...our market system depends critically on trust-trust in the word of our colleagues and trust in the word of those with whom we do business.
Alan GreenspanThe very nature of finance is that it cannot be profitable unless it is significantly leveraged... and as long as there is debt, there can be failure and contagion.
Alan GreenspanIf we allow terrorism to undermine our freedom of action, we could reverse at least part of the palpable gains achieved by postwar globalization. It is incumbent upon us not to allow that to happen.
Alan Greenspan