We may be in a rapidly evolving international financial system with all the bells and whistles of the … - Alan Greenspan

Same topic Authors

Quote of the day

Facts quite often, I fear to confess, like lawyers, put me to sleep at noon. Not theories, however. Theories are invigorating and tonic. Give me an ounce of fact and I will produce you a ton of theory by tea this afternoon. That is, after all, my job.

Alan Greenspan

We may be in a rapidly evolving international financial system with all the bells and whistles of the so-called new economy. But the old-economy rules of prudence are as formidable as ever. We violate them at our own peril.

Bells, Financial, May, Rapidly, Rules

Same Author Quotes

But rules cannot substitute for character.

Character, Rules, Substitute, Substitutes

I don't know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we've been talking about today or anything anybody else was talking about.

Economy, Know, Stock, Talking, Today

Regulators have not been able to achieve the level of future clarity required to act pre-emptively. The problem is not lack of regulation but unrealistic expectations. What we confront in reality is uncertainty, some of it frighteningly so. . .

Expectations, Ignorance, Lack, Reality, Regulators, Required

Credit-default swaps, I think, have serious problems associated with them.

Associated, Credit, Serious, Swaps, Think, Thinking

I'm always amazed that my wife can handle different subjects - one day politics, the next day foreign policy. And she always has so much fun doing it. We make a good team.

Fun, Next Day, Policy, Politics, Team, Wife