• "We believe he will be confirmed. There is no doubt there is anger and frustration in this country about the direction of our economy, and about what has happened with excessive risk-taking by big banks, and the American people having to lend their hard-earned money to bail them out.

    VOA: standard.2010.01.24

  • You have to be a big company to do it and if you have a big company you've exhausted the risk of-- never goes away completely.

    你的公司得够大才能做保险这项业务,如果你有个大公司你就能减小风险,不太容易被风险击垮

    耶鲁公开课 - 金融市场课程节选

  • It doesn't work so easily to share with those people along the lines that these communities--I think these communes tend to emphasize a social compact, a feeling for each other, a caring for each other, which is a lovely thought but it doesn't achieve risk management on a big scale.

    但要实现跟满足这些条件的人分摊风险,绝非易事,这些共同体。。。我指这些公社,倾向于强调一种社会凝聚力,一种人与人的深情和关怀,这个想法听上去很美,但无法实现大规模有成效的风险管理。

    耶鲁公开课 - 金融市场课程节选

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