--- title: "Meaning & Key Takeaway of: When this crisis began, crucial decisions…" description: "\"When this crisis began, crucial decisions about what would happen to some of the world's biggest companies - companies employing tens of thousands of p..." image: "https://sms4smile.com/quotes/i/85b/barack-obama-17_allowing_when-this-crisis-began-crucial-decisions_1082035.jpg" --- # When this crisis began, crucial decisions about what would… ![“When this crisis began, crucial decisions about what would happen to some of the world's biggest companies - companies employing tens of thousands of people and holding trillions of dollars in assets - took place in hurried discussions in the middle of the night. We should not be forced to choose…” quote by Barack Obama](https://sms4smile.com/quotes/i/85b/barack-obama-17_allowing_when-this-crisis-began-crucial-decisions_1082035.jpg) [Download](https://sms4smile.com/quotes/i/85b/barack-obama-17_allowing_when-this-crisis-began-crucial-decisions_1082035.jpg) [Open image](https://sms4smile.com/quotes/i/85b/barack-obama-17_allowing_when-this-crisis-began-crucial-decisions_1082035.jpg) > “When this crisis began, crucial decisions about what would happen to some of the world's biggest companies - companies employing tens of thousands of people and holding trillions of dollars in assets - took place in hurried discussions in the middle of the night. We should not be forced to choose between allowing a company to fall into a rapid and chaotic dissolution or forcing taxpayers to foot the bill.” [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. During crises, rapid decisions must balance preventing chaotic collapse with avoiding taxpayer burdens. **In simple terms:** Make swift, balanced choices in crises. Key Takeaway Weigh collapse risk against public cost. Themes crisis management economics public policy Mood cautious urgent Type political analytical When to use this quote - government bailouts - corporate emergencies - financial regulation - public debate Key Concepts risk assessment fiscal responsibility Questions to Reflect On - What safeguards ensure decisions are both swift and sound? - How can transparency be maintained under pressure? A Different Perspective Speed may sacrifice thorough analysis. ★ ★ ★ ★ ★ No ratings yet [Company](https://sms4smile.com/quotes/about/company/) [Crisis](https://sms4smile.com/quotes/about/crisis/) [Customer](https://sms4smile.com/quotes/about/customer/) [Decision](https://sms4smile.com/quotes/about/decision/) [Dissolution](https://sms4smile.com/quotes/about/dissolution/) [Dollars](https://sms4smile.com/quotes/about/dollars/) [Meetings](https://sms4smile.com/quotes/about/meetings/) [Middle of the night](https://sms4smile.com/quotes/about/middle-of-the-night/) [Night](https://sms4smile.com/quotes/about/night/) [People](https://sms4smile.com/quotes/about/people/) [Support](https://sms4smile.com/quotes/about/support/) [Taxpayers](https://sms4smile.com/quotes/about/taxpayers/) [World](https://sms4smile.com/quotes/about/world/) ## Related quotes > [Have more confidence in yourself than allowing your decisions to happen just by chance.](https://sms4smile.com/quotes/l-tom-perry/have-more-confidence-in-yourself-than-allowing-your-decisions-to/) [L. Tom Perry](https://sms4smile.com/quotes/author/l-tom-perry/) > [One mark of a good officer, he remembered, was the ability to make quick decisions. If they happen to be right, so much the…](https://sms4smile.com/quotes/larry-niven/one-mark-of-a-good-officer-he-remembered-was-the-ability-to-make/) [Larry Niven](https://sms4smile.com/quotes/author/larry-niven/) > [“Don't take crucial decisions when you are depressed or filled with anger, because then the decision is not made by you.”](https://sms4smile.com/quotes/saga-valsalan/don-t-take-crucial-decisions-when-you-are-depressed-or-filled-with/) [Saga Valsalan](https://sms4smile.com/quotes/author/saga-valsalan/) > [“Crucial decisions in business are taken as much for emotional reasons as for logical ones, perhaps even more so. The tabulators inspired a level…](https://sms4smile.com/quotes/james-essinger/crucial-decisions-in-business-are-taken-as-much-for-emotional-reasons/) [James Essinger](https://sms4smile.com/quotes/author/james-essinger/) > [The financial crisis that began in the summer of 2007 was an extraordinarily complex event with multiple causes.](https://sms4smile.com/quotes/ben-bernanke/the-financial-crisis-that-began-in-the-summer-of-2007-was-an/) [Ben Bernanke](https://sms4smile.com/quotes/author/ben-bernanke/) > [ We warned when the crisis began in 2011 that unless it was resolved quickly, the country \[Syria\] would be destroyed. Unfortunately, our warnings are… ](https://sms4smile.com/quotes/adel-al-jubeir/we-warned-when-the-crisis-began-in-2011-that-unless-it-was-resolved/) [Adel al-Jubeir](https://sms4smile.com/quotes/author/adel-al-jubeir/) > [“The World’s Columbian Exposition opened on May 1; on May 9, a banking crisis began, which led to a national economic depression that became…](https://sms4smile.com/quotes/vladimir-alexandrov/the-world-s-columbian-exposition-opened-on-may-1-on-may-9-a-banking/) Vladimir Alexandrov > [“Crucial decisions are made, today as thousands of years ago, in terms of the intuitive guesses and preferences of a few men in positions…](https://sms4smile.com/quotes/michael-lewis/crucial-decisions-are-made-today-as-thousands-of-years-ago-in-terms/) [Michael Lewis](https://sms4smile.com/quotes/author/michael-lewis/) > [Hillary Clinton was personally presiding over the dissolution of moral authority - particularly applied to presidents - because she looked the other way, because…](https://sms4smile.com/quotes/rush-limbaugh/hillary-clinton-was-personally-presiding-over-the-dissolution-of/) [Rush Limbaugh](https://sms4smile.com/quotes/author/rush-limbaugh/) > [Even papists could not see that a moral evil was detained in the soul through its physical connection with the body; and that it…](https://sms4smile.com/quotes/adam-clarke/even-papists-could-not-see-that-a-moral-evil-was-detained-in-the-soul/) [Adam Clarke](https://sms4smile.com/quotes/author/adam-clarke/) > [Many spiritual seekers who say their wish is to awaken don't actually want what they believe they do. This becomes clear sometimes at the…](https://sms4smile.com/quotes/jan-frazier/many-spiritual-seekers-who-say-their-wish-is-to-awaken-don-t-actually/) [Jan Frazier](https://sms4smile.com/quotes/author/jan-frazier/) > [I believe that the dissolution of a marriage comes about by the breaking down of self-esteem.](https://sms4smile.com/quotes/dixie-carter/i-believe-that-the-dissolution-of-a-marriage-comes-about-by-the/) [Dixie Carter](https://sms4smile.com/quotes/author/dixie-carter/) > [Progress has not followed a straight ascending line, but a spiral with rhythms of progress and retrogression, of evolution and dissolution.](https://sms4smile.com/quotes/johann-wolfgang-von-goethe/progress-has-not-followed-a-straight-ascending-line-but-a-spiral-with/) [Johann Wolfgang von Goethe](https://sms4smile.com/quotes/author/johann-wolfgang-von-goethe/) > [Misery makes you special. Misery makes you more egoistic. A miserable man can have a more concentrated ego than a happy man. A happy…](https://sms4smile.com/quotes/rajneesh/misery-makes-you-special-misery-makes-you-more-egoistic-a-miserable/) [Rajneesh](https://sms4smile.com/quotes/author/rajneesh/) > [He sees such a desperate rapaciousness prevail; such a disregard to equity, such contempt of order, such stupid blindness to future consequences, as must…](https://sms4smile.com/quotes/david-hume/he-sees-such-a-desperate-rapaciousness-prevail-such-a-disregard-to/) [David Hume](https://sms4smile.com/quotes/author/david-hume/) ## More by Barack Obama > [So here's what I want you to know, and here's what I want all our men and women in uniform to know: Because of…](https://sms4smile.com/quotes/barack-obama/so-here-s-what-i-want-you-to-know-and-here-s-what-i-want-all-our-men/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [The peaceful transition of power is one of the hallmarks of our democracy.](https://sms4smile.com/quotes/barack-obama/the-peaceful-transition-of-power-is-one-of-the-hallmarks-of-our/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [As opposed to getting into arguments about, well, these folks have been treated fairly so now we're going to be doing things that, very…](https://sms4smile.com/quotes/barack-obama/as-opposed-to-getting-into-arguments-about-well-these-folks-have-been/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [Donald Trump is temperamentally unfit.](https://sms4smile.com/quotes/barack-obama/donald-trump-is-temperamentally-unfit/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [What we've said to the girls is: 'If you guys ever decide that you're going to get a tattoo, then mommy and me will…](https://sms4smile.com/quotes/barack-obama/what-we-ve-said-to-the-girls-is-if-you-guys-ever-decide-that-you-re/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [Nobody is listening to your telephone calls.](https://sms4smile.com/quotes/barack-obama/nobody-is-listening-to-your-telephone-calls/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [All of us take offense to anyone who reaps the rewards of living in America without taking on the responsibilities of living in America.…](https://sms4smile.com/quotes/barack-obama/all-of-us-take-offense-to-anyone-who-reaps-the-rewards-of-living-in/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [The world is complicated and full of grays, but there's still truth there to be found.](https://sms4smile.com/quotes/barack-obama/the-world-is-complicated-and-full-of-grays-but-there-s-still-truth/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [ That is another theme in the book \[Dreams from My Father\]. How do we exercise more empathy in our public discourse? How do we… ](https://sms4smile.com/quotes/barack-obama/that-is-another-theme-in-the-book-dreams-from-my-father-how-do-we/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [I can say across Europe that many principles that have been taken for granted here around free speech, and around civil liberties and an…](https://sms4smile.com/quotes/barack-obama/i-can-say-across-europe-that-many-principles-that-have-been-taken-for/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [So Americans understand the costs of war. Yet as a country, we will never tolerate our security being threatened, nor stand idly by when…](https://sms4smile.com/quotes/barack-obama/so-americans-understand-the-costs-of-war-yet-as-a-country-we-will/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [I want to thank the Greek people publicly for their humanitarian response to the crisis of so many migrants and refugees seeking safety in…](https://sms4smile.com/quotes/barack-obama/i-want-to-thank-the-greek-people-publicly-for-their-humanitarian/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [We had a farewell dinner for some of my senior staff, and generally everybody likes to talk about how cool I was.](https://sms4smile.com/quotes/barack-obama/we-had-a-farewell-dinner-for-some-of-my-senior-staff-and-generally/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [ It's good to get fresh legs in \[the White house\]. I think that it refreshes our democracy. ](https://sms4smile.com/quotes/barack-obama/it-s-good-to-get-fresh-legs-in-the-white-house-i-think-that-it/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [Believe it or not, entertainment is part of our American diplomacy, it is part of what makes us exceptional, part of what makes us…](https://sms4smile.com/quotes/barack-obama/believe-it-or-not-entertainment-is-part-of-our-american-diplomacy-it/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) [Explore all 3,624 Barack Obama quotes ](https://sms4smile.com/quotes/author/barack-obama/) ## More Allowing quotes > [New generations of humans inherit the acquired discoveries of generations past, allowing cosmic insight to accumulate without limit. Each discovery of science therefore adds…](https://sms4smile.com/quotes/neil-degrasse-tyson/new-generations-of-humans-inherit-the-acquired-discoveries-of/) [Neil deGrasse Tyson](https://sms4smile.com/quotes/author/neil-degrasse-tyson/) > [Is the minor convenience of allowing the present generation the luxury of doubling its energy consumption every 10 years worth the major hazard of…](https://sms4smile.com/quotes/david-r-brower/is-the-minor-convenience-of-allowing-the-present-generation-the/) [David R. Brower](https://sms4smile.com/quotes/author/david-r-brower/) > [When you are not honoring the present moment by allowing it to be, you are creating drama.](https://sms4smile.com/quotes/eckhart-tolle/when-you-are-not-honoring-the-present-moment-by-allowing-it-to-be-you/) [Eckhart Tolle](https://sms4smile.com/quotes/author/eckhart-tolle/) > [“Once again I was shamelessly allowing myself to be defined by another person.”](https://sms4smile.com/quotes/ginny-babcock-kinflicks/once-again-i-was-shamelessly-allowing-myself-to-be-defined-by-another/) Ginny Babcock Kinflicks > [Even when I was saying I was Agnostic and trying to figure out my thoughts, I felt God was allowing me to do that.](https://sms4smile.com/quotes/alfre-woodard/even-when-i-was-saying-i-was-agnostic-and-trying-to-figure-out-my/) [Alfre Woodard](https://sms4smile.com/quotes/author/alfre-woodard/) > [By allowing multiple partners to contribute, an open platform can nurture an entire ecosystem of developers and apps. Good products integrate and become great…](https://sms4smile.com/quotes/ryan-holmes/by-allowing-multiple-partners-to-contribute-an-open-platform-can/) [Ryan Holmes](https://sms4smile.com/quotes/author/ryan-holmes/) > [When you ask for patience, what you get is a line at the bank. In other words, life gives you the people, places, and…](https://sms4smile.com/quotes/tracy-mcmillan/when-you-ask-for-patience-what-you-get-is-a-line-at-the-bank-in-other/) [Tracy McMillan](https://sms4smile.com/quotes/author/tracy-mcmillan/) > [Sometimes, I get afraid it has defined me, that sense of grief, loss and illness. But actually, it is about allowing myself to take…](https://sms4smile.com/quotes/anonymous/sometimes-i-get-afraid-it-has-defined-me-that-sense-of-grief-loss-and/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Meditation is actually a very simple exercise in resting in the natural state of your present mind, and allowing yourself to be simply and…](https://sms4smile.com/quotes/yongey-mingyur-rinpoche/meditation-is-actually-a-very-simple-exercise-in-resting-in-the/) [Yongey Mingyur Rinpoche](https://sms4smile.com/quotes/author/yongey-mingyur-rinpoche/) > [When you're still, and some actors are really brilliant at that, you bring a kind of energy to you as opposed to sending the…](https://sms4smile.com/quotes/gabriel-byrne/when-you-re-still-and-some-actors-are-really-brilliant-at-that-you/) [Gabriel Byrne](https://sms4smile.com/quotes/author/gabriel-byrne/) > [The only reason I would write a break-up song is because my own problem of allowing myself to relate to people.](https://sms4smile.com/quotes/zola-jesus/the-only-reason-i-would-write-a-break-up-song-is-because-my-own/) [Zola Jesus](https://sms4smile.com/quotes/author/zola-jesus/) > [I just think fashion is about enjoying yourself and being comfortable in your skin and allowing you to be you - all the way…](https://sms4smile.com/quotes/jill-scott/i-just-think-fashion-is-about-enjoying-yourself-and-being-comfortable/) [Jill Scott](https://sms4smile.com/quotes/author/jill-scott/) > [I don't think there's any harm at all in allowing a kid to fantasize. 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I think it is a travesty that we've got men - and…](https://sms4smile.com/quotes/barack-obama/i-want-to-deal-with-the-homeless-situation-here-in-washington-d-c-i/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) Browse all 916 Allowing quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "When this crisis began, crucial decisions about what would happen to some of the world's biggest companies - companies employing tens of thousands of people and holding trillions of dollars in assets - took place in hurried discussions in the middle of the night. 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