Senator, if I seem clear to you, you must have misunderstood me’.
ALAN GREENSPANThe need for values is inbred. Their content is not.
More Alan Greenspan Quotes
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The true measure of a career is to be able to be content, even proud, that you succeeded through your own endeavors without leaving a trail of casualties in your wake.
ALAN GREENSPAN -
The probability of ten consecutive heads is 0.1 percent; thus, when you have millions of coin tossers, or investors, in the end there will be thousands of very successful practitioners of coin tossing, or stock picking.
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The use of a growing array of derivatives and the related application of more-sophisticated approaches to measuring and managing risk are key factors underpinning the greater resilience of our largest financial institutions…
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Credit-default swaps, I think, have serious problems associated with them.
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When trust is lost, a nation’s ability to transact business is palpably undermined.
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Rules cannot take the place of character.
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Those of us who have looked to the self-interest of lending institutions to protect shareholders’ equity are in a state of shocked disbelief.
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Greenspan, who knew so much more than most, knew far less than most supposed.
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The companies could hire the educated workers they need. And those workers would compete with high-income people, driving more income equality.
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I guess I should warn you, if I turn out to be particularly clear, you’ve probably misunderstood what I’ve said.
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History cannot be reduced to a set of statistics and probabilities.
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There are no easy choices. Easy choices are long gone.
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[Republicans] swapped principle for power. They ended up with neither. They deserved to lose.
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Recent episodes in which Fed officials hinted at a shift toward higher interest rates have unleashed significant volatility in markets.
ALAN GREENSPAN -
I love facts and figures. It’s like following a detective story, piecing together what’s going on in the economy.
ALAN GREENSPAN