If I say something which you understand fully in this regard, I probably made a mistake.

The guiding purpose of the government regulator is to prevent rather than to create something.

Well, you probably will always believe there should be laws against fraud, and I don't think there is any need for a law against fraud.

I believe that the general growth in large [financial] institutions have occurred in the context of an underlying structure of markets in which many of the larger risks are dramatically -- I should say, fully -- hedged.

Revolutions are something you see only in retrospect.

Anything that we can do to raise personal savings is very much in the interest of this country.

And whatever their publicized angst over Saddam Hussein's 'weapons of mass destruction,' American and British authorities were also concerned about violence in an area that harbors a resource indispensable for the functioning of the word economy. I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.