--- title: "2 Financial crisis Quotes By Stephen A. Schwarzman" description: "2 Financial crisis quotes by Stephen A. Schwarzman. Plus more from Stephen A. Schwarzman and more Financial crisis sayings from other authors." image: "https://sms4smile.com/quotes/i/e6f/stephen-a-schwarzman-6794_crisis_in-a-financial-crisis-only-the-fed-as-th_436238.jpg" --- > [In a financial crisis, only the Fed, as the lender of last resort, might stand between our economy and financial catastrophe. We must leave the Fed with the flexibility to provide liquidity in order to stop a financial panic.](https://sms4smile.com/quotes/stephen-a-schwarzman/in-a-financial-crisis-only-the-fed-as-the-lender-of-last-resort-might/) [Stephen A. Schwarzman](https://sms4smile.com/quotes/author/stephen-a-schwarzman/) [Image](https://sms4smile.com/quotes/i/e6f/stephen-a-schwarzman-6794_crisis_in-a-financial-crisis-only-the-fed-as-th_436238.jpg) > [Dodd-Frank has disproportionately burdened community banks, despite their having no role in the financial crisis.](https://sms4smile.com/quotes/stephen-a-schwarzman/dodd-frank-has-disproportionately-burdened-community-banks-despite/) [Stephen A. Schwarzman](https://sms4smile.com/quotes/author/stephen-a-schwarzman/) [Image](https://sms4smile.com/quotes/i/777/stephen-a-schwarzman-6794_community_dodd-frank-has-disproportionately-burden_1959380.jpg) ## Other authors on Financial crisis - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b005/author-barack-obama-16275.jpg) Barack Obama 7 quotes ](https://sms4smile.com/quotes/about/financial-crisis/barack-obama/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b005/author-ben-bernanke-16920.jpg) Ben Bernanke 6 quotes ](https://sms4smile.com/quotes/about/financial-crisis/ben-bernanke/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b012/author-janet-yellen-47237.jpg) Janet Yellen 5 quotes ](https://sms4smile.com/quotes/about/financial-crisis/janet-yellen/) ## More by Stephen A. Schwarzman > [It's important that we educate Americans about how hedge funds and private equity play completely different roles.](https://sms4smile.com/quotes/stephen-a-schwarzman/it-s-important-that-we-educate-americans-about-how-hedge-funds-and/) [Stephen A. Schwarzman](https://sms4smile.com/quotes/author/stephen-a-schwarzman/) > [The biggest mistake I've seen people make with their careers is, when they're good, after two or three years - and they happen to…](https://sms4smile.com/quotes/stephen-a-schwarzman/the-biggest-mistake-i-ve-seen-people-make-with-their-careers-is-when/) [Stephen A. Schwarzman](https://sms4smile.com/quotes/author/stephen-a-schwarzman/) > [The best investments are the easiest ones to approve.](https://sms4smile.com/quotes/stephen-a-schwarzman/the-best-investments-are-the-easiest-ones-to-approve/) [Stephen A. Schwarzman](https://sms4smile.com/quotes/author/stephen-a-schwarzman/) > [The language skill in the U.S. for the most part has been awful. Many Americans don't learn any foreign language.](https://sms4smile.com/quotes/stephen-a-schwarzman/the-language-skill-in-the-u-s-for-the-most-part-has-been-awful-many/) [Stephen A. Schwarzman](https://sms4smile.com/quotes/author/stephen-a-schwarzman/) > [Always, always make good on what you say.](https://sms4smile.com/quotes/stephen-a-schwarzman/always-always-make-good-on-what-you-say/) [Stephen A. Schwarzman](https://sms4smile.com/quotes/author/stephen-a-schwarzman/) > [I chose to start Schwarzman Scholars because I saw the potential for the world to become focused and unhappy with China, in large part…](https://sms4smile.com/quotes/stephen-a-schwarzman/i-chose-to-start-schwarzman-scholars-because-i-saw-the-potential-for/) [Stephen A. Schwarzman](https://sms4smile.com/quotes/author/stephen-a-schwarzman/) > [Education around entrepreneurship should start early, at secondary level, and be very robust by college level.](https://sms4smile.com/quotes/stephen-a-schwarzman/education-around-entrepreneurship-should-start-early-at-secondary/) [Stephen A. Schwarzman](https://sms4smile.com/quotes/author/stephen-a-schwarzman/) > [This country, of course, needs fundamental reform of our financial regulatory system, as I, and many other financial institution executives, have publicly advocated for…](https://sms4smile.com/quotes/stephen-a-schwarzman/this-country-of-course-needs-fundamental-reform-of-our-financial/) [Stephen A. Schwarzman](https://sms4smile.com/quotes/author/stephen-a-schwarzman/) > [When I was much younger, I realized that when I was handling something very large, and I was on my own doing that, that…](https://sms4smile.com/quotes/stephen-a-schwarzman/when-i-was-much-younger-i-realized-that-when-i-was-handling-something/) [Stephen A. Schwarzman](https://sms4smile.com/quotes/author/stephen-a-schwarzman/) > [I love things that cost nothing that have great results.](https://sms4smile.com/quotes/stephen-a-schwarzman/i-love-things-that-cost-nothing-that-have-great-results/) [Stephen A. Schwarzman](https://sms4smile.com/quotes/author/stephen-a-schwarzman/) > [In the Catholic schools, they spend much less money than the public schools, and they get amazing results. Private schools spend much more money…](https://sms4smile.com/quotes/stephen-a-schwarzman/in-the-catholic-schools-they-spend-much-less-money-than-the-public/) [Stephen A. Schwarzman](https://sms4smile.com/quotes/author/stephen-a-schwarzman/) > [I can't micromanage what anybody pays or doesn't pay. But the concept that half of the public isn't involved with the income-tax system is…](https://sms4smile.com/quotes/stephen-a-schwarzman/i-can-t-micromanage-what-anybody-pays-or-doesn-t-pay-but-the-concept/) [Stephen A. Schwarzman](https://sms4smile.com/quotes/author/stephen-a-schwarzman/) > [Ironically, when a bunch of very smart people are sitting around a table for hours trying to figure out whether they should do something,…](https://sms4smile.com/quotes/stephen-a-schwarzman/ironically-when-a-bunch-of-very-smart-people-are-sitting-around-a/) [Stephen A. Schwarzman](https://sms4smile.com/quotes/author/stephen-a-schwarzman/) > [Every day should be a good day. People fool themselves that they'll be here forever.](https://sms4smile.com/quotes/stephen-a-schwarzman/every-day-should-be-a-good-day-people-fool-themselves-that-they-ll-be/) [Stephen A. Schwarzman](https://sms4smile.com/quotes/author/stephen-a-schwarzman/) > [In a financial crisis, only the Fed, as the lender of last resort, might stand between our economy and financial catastrophe. We must leave…](https://sms4smile.com/quotes/stephen-a-schwarzman/in-a-financial-crisis-only-the-fed-as-the-lender-of-last-resort-might/) [Stephen A. Schwarzman](https://sms4smile.com/quotes/author/stephen-a-schwarzman/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/financial-crisis/stephen-a-schwarzman/#itemlist", "name": "2 Financial crisis Quotes By Stephen A. Schwarzman", "numberOfItems": 2, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "In a financial crisis, only the Fed, as the lender of last resort, might stand between our economy and financial catastrophe. 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