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 GREENSPANThen fear hits, and it comes down very sharply. When I started to look at that.
More Alan Greenspan Quotes
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The guiding purpose of the government regulator is to prevent rather than to create something.
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The need for values is inbred. Their content is not.
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We will have more crises and none of them will look like this because no two crises have anything in common except human nature.
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But rules cannot substitute for character.
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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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Anything that we can do to raise personal savings is very much in the interest of this country.
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Even though some down payments are borrowed, it would take a large, and historically most unusual, fall in home prices to wipe out a significant part of home equity.
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We can see that in the inverse relationship exhibited by price/earnings ratios and the rate of inflation in the past.
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Whatever you tax you get less of.
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[Republicans] swapped principle for power. They ended up with neither. They deserved to lose.
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History has not dealt kindly with the aftermath of protracted periods of low risk premiums.
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Senator, we are groping for understanding, the knowledge you assume I possess doesn’t exist’.
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The recent evidence increasingly suggests that an economic expansion is already well under way, although an array of influences unique to this business cycle seems likely to moderate its speed.
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Remember what we’re looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, can match.
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It seems superfluous to constrain trading in some of the newer derivatives and other innovative financial contracts of the past decade.
ALAN GREENSPAN