Asian Quote by Paul Virilio

There was a time when if you had a financial crisis in Southeast Asia somewhere, it had no impact on our markets. Today it…

— Barack Obama

The roots of the crisis in East Asia were in private sector decisions. The biggest problems were the misallocation of investment, most notably to…

— Joseph Stiglitz

Financial markets are supposed to swing like a pendulum: They may fluctuate wildly in response to exogenous shocks, but eventually they are supposed to…

— George Soros

I had seen the financial crisis unfold, and I had seen the credit derivatives market get operationally ahead of itself, which resulted in systemic…

— Blythe Masters

“...while the IMF certainly failed the people of Asia, it did not fail Wall Street - far from it. The hot money may have…

— Naomi Klein

I think a major cause of present Asian economic difficulties that mainly come from, you know, lack of market economy.

— Anonymous

“...during the Asian financial crisis the United States and other Western countries demanded that the Asians take three steps--let bad banks fail, keep spending…

— Fareed Zakaria

What became clear is there had been a systemic trend across the U.S.... markets had come to be controlled by a very small number…

— Lina Khan

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

This crisis exposed very significant problems in the financial systems of the United States and some other major economies. Innovation got too far out…

— Timothy Geithner

I spent my whole career thinking about risk, markets, infrastructure, and regulation. I had seen the financial crisis unfold, and I had seen the…

— Blythe Masters

I think we will have continuing danger from these markets and that we will have repeats of the financial crisis - [they] may differ…

— Brooksley Born