Derivatives trading should be standardized and as much as possible moved to clearinghouses.

Stability is not the way of the world.

Creating a regulatory system that reflects the modern-day realities of financial markets is not as difficult as it may appear.

Resentment is not morally superior to earning money.

You have got to welcome and embrace complexity.

It is a very bad idea for governments to create arbitrary and unfair outcomes, or outcomes resulting from the passions and whims of the government rather than from the law, just because they have the power to do so.

The building block of every community is family.