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- The government can help, but we need to make this transition now to a recovery led by private investment, private.
- The plausible outcomes range from the gradual and benign to the more precipitous and damaging.
- Most consequential choices involve shades of gray, and some fog is often useful in getting things done.
- Never before in modern times has so much of the world been simultaneously hit by a confluence of economic and financial turmoil such as we are now living through.
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- I think we're not going to preserve Fannie and Freddie in anything like their current form. We're going to have to bring fundamental change to that market.