Even If You Don't Have The Authorities

There Is A Very Real Danger That Financial Regulation Will Become A Wolf In Sheep's Clothing.

A Fed Loan To Lehman Brothers Would Not Have Prevented A Bankruptcy.

An Open, Competitive, And Liberalized Financial Market Can Effectively Allocate Scarce Resources In A Manner That Promotes Stability And Prosperity Far Better Than Governmental Intervention.

The U.s. Didn't Save Enough; We Borrowed A Lot. There Were Structural Imbalances In Asia With Exporters, With Oil Exporters For A Whole Variety Of Things.

Well, As You Know, We're Working Through A Difficult Period In Our Financial Markets Right Now, As We Work Off Some Of The Past Excesses. But The American People Can Remain Confident In The Soundness And The Resilience Of Our Financial System.