I personally believe that there's going to be a good case for the government preserving some type of guarantee to make sure that people have the ability to borrow to finance a house even in a very damaging recession. I…

Quote by William E Geist

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Never before in modern times has so much of the world been simultaneously hit by...

Never before in modern times has so much of the world been simultaneously hit by...

And I think it's a prudent, responsible way, given the scale of the emergency, the...

And I think it's a prudent, responsible way, given the scale of the emergency, the...

Some think that by preparing to deal with crises you make them more likely. I...

Some think that by preparing to deal with crises you make them more likely. I...

But what we're determined to do, and what the reforms will do is to make...

But what we're determined to do, and what the reforms will do is to make...

Monetary policy itself cannot sensibly be directed at reducing imbalances.

Monetary policy itself cannot sensibly be directed at reducing imbalances.

Although this crisis in some ways started in the United States, it is a global...

Although this crisis in some ways started in the United States, it is a global...

Scrooge pushed past Mary number 1 and Joseph number 2 in the wings without so...

Scrooge pushed past Mary number 1 and Joseph number 2 in the wings without so...

Grown men have been seen fleeing after reading the menu posted outside.

Grown men have been seen fleeing after reading the menu posted outside.

It is very important for people to understand that the United States of America and...

It is very important for people to understand that the United States of America and...

Pressed caviar has the consistency of chilled tar.

Pressed caviar has the consistency of chilled tar.

In the financial system we have today, with less risk concentrated in banks, the probability...

In the financial system we have today, with less risk concentrated in banks, the probability...

New York is a city of conversations overheard, of people at the next restaurant table...

New York is a city of conversations overheard, of people at the next restaurant table...

Most consequential choices involve shades of gray, and some fog is often useful in getting...

Most consequential choices involve shades of gray, and some fog is often useful in getting...

Drawn by warm nostalgic feelings for the place and by two sweet little words: Open...

Drawn by warm nostalgic feelings for the place and by two sweet little words: Open...

As financial markets continue to broaden and deepen, the behavior of asset prices will play...

As financial markets continue to broaden and deepen, the behavior of asset prices will play...

I think we're not going to preserve Fannie and Freddie in anything like their current...

I think we're not going to preserve Fannie and Freddie in anything like their current...

Kristin Brown looks as though she could have been mailed first-class to New York for...

Kristin Brown looks as though she could have been mailed first-class to New York for...

Looking past the immediate crisis, a more resilient system must be built on stronger and...

Looking past the immediate crisis, a more resilient system must be built on stronger and...

Financial crises require governments.

Financial crises require governments.