Believe Quote by Henry Paulson

From the beginning of time, we've had financial crises. People always blame the banks and for good reason. When you look for the root…

— Henry Paulson

There is a basic lesson on financial crises that governments tend to wait too long, underestimate the risks, want to do too little. And…

— Timothy Geithner

Financial crises require governments.

— Timothy Geithner

The global financial crisis is a great opportunity to showcase and propagate both causal and moral institutional analysis. The crisis shows major flaws in…

— Thomas Pogge

The Mexican debt crisis, Latin American debt crisis, the crises of the 1990s, the Wall Street stock market crash, and other events should have…

— Ben Bernanke

Financial crises are an unfortunate but necessary consequence of modern capitalism.

— Andrew Lo

If there is one common theme to the vast range of crises...it is that excessive debt accumulation, whether it be by the government, banks,…

— Carmen Reinhart

At some point, there will be some other financial crisis. It's in the nature of a capitalist system.

— Lee Hsien Loong

Many politicians and pundits claim that the credit crunch and high mortgage foreclosure rate is an example of market failure and want government to…

— Walter E. Williams

The financial crisis revealed important weaknesses in many areas of our financial system.

— Jerome Powell

A financial panic is a very bad thing, but a government panic can do far greater damage in a far shorter time.

— Tom McClintock

On Wall Street, financial crisis destroys jobs. Here in Washington, it creates them. The rest is just details.

— Timothy Noah