Systemic Risk Quotes
- The securitisation of mortgages added a new dimension of systemic risk. Financial engineers claimed they were reducing risks through geographic diversification: in fact they were… — George Soros
- The Obama administration's plan is to have the Federal Reserve regulate banks that might pose a 'systemic risk' if they were to fail. — Thomas Frank
- A single agency responsible for systemic risk would be accountable in a way that no regulator was in the run-up to the 2008 crisis. With… — Henry Paulson
- My preference is for the Federal Reserve to be the systemic risk regulator, because the responsibility for identifying and limiting potential problems is a natural… — Henry Paulson