“It is important for the BOJ to communicate with markets in a clear and effective way.”— Toshihiko Fukui
“We have to have a savings and loan industry that is sound and safe and that can go about its business of making home loans.”— Lloyd Bentsen
“It was a race to the bottom, to see who could take on the most risk, who could make the most money, who could pay themselves the most. It was a race with no speed limits, and it resulted in a horrific crash.”— Phil Angelides
“The conventional commercial bank is not supposed to be a lender of first resort, but of last resort.”— Agha Hasan Abedi
“I went from being a millionaire to being homeless. It was a very humbling experience.”— Willie Aames
“Capital is the buffer that protects the taxpayer from the mistakes of the banker.”— Charles W. Calomiris
“How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.”— Robert G. Allen
“The people are at bay, let the bloodhounds of money who have dogged us thus far beware.”— Mary Elizabeth Lease
“This was an avoidable crisis. The captains of finance and the public stewards of our financial system ignored warnings and failed to question, understand, and manage evolving risks within a system essential to the well-being of the American people.”— Phil Angelides
“The lesson is that, in a world of fiat money, central bankers have to be our bread and butter.”— Gavyn Davies