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

There's always light at the end of the tunnel, right? It just depends on how long the tunnel is.

I think all governments engage in intelligence gathering vis-a-vis other governments.

An open, competitive, and liberalized financial market can effectively allocate scarce resources in a manner that promotes stability and prosperity far better than governmental intervention.

Payment systems are critically important for overall market stability. On a typical business day, U.S. payment and settlement systems settle transactions valued at over $13 trillion.

The most pressing and significant problems in the global economy are unsustainable structural issues with regard to the E.U. - fiscal deficits and the structure of the E.U. itself.

A Fed loan to Lehman Brothers would not have prevented a bankruptcy.