There is no way to stabilize the markets other than through government intervention.

Our overriding goal in restructuring our financial architecture should be that taxpayers never again have to save a failing financial institution.

When you have a big, ugly problem, there's never going to be a neat, elegant solution that is totally painless or without a cost.

China saves too much, produces too much, sells too much to Americans and consumes too little.

As the Indian government has embraced greater economic openness, the creativity and expertise of the Indian workforce has been unleashed onto the world economic stage.

It's a safe banking system, a sound banking system. Our regulators are on top of it. This is a very manageable situation.

One of the most constant aspects of American life is change - and nowhere is it more evident than in our financial markets.