Quotations
Famous Quotations
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Kenneth Posner Quotes
«It is not clear that the issues raised in the Dow Jones report would be material financially,»
Author: Kenneth Posner
«Payment associations have market power because they are owned and controlled by groups of banks. The public MasterCard would have independent directors and a governance system that would make it clear that it would not be attempting to collude in setting an interchange fee.»
Author: Kenneth Posner
«Critics tend to talk about subsidies and look at Fannie and Freddie in isolation, forgetting that banks and thrifts are also subsidized,»
Author: Kenneth Posner
«[By going public and appointing a new board, with independent directors making up a majority, MasterCard may be trying to be viewed as more independent and to steer some potential litigation costs away from its member banks, said Kenneth Posner, an analyst with Morgan Stanley.] Payment associations have market power because they are owned and controlled by groups of banks, ... The public MasterCard would have independent directors and a governance system that would make it clear that it would not be attempting to collude in setting an interchange fee.»
Author: Kenneth Posner
«Critics tend to talk about subsidies and look at Fannie and Freddie in isolation, forgetting that banks and thrifts are also subsidized.»
Author: Kenneth Posner
«The stock appears to be excessively discounting concerns over accounting and political risk and overlooking the recent pick-up in growth in the credit guarantee business.»
Author: Kenneth Posner