I don't see what the alternative to risk management is. If it's just getting rid of the models and instead using the… — Robert F. Engle Copy Share Image
Well if you've got information about a company, or you believe that a company is undervalued, you can go out and buy… — Robert F. Engle Copy Share Image
I think we're fooling ourselves if we think that regulators are going to be able to outsmart the bankers. So, the task… — Robert F. Engle Copy Share Image
If a lot of people feel like this company is undervalued and go out and buy the stock, the stock price will… — Robert F. Engle Copy Share Image
If you have information that a company is not as good as its stock market valuation, you don't have a way to… — Robert F. Engle Copy Share Image
A lot of ambitious code has been written into the law for those and we will have to see if it actually… — Robert F. Engle Copy Share Image
So what is the role that credit default swaps can play in an economy? Well my feeling is that if these things… — Robert F. Engle Copy Share Image
I mean, we've always had gold bugs, but now we sort of realize that Treasure Bills might be in the same category.… — Robert F. Engle Copy Share Image
If you pay attention to where your exposures are, you might tend up buying credit default swaps against a variety of people… — Robert F. Engle Copy Share Image
You know, some of the portfolios we might consider buying are portfolios which would do especially well if we have an economy-wide,… — Robert F. Engle Copy Share Image
We're talking about should we increase taxes? Why not put a tax on carbon emissions. It would raise a lot of money, it would… — Robert F. Engle Copy Share Image
So what is the role that credit default swaps can play in an economy? Well my feeling is that if these things actually will… — Robert F. Engle Copy Share Image
Well if you've got information about a company, or you believe that a company is undervalued, you can go out and buy their stock… — Robert F. Engle Copy Share Image
I mean, we've always had gold bugs, but now we sort of realize that Treasure Bills might be in the same category. And we… — Robert F. Engle Copy Share Image
I think what we need is better understanding of how to do risk analysis of a CDO, but that they still can perform a… — Robert F. Engle Copy Share Image
Credit default swap gives you something to do. You can buy some credit default swaps from them to protect yourself against the bankruptcy of… — Robert F. Engle Copy Share Image
When large companies take on risk, then they impose risks on the rest of the system. And these are systemic risks and these systemic… — Robert F. Engle Copy Share Image
If a lot of people feel like this company is undervalued and go out and buy the stock, the stock price will go up… — Robert F. Engle Copy Share Image
Risk managers and investment bankers and actually, all kinds of investors took on more risk than they expected. So there was a failure of… — Robert F. Engle Copy Share Image
I don't think the idea of requiring these to be only sold to people who have already own the bonds, in other words, this… — Robert F. Engle Copy Share Image
A lot of ambitious code has been written into the law for those and we will have to see if it actually works, if… — Robert F. Engle Copy Share Image
That is, many times we're not risking our own money, we're risking somebody else's money, or maybe that someone is going to back stop… — Robert F. Engle Copy Share Image
