Quote by Dan Quayle

Bank failures are caused by depositors who don't deposit enough money to cover losses due to mismanagement.

Bank failures are caused by depositors who don't deposit eno

Summary

This quote suggests that bank failures occur when depositors fail to provide sufficient funds to compensate for any losses caused by mismanagement within the bank. In other words, if depositors do not contribute enough money, it becomes difficult for banks to recover from poor decision-making or risky financial practices. This explanation implies that depositors play a crucial role in ensuring the stability and functioning of banks by adequately funding their accounts, thus safeguarding against potential failures caused by mismanagement.

Topics

Liked the quote? Share it with your friends.

Random Quotations

The worst men often give the best advice.

The worst men often give the best advice.

Sure, my childhood was unusual. All these eccentric, wild pe

Sure, my childhood was unusual. All these eccentric, wild people frequented our home: rock stars, drag queens, models, bikers, freaks. But I was not this little rich girl. My mom and I lived in an apartment.

Every addition to true knowledge is an addition to human pow

Every addition to true knowledge is an addition to human power.

Now begins to rise in me the familiar rhythm; words that hav

Now begins to rise in me the familiar rhythm; words that have lain dormant now lift, now toss their crests, and fall and rise, and falls again. I am a poet, yes. Surely I am a great poet.

Poetry Words Poet

Ah, how skilful grows the hand That obeyeth Love's command!

Ah, how skilful grows the hand That obeyeth Love's command! It is the heart, and not the brain, That to the highest doth attain, And he who followeth Love's behest Far excelleth all the rest!published in The Seaside and the Fireside

Henry Wadsworth Longfellow, from

Some thoughts always find us young, and keep us so. Such a t

Some thoughts always find us young, and keep us so. Such a thought is the love of the universal and eternal beauty.

Ralph Waldo Emerson

The Right Honourable Gentleman is indebted to his memory for

The Right Honourable Gentleman is indebted to his memory for his jests, and to his imagination for his facts.

Richard Brinsley Sheridan

Basketball is my passion, I love it. But my family and frien

Basketball is my passion, I love it. But my family and friends mean everything to me. That's what's important. I need my phone so I can keep in contact with them at all times.

What we ought to see in the agonies of puberty is the result

What we ought to see in the agonies of puberty is the result of the conditioning that maims the female personality in creating the feminine.

Children seldom have a proper sense of their own tragedy, di

Children seldom have a proper sense of their own tragedy, discounting and keeping hidden the true horrors of their short lives, humbly imagining real calamity to be some prestigious drama of the grown-up world.

Shirley Hazzard

A mathematical problem should be difficult in order to entic

A mathematical problem should be difficult in order to entice us, yet not completely inaccessible, lest it mock at our efforts. It should be to us a guide post on the mazy paths to hidden truths, and ultimately a reminder of our pleasure in the successful solution.

Truth Order Effort

Merit is much more cheaply acknowledged than rewarded

Merit is much more cheaply acknowledged than rewarded