#financial crisis

President Obama has basically avoided or not done any attempt to intervene in any positive way in the housing market. I think in the financial crisis that's been a shame. ↗

— Glenn Hubbard

#attempt #avoided #basically #been #crisis

Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and, as a result, financial crisis became very severe, lasted essentially from 1929 to 1933. ↗

— Ben Bernanke

#crisis #depression #despite #essentially #federal

Many of us like to think of financial economics as a science, but complex events like the financial crisis suggest that this conceit may be more wishful thinking than reality. ↗

— Andrew Lo

#conceit #crisis #economics #events #financial

I take great pride in having been able to overcome the Asian financial crisis and seeking the opportunities available to bring about an unprecedented growth in the economy. ↗

— Zhu Rongji

#about #asian #available #been #bring

2009 was a tough year, but Australia rose to the challenge of the global financial crisis. It shows what can be done when we all join together and work together, governments of all persuasions state, territory and local; businesses large and small; unions and local communities right across the nation. ↗

— Kevin Rudd

#australia #businesses #challenge #communities #crisis

So how does the machine work that you have a financial crisis? How does deleveraging work - what is the nature of that machine? And what is human nature, and how do you raise a community of people to run a business? ↗

— Ray Dalio

#community #crisis #does #financial #financial crisis

If there had been a Financial Product Safety Commission in place 10 years ago, the current financial crisis would have been averted. ↗

— Elizabeth Warren

#averted #been #commission #crisis #current

We urge the Department of Justice to carefully investigate and aggressively prosecute all senior bank officials who participated in manipulating the London interbank offered rate throughout the financial crisis. ↗

— Peter Welch

#bank #carefully #crisis #department #financial

The Tea Party was born out of the disgust many Americans felt early in the financial crisis upon learning that the federal government was even contemplating reducing the principal on some troubled mortgages. ↗

— Mark Zandi

#contemplating #crisis #disgust #early #even

No one should have to choose between medicine and other necessities. No one should have to use the emergency room every time a child gets sick. And no one should have to live in constant fear that a medical problem will become a financial crisis. ↗

— Brad Henry

#between #child #choose #constant #constant fear