We need, in effect, to make the phantom 'lock-boxes' around the trust fund real.

It has been my experience that competency in mathematics, both in numerical manipulations and in understanding its conceptual foundations, enhances a person's ability to handle the more ambiguous and qualitative relationships that dominate our day-to-day financial decision-making

...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.

The current financial crisis in the US is likely to be judged in retrospect as the most wrenching since the end of the Second World War.

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

I've been in and out of Wall Street since 1949, and I've never seen the type of animosity between government and Wall Street. And I'm not sure where it comes from, but I suspect it's got to do with a general schism in this society which is really becoming ever more destructive.

Greenspan, who knew so much more than most, knew far less than most supposed.