Bridging Finance Quotes

The American Society of Civil Engineers said in 2007 that the U.S. had fallen so far behind in maintaining its public infrastructure -- roads, bridges, schools, dams -- that it would take more than a trillion and half dollars over five years to bring it back up to standard. Instead, these types of expenditures are being cut back. At the same time, public infrastructure around the world is facing unprecedented stress, with hurricanes, cyclones, floods and forest fires all increasing in frequency and intensity. It's easy to imagine a future in which growing numbers of cities have their frail and long-neglected infrastructures knocked out by disasters and then are left to rot, their core services never repaired or rehabilitated. The well-off, meanwhile, will withdraw into gated communities, their needs met by privatized providers.

Bridge loans provide short-term financing until long-term financing is secured. If you’re having trouble getting full financing, try seeking a bridge loan for the time being.

The federal government could make a Rolls Royce affordable for every American, but we would not be a richer country as a result. We would in fact be a much poorer country, because of all the vast resources transferred from other economic activities to subsidize an extravagant luxury. [...] To have politicians arbitrarily change the price tags, so that prices no longer represent the real costs, is to defeat the whole purpose [of an economy: to make trade-offs, with the prices of a market economy representing the costs of producing things]. Reality doesn't change when the government changes price tags. Talk about "bringing down health care costs" is not aimed at the costly legal environment in which medical science operates, or other sources of needless medical costs. It is aimed at price control, which hides costs rather than reducing them. [...] Whether in France during the 1790s, the Soviet Union after the Bolshevik revolution, or in newly independent African nations during the past generation, governments have imposed artificially low prices on food. In each case, this led to artificially low supplies of food and artificially high levels of hunger. People who complain about the "prohibitive" cost of housing, or of going to college, for example, fail to understand that the whole point of costs is to be prohibitive. [...] The idea [that "basic necessities" should be a "right"] certainly sounds nice. But the very fact that we can seriously entertain such a notion, as if we were God on the first day of creation, instead of mortals constrained by the universe we find in place, shows the utter unreality of failing to understand that we can only make choices among alternatives actually available. [...] Trade-offs [as opposed to solutions] remain inescapable, whether they are made through a market or through politics. The difference is that price tags present all the trade-offs simultaneously, while political 'affordability' policies arbitrarily fix on whatever is hot at the moment. That is why cities have been financing all kinds of boondoggles for years, while their bridges rusted and the roadways crumbled.

Banks were once an extremely valuable part of the economy and did a lot of good in advancing civilization. Banks played a pivotal role in financing big projects like roads, bridges, factories, stadiums, etc. Banks were to the economy what the heart is to the human body. But that has ended. Traditional banks have become extra toxic entities in the economy. It’s partially the fault of excessive government regulations that have made everything dysfunctional and it’s partially the fault of greedy bankers putting profits above customers and shareholders above society... But nonetheless, banks today offer very little benefit to their clients. They pay barely anything in interest. They offer barely anything in growth. They move money too slowly. They’re too restrictive. They’re selling the same boring products and services they did a hundred years ago. And they have too much power over peoples accounts. Soon, the many new companies and applications that emerge on the Ethereum infrastructure will eliminate the need for traditional banks and eliminate their value proposition by providing people with superior value. Everything from growth to asset management to lending can be done even better on the Ethereum infrastructure by anyone.

Part of why individuals like Benioff could crow about giving back was because of how comprehensively they had taken to begin with. They had benefited from public goods financed by taxpayers—the schools that educated their employees; the internet, developed by publicly funded research; the roads, the bridges, and the rest of modern infrastructure, which enabled commerce—and then deployed their lobbyists, accountants, and lawyers to master legal forms of tax evasion that starved the system.

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his great confidence and trust in me bridged all the difference in age, wealth, and position.

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Finance is the circulatory system of any country, as well as of the global economy. A smoothly functioning system is central to national growth and prosperity, to international trade, international economic growth and development, and to fewer global crashes than otherwise would take place. But few financial systems can operate in a vacuum; given porous borders, they are always linked to, and influenced by, other national systems. Thus, they are truly borderless. They are therefore the very definition of globalization. The global financial system allows the world to grow faster because it channels savings—excess money—into places where the money is needed, to facilitate trade, for example, or to build roads, ports, bridges, or new companies. Global finance is also precarious because problems in one part of the world can spread like a contagious disease. Mayer Amschel Rothschild was one of the great pioneers of figuring out how to expand the possibilities of global finance and also how to deal with the consequences of the periodic crises that it spawns. The

Chronic Worrying. You constantly worry about your family, health, career, or finances. Your stomach churns, and it seems as if something bad is about to happen, but you can’t figure out exactly what the problem is. • Fears and Phobias. You may be afraid of needles, blood, heights, elevators, driving, flying, water, spiders, snakes, dogs, storms, bridges, or getting trapped in closed spaces. • Performance Anxiety. You freeze up whenever you have to take a test, perform in front of other people, or compete in an athletic event.

The talks collapsed when Yanis Varoufakis, the Greek finance minister, objected to a draft statement according to which Athens would drop its fierce opposition to prolonging its bailout. The draft, obtained by the Financial Times, said Greece would agree to a six-month “technical extension”. “This would bridge the time for Greece authorities and the eurogroup to work on a follow-up arrangement,” reads the statement.

Engineers can determine the cause of a bridge collapse because there’s agreement that if a certain amount of force is applied to a certain area, that area will break. Physics isn’t controversial. It’s guided by laws. Finance is different. It’s guided by people’s behaviors. And how I behave might make sense to me but look crazy to you.

Glacier Wealth Management’s vision has been to build full-service wealth management, estate planning, and insurance advising firm. We recognize clients’ goals and needs are specifically unique to their individual situations. We manage finances through a comprehensive approach integrating investment advice, tax, and cost analysis strategies. We bridge the gap between financial advisors, accountants, attorneys, and insurance agents when structuring personal and business finances.

In the toolbox of sustainable financing, models and mechanisms are the instruments that build bridges from investment to impact.

Finance is not a hard science like physics or engineering; rather, it’s a social science. The difference is this: a bridge, electrical circuit, or aircraft will always respond in exactly the same way to a given set of circumstances, while the financial markets do not,

I came to this country with a bag and no phone to call home. I had a choice to live at the top of the Empire State Building or under the Brooklyn Bridge.

The plan was majestic. It contemplated two huge new dams on the Colorado River in Marble Gorge and Bridge Canyon, at opposite ends of Grand Canyon National Park. Both had been carefully situated so as not to flood the park itself—except for what the Bureau called “minor” flooding that would drown lower Havasu Creek, the canyon’s most beautiful side stream, and submerge Lava Falls, the river’s most thunderous rapid. But the park would sit inside a dam sandwich: Bridge Canyon Dam would back up water for ninety-three miles below it, entirely flooding the bottom of Grand Canyon National Monument, and Marble Gorge Dam would create a reservoir more than forty miles long right above it. The dams had one purpose—hydroelectric power—and a single objective: lots and lots of cash. They would not conserve any water, because there was none left to conserve; in some years, they would cause a net loss to the river through evaporation. They were there only to take advantage of the thousand feet of elevation loss between Glen Canyon and Hoover dams. Together, they would generate 2.1 million kilowatts of peaking power, marketable at premium rates. Later, the power revenues would finance an artificial river of rescue; for now it would pay for the other features of the plan. One of those features—actually, it was the centerpiece of the plan—was a pair of big dams on the Trinity River, in far-northern California, and a long hard-rock tunnel that would turn their water into the Sacramento River, where it would begin its journey to Los Angeles.

My take is that smart financiers wait until aha before they climb aboard the bandwagon. Entrepreneurs need to bridge the capital gap from idea to aha with expertise, not capital or sophisticated market research.

Because private equity firms and hedge funds valued and treated Goldman differently than did traditional corporate clients, Goldman’s approach to clients began to change. The private equity firms valued any investment bank that could get them the inside track on deals and could provide the best financing terms (including guaranteed or bridge financing, which puts the investment bank at risk if it can’t sell or distribute the loan to other lenders or investors). Many of the private equity firms felt they already had people (many of them former bankers) who were smarter and more skilled than those in the banks in the kinds of deals the firms were doing. In an interview, one private equity client described most investment bankers who maintained a relationship with his firm as “order takers.

But he had to take this call. Deepak Parekh was an old friend. He was more than an old friend. He was the chairman of Housing Development Finance Corporation Ltd (HDFC), India's lone mortgage company founded by his uncle Hasmukh Thakordas Parekh, a veteran banker. Aditya had known Deepak since his days as a management trainee with automaker Mahindra & Mahindra Ltd, his first job after graduation. Aditya's buddy Bharat Shah, later a colleague at Citibank, was Deepak's cousin. Bharat had a group of close friends with a common passion, bridge. These included investment banker Hemendra Kothari, builder Dilip Thakker, Aditya, Deepak and a few others, all power houses who would meet for dinner every fortnight and often go over to each other's homes. 'As a young kid, Aditya used to fix our drinks and stand behind the bar,' Deepak told me.

Product managers are the connection between customers and the engineers who build the product. You are a bridge between what customers say and what the organization actually builds. You sit at the epicenter of everyone in your organization who builds, markets, sells, and supports your product. You explain what engineering is building to the people in sales and support. You interact with legal. You interact with finance. You are the ambassador for your products inside and outside the company. You are everything.

Father, in the name of Jesus, I thank You for who You are and for all that You have done in my life. Lord, I know that You are the God of more than enough, and because of You, I have everything that I need. Father, it is Your sovereign will that I flourish in every area of my life—including my finances. I declare that wealth and riches are in my house, according to Psalm 112:3. I declare that I am a kingdom financer and that You cause whatever I touch to prosper in the name of Jesus. I declare that I am a storehouse for the poor, fatherless, and widow. I declare that I am an end-time ambassador for the ​kingdom of God. I declare that heaven partners with me to distribute spiritual and physical resources to those in need. Thank You, Father, for Your supernatural favor and abundance that flows freely in and through my life for Your glory. In the mighty name of Jesus, I pray. Amen!

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