I think it will get moving faster. I mean once you get it off the - once credit flows - now the recession is going to get worse.

Investing is laying out money now to get more money back in the future.

I don't want to give a lecture to this body that's out there. You know, I mean, having had the heart attack, I want to get it back functioning. And as a practical matter, I mean if you were Bear Stearns, and you were a shareholder, you know, you lost 90 to 95 percent of your money. A good many lost their jobs. They lost very cushy lives, many of them.

It's a big mistake to try and mislead people. They will turn around.

In our view, derivatives are financial weapons of mass destruction carrying dangers that, while latent, are potentially lethal.

When 40 billion of treasury bills are sold like, seven day treasury bills, at a yield of 1/20th of one percent, that means the whole country is basically at the point virtually, or a lot of the country is at the point of putting the money under the mattress.

Outstanding long-term results are produced primarily by avoiding dumb decisions, rather than by making brilliant ones.