Robert F. Engle

We're talking about should we increase taxes? Why not put a tax on carbon emissions. It would raise a lot of money,…

— Robert F. Engle

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

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

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

I think what we need is better understanding of how to do risk analysis of a CDO, but that they still can…

— Robert F. Engle

Credit default swap gives you something to do. You can buy some credit default swaps from them to protect yourself against the…

— Robert F. Engle

When large companies take on risk, then they impose risks on the rest of the system. And these are systemic risks and…

— Robert F. Engle

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

Risk managers and investment bankers and actually, all kinds of investors took on more risk than they expected. So there was a…

— Robert F. Engle

I don't think the idea of requiring these to be only sold to people who have already own the bonds, in other…

— Robert F. Engle

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

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…

— Robert F. Engle

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

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

I agree with a lot of the points in Taleb's book, but I don't agree with many of his conclusions. It seems…

— Robert F. Engle

The collateralized debt obligation, the CDO, is a structure which allows you to more or less continuously choose how much risk you…

— Robert F. Engle

I'd like to see a little more action on the energy side of things. I've been pushing for some kind of a…

— Robert F. Engle

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

I think global coordination is tremendously important. I hope we can see this happening through the G20 and through coordination of regulatory…

— Robert F. Engle

I think the credit default swaps can take the place of the rating agencies who really have missed the ball in this…

— Robert F. Engle

There are a lot of ways that investment banking models work, but these risks are not internalized by the people that are…

— Robert F. Engle

Allowing short selling is allowing people to sell - instead of having to buy the stock and then sell it, which doesn't…

— Robert F. Engle

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

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

I think that's something that investment banks have worried about for a long time and are continuing to worry about, but it's…

— Robert F. Engle