The Process Of Innovation Is, Of Course,

Any Onset Of Increased Investor Caution Elevates Risk Premiums And, As A Consequence, Lowers Asset Values And Promotes The Liquidation Of The Debt That Supported Higher Asset Prices, ... This Is The Reason That History Has Not Dealt Kindly With The Aftermath Of Protracted Periods Of Low Risk Premiums.

I Don't Know Where The Stock Market Is Going, But I Will Say This, That If It Continues Higher, This Will Do More To Stimulate The Economy Than Anything We've Been Talking About Today Or Anything Anybody Else Was Talking About.

The Guiding Purpose Of The Government Regulator Is To Prevent Rather Than To Create Something.

Now, I Only Play Very Occasionally, And In Fact, More Piano Than Clarinet Or Sax.

Credit-default Swaps, I Think, Have Serious Problems Associated With Them.