Alan Greenspan Quotes, Risk Quotes, Banking Quotes

Indeed, better risk management may be the only truly necessary element of success in banking.

5 years ago

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Tags : Alan Greenspan Quotes , Risk Quotes , Banking Quotes

Fear and euphoria are dominant forces, and fear is many multiples the size of euphoria. Bubbles go up very slowly as euphoria builds. Then fear hits, and it comes down very sharply. When I started to look at that, I was sort of intellectually shocked. Contagion is the critical phenomenon which causes the thing to fall apart.

5 years ago

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Tags : Alan Greenspan Quotes , Fall Quotes , Looks Quotes

I love to play tennis and golf, listen to music, watch baseball and root for the Redskins.

5 years ago

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Tags : Alan Greenspan Quotes , Baseball Quotes , Golf Quotes

I was a fairly good amateur musician, and I was an average professional. But the one thing I saw was that the big band business was fading.

5 years ago

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Tags : Alan Greenspan Quotes , Average Quotes , Musician Quotes

We need, in effect, to make the phantom 'lock-boxes' around the trust fund real.

5 years ago

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Tags : Alan Greenspan Quotes , Real Quotes , Needs Quotes

The number one problem in today's generation and economy is the lack of financial literacy.

5 years ago

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Tags : Alan Greenspan Quotes , Numbers Quotes , Generations Quotes

Nor can private counterparties restrict supplies of gold, another commodity whose derivatives are often traded over-the-counter, where central banks stand ready to lease gold in increasing quantities should the price rise.

5 years ago

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Tags : Alan Greenspan Quotes , Gold Quotes , Derivatives Quotes

If I've made myself clear, I've misspoken.

5 years ago

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Tags : Alan Greenspan Quotes , Made Quotes , Clear Quotes

We may be in a rapidly evolving international financial system with all the bells and whistles of the so-called new economy. But the old-economy rules of prudence are as formidable as ever. We violate them at our own peril.

5 years ago

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Tags : Alan Greenspan Quotes , Bells Quotes , May Quotes

We will have more crises and none of them will look like this because no two crises have anything in common except human nature.

5 years ago

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Tags : Alan Greenspan Quotes , Two Quotes , Looks Quotes

Anyone willing to do what is required to become president of the United States is thereby barred from taking that office. I'm only half joking

5 years ago

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Tags : Alan Greenspan Quotes , Office Quotes , President Quotes

These days, even out of office, I still read economic reports.

5 years ago

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Tags : Alan Greenspan Quotes , Office Quotes , Economic Quotes

Excessive optimism sows the seeds of its own reversal.

5 years ago

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Tags : Alan Greenspan Quotes , Optimism Quotes , Reversal Quotes

We can guarantee cash benefits as far out and at whatever size you like, but we cannot guarantee their purchasing power.

5 years ago

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Tags : Alan Greenspan Quotes , Guarantees Quotes , Investing Quotes

We as central bankers need not be concerned if a collapsing financial asset bubble does not threaten to impair the real economy, its production, jobs and price stability.

5 years ago

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Tags : Alan Greenspan Quotes , Jobs Quotes , Real Quotes

We are in the midst of a once-in-a-century credit tsunami. Central banks and governments are being required to take unprecedented measures. Those of us who have looked to the self-interest of lending institutions to protect shareholders' equity are in a state of shocked disbelief.

5 years ago

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Tags : Alan Greenspan Quotes , Government Quotes , Self Quotes

It's a bubble. It has to have intrinsic value. You have to really stretch your imagination to infer what the intrinsic value of Bitcoin is. I haven't been able to do it. Maybe somebody else can.

5 years ago

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Tags : Alan Greenspan Quotes , Imagination Quotes , Able Quotes

Greenspan, who knew so much more than most, knew far less than most supposed.

5 years ago

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Tags : Alan Greenspan Quotes , Ignorance Quotes

Any informed borrower is simply less vulnerable to fraud and abuse.

5 years ago

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Tags : Alan Greenspan Quotes , Success Quotes , Money Quotes

How do we know when irrational exuberance has unduly escalated asset values?

5 years ago

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Tags : Alan Greenspan Quotes , Memorable Quotes , Assets Quotes