Looking past the immediate crisis, a more resilient system must be built on stronger and better designed shock absorbers, both in the major institutions and in the infrastructure of the financial system.

Quote by William E Geist

Topics: William E Geist Quotes

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...

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...

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...

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...

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...

Financial crises require governments.

Financial crises require governments.

I personally believe that there's going to be a good case for the government preserving...

I personally believe that there's going to be a good case for the government preserving...

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...

Pressed caviar has the consistency of chilled tar.

Pressed caviar has the consistency of chilled tar.

Monetary policy itself cannot sensibly be directed at reducing imbalances.

Monetary policy itself cannot sensibly be directed at reducing imbalances.

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...

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...

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...

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...

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...

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...

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...

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...

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

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