Indeed, in general, healthy investment returns cannot be sustained in a weak economy, and of course it is difficult to save for retirement or other goals without the income from a job.

The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis.

I and others were mistaken early on in saying that the subprime crisis would be contained. The causal relationship between the housing problem and the broad financial system was very complex and difficult to predict.

Not all information is beneficial.

I assure this committee that, if I am confirmed, I will be strictly independent of all political influences... essential to that institution's ability to function effectively and achieve its mandated objectives.

September and October of 2008 was the worst financial crisis in global history, including the Great Depression.

In fact, the world needs more nerds.