- Jeremy C. Stein

#Loss Quotes #Political Quotes #Doubt Quotes

“In the light of what Proust wrote with so mild a stimulus, it is the world's loss that he did not have a heartier appetite. On a dozen Gardiner's Island oysters, a bowl of clam chowder, a peck of steamers, some bay scallops, three sauteed soft-shelled crabs, a few ears of fresh picked corn, a thin swordfish steak of generous area, a pair of lobsters, and a Long Island Duck, he might have written a masterpiece.”
“Within a bony labrinthean cave, Reached by the pulse of the aerial wave, This sibyl, sweet, and Mystic Sense is found, Muse, that presides o'er all the Powers of Sound.”
“If we have no friends, we have no pleasure; and if we have them, we are sure to lose them, and be doubly pained by the loss.”
“Understand that legal and illegal are political, and often arbitrary, categorizations; use and abuse are medical, or clinical, distinctions.”
“Random political acts produce random political results. Why waste even a rock?”
“Peace is not so much a political mandate as it is a shared state of consciousness that remains elevated and intact only to the degree that those who value it volunteer their existence as living examples of the same... Peace ends with the unraveling of individual hope and the emergence of the will to worship violence as a healer of private and social dis-ease.”
“Calvinism is an all-embracing system of principles... It is rooted in a form of religion which was peculiarly its own, and form that specific religious consciousness there was developed first a particular theology, then a special church-order, and then a given form for political and social life.”
“It's okay to doubt yourself, it's okay to feel down; just never give up.”
“Our intention to regard the closing of the Straits as a casus belli was communicated...to the foreign ministers of those states which had supported international navigation in the Straits in 1957 and thereafter. There can be no doubt that these warnings reached Cairo. One thing was now clear. If Nasser imposed a blockade, the explosion would ensue not from 'miscalculation', but from an open-eyed and conscious readiness for war.”
“Let us not doubt that God has a father's pity towards us, and that in the removal of that which is dearest to us He is still loving and kind. Death separates, but it also unites. It reunites whom it separates.”

Source : Abraham Coles (1892). “Abraham Coles: Biographical Sketch, Memorial Tributes, Selections from His Works, (some Hitherto Unpublished.)”

Jeremy C. Stein quotes

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