History cautions that extended periods of low concern about credit risk have invariably been followed by reversal, with an attendant fall in the prices of risky assets.


Alan Greenspan

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History has not dealt kindly with the aftermath of protracted periods of low risk premiums.
ALAN GREENSPAN
The forecast was cloudy with extended periods of consciousness, followed by a stitch in my side and ...
EDWARD MORRIS
Home prices have gotten a little frothy, as [former Federal Reserve Board Chairman Alan] Greenspan s...
CARL TANNENBAUM
A bullish orientation towards the front-end of the curve therefore should begin to dominate bond str...
BILL GROSS
[But what about the continuing great economic news under Clinton? Lott offered kudos:] I agree that ...
MITCH MCCONNELL
We have low levels of arrears, strong credit risk management and a low risk balance sheet.
ADAM APPLEGARTH
Greenspan showed that you can have long periods of full employment without inflation.
ALAN MELTZER
War has been more common than peace, and extended periods of peace have been rare in a world divided...
DONALD KAGAN
We will soon learn whether the Greenspan era has created a deep reservoir of faith in the Federal Re...
ALAN BLINDER
It highlights the imbalances that [Federal Reserve Chairman Alan] Greenspan has talked about the las...
HARVINDER KALIRAI
With more sophisticated clients and more assets in the market, the risk return paradigm has changed....
DEBRA BAKER
I'm not a big Greenspan fan-Alan Greenspan fan. I voted against him the last two times. I think he's...
HARRY REID
We still saw growth last year even with higher oil prices. Countries have adjusted, with interest ra...
LUZ LORENZO
I think Alan Greenspan is wrong,
JAMES HOFFA
The production intentions of hog producers will be of particular interest. The report will reveal wh...
DARREL GOOD
Your prices have historically been the low prices in the state. It's painful sometimes when it chang...
LYNTON ALLRED
Every great human achievement is preceded by extended periods of dedicated, concentrated effort.
BRIAN TRACY
History has been the history of warfare.
GODFREY REGGIO
His big failing is that he hasn't provided the Fed with a replicable method of re-creating Alan Gree...
ALLAN MELTZER
It's not like prices are going to fall 72 percent or 39 percent. I think the greatest drop we've see...
INGO WINZER
Quite often in history action has been the echo of words. An era of talk was followed by an era of ...
ERIC HOFFER
These lead to tighter credit conditions and falling stock prices as their collateral assets are liqu...
CARL B. WEINBERG
Lower oil prices won't, by themselves, topple the mullahs in Iran. But it's significant that...
JAMES SUROWIECKI
This was possible only by dint of extended periods of frequently quite painful reflection and digest...
BRIAN FERNEYHOUGH
Pressures are particularly evident in the West where housing prices in local markets such as Riversi...
PAUL FERLEY
[In short, it's the good economy, stupid.] There is widespread perception that other forces have con...
BRUCE CAIN
My point was that removing Saddam should not have been our highest priority. Fighting terrorism shou...
BRENT SCOWCROFT
The only risk out there is that Alan Greenspan will go one step too far and put us in a recession, ....
FRANK CAPPIELLO
It's the rationale of not putting all of your eggs in one basket, for not betting that (Fed Chairman...
DAVID TICE
You will be most readily cured of vanity or presumption by studying the history of music, and by hea...
ROBERT SCHUMANN
If you notice anything questionable, such as accounts you don't recognize, or payment disputes, deal...
MAXINE SWEET
Alan Greenspan has done a superb job as chairman of the Board of Governors of the Federal Reserve sy...
SCOTT MCCLELLAN
There was no market whatsoever. There have been no U.S. indicators today that could show us directio...
ANDRE DREICON
In history the way of annihilation is invariably prepared by inward degeneration, by decrease of lif...
JAKOB BURCKHARDT
It's crazy. I think Alan Greenspan is completely out of touch. He's going after the wrong guy.
ALBERTO VILAR
There's certainly been a history of low-fare carries going by the wayside,
BETSY SNYDER
The Canadians, by the paucity of invitations that have been extended to me to do things there, have ...
BILL DIXON
A lot of people were feeling, in the words of (Federal Reserve Board Chairman) Alan Greenspan, some ...
CARL VAN HORN
If you believe that markets operate in Alan Greenspan fashion, then you don't inquire into the d...
OLIVER E. WILLIAMSON
Concern about supply means the risk premium in prices is on the rise. Iran is the major problem, but...
DARIUSZ KOWALCZYK
You don?t want them steeped in water for extended periods of time.
LORI WALLACE
Innumerable confusions and a feeling of despair invariably emerge in periods of great technological ...
MARSHALL MCLUHAN
The extended low-rate holiday that consumers have enjoyed is a thing of the past.
GREG MCBRIDE
Perhaps it's a function of the fears that (Fed Chief Alan) Greenspan has already gone too far (with ...
CLARK YINGST
Unless strong measures are taken in the course of 2006, we risk witnessing a reversal.
ANTONIO MARIA COSTA
Alan has not been healthy, in my opinion, ... Alan is just now, with this bye week, ought to be full...
BRIAN BILLICK
If you are Alan Greenspan, it's hard to make a rule that would do any better.
ALLEN MELTZER
You have to consider concerns about the economy and interest rates. The one time that bank stocks al...
DIANE GLOSSMAN
High prices may not be enough of an incentive for risky developments in conventional oil, let alone ...
ANTHONY ANDREWS
There is only one true aristocracy . . . and that is the aristocracy of passionate souls!
TENNESSEE WILLIAMS
Half of the gain (in spending) was due to price increases. Mr. (Alan) Greenspan may want to convince...
BILL MEEHAN
The risk is relatively low. About 99% percent of women exposed to one of these medications during th...
CHRISTINA CHAMBERS
When does money run out of time? The countdown begins when investable assets pose too much risk for ...
BILL GROSS
Matthew being a constant attendant on our Lord, his history is an account of what he saw and heard; ...
ADAM CLARKE
That is causing some portfolio allocation changes because part of the capital flowing out of Europe ...
RICARDO AMORIM
Certainly, analyses do indicate that house prices are abnormally high --- that there is a 'bubble' e...
JANET YELLEN
Farmers have responded to escalating fertilizer prices and low commodity prices by delaying purchase...
BRIAN HAYWARD
The catalyst [for the afternoon weakness] was the reversal in crude prices,
JAY SUSKIND
The so-called risky assets are continuing to outperform.
BERNIE SCHAEFFER
It should concern every American taxpayer. Their dirty little secret is they provide so-called low p...
CHRIS KOFINIS
If (Alan) Greenspan were still leading the Fed, there would be more confidence in another rate hike....
ANDY WHITAKER
There's been concern about how much higher oil prices will be felt by consumers, but people are now ...
BARBARA MARCIN
Federal Reserve Board Chairman Alan Greenspan recently stated that increases in unit labor costs wou...
JOHN GRAHAM
Given how low that U.S. production is, prices are extremely low, but that's the effect of these worr...
SHARON JOHNSON
There was a downward risk presented by the evolution of oil prices and this risk has materialized in...
JOAQUIN ALMUNIA
They highlighted the long-term rise and not the recent decline. Their concern about core inflation's...
DEAN MAKI
There will be just too much risk of geopolitical shocks in 2006 for oil prices to fall sharply and i...
CHARLES LIEBERMAN
Airlines are constantly making work more stressful for the flight attendant with increased duty time...
COREY CALDWELL
In today's environment where you have to have supervision, it's beneficial to add elements of street...
BOB JENKINS
The data reflect that main concern that Mr. Greenspan has voiced in his recent comments, i.e., that ...
DAVID ORR
While Alan Greenspan may have enjoyed more than his share of good luck during his storied tenure as ...
ALAN BLINDER
Alan Greenspan has probably been a key player in more Republican presidential campaigns and Republic...
MARTIN ANDERSON
The interest rate markets have moved to swiftly price in one last act of enlightened risk management...
MICHAEL WALLACE
After the loss of Columbia a couple of years ago, I think we were reminded of the risk. All of us, t...
MARK KELLY
The low-hanging fruits in the non-performing asset (NPA) pools have been picked and any further redu...
RITESH MAHESHWARI
The price AIG is willing to pay suggests expected property values in the area have been too low and ...
KOJI UCHIDA
The history of liberty has largely been the history of the observance of procedural safeguards.
FELIX FRANKFURTER
The history of all previous societies has been the history of class struggles.
KARL MARX
No people in the history of the world have ever been so misunderstood, so misjudged, and so cruelly ...
JOHN BROWN GORDON
I don't think (Fed Chairman Alan) Greenspan is ready to let the economy roll off the cliff.
ART CASHIN
That's a big slowing. It's evidence that the Federal Reserve and Fed Chairman Alan Greenspan are bei...
AMY CUTTS
At Oxy, the assets are worth more because you don't have to add that layer of risk-taking.
DUANE GRUBERT
We have a serious concern with the fact that, while people are struggling in Zimbabwe, we see this t...
ED ROYCE
Nearly everything faith-related that I have done at Harvard has been followed by free food, from goi...
ALEXANDRA PETRI
We've not seen anything like this previously. There have been hurricane disruptions, like Andrew, wh...
WALTER MOLONY
There's a lot of concern about the dependability of touch-screen voting, for example. Vote by mail m...
ADAM SMITH
Alan Greenspan has said that accounting for stock options is the most important post-Enron reform, a...
CARL LEVIN
Throughout Texas there's been some concern about retaining great scientists. I just think we're alwa...
JENNIFER WEST
Not surprisingly, many of the entities at risk of potential downgrades were in the consumer discreti...
DIANE VAZZA
Historically, in the U.S. and in other countries, periods of rapid productivity growth have been per...
MARTIN BAILY
Every human being has, like Socrates, an attendant spirit; and wise are they who obey its signals. I...
LYDIA MARIA CHILD
Every human being has, like Socrates, an attendant spirit; and wise are they who obey its signals. I...
LYDIA M. CHILD
I'm inspired by history, different periods.
ADAM LAMBERT
One of the advantages of owning commodities is that they have a low correlation to equities and bond...
KEVIN RICH
The downgrade reflects our concerns about Wolverine's exposure to rapidly rising copper prices, whic...
LISA WRIGHT
It certainly is possible to construct a moon base in such a way that crews could stay for extended p...
CHARLES DUKE
Under the right circumstances, for an average or low-risk patient, the mortality risk is very low, ....
M. WOLFE
We've followed the same pattern that Visit Florida showed, with regards to last fall. We were down i...
DANIELLE COURTENAY
If this represents the start of an extended [dollar] slide, it may erode the attractiveness of dolla...
JOHN HANCOCK
Whatever might have once been thought about the existence of a 'Greenspan put,' stock market, invest...
DONALD KOHN

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I didn't even have a clear idea of why I wanted to go to Oxford - apart from the fact I had fall...
ALAN BENNETT
I'm all in favour of free expression provided it's kept rigidly under control.
ALAN BENNETT
I do not long for the world as it was when I was a child. I do not long for the person I was in that...
ALAN BENNETT
All knowledge is precious whether or not it serves the slightest human use.
ALAN BENNETT
We were all miners in our family. My father was a miner. My mother is a miner. These are miner's...
ALAN BENNETT
Life is generally something that happens elsewhere.
ALAN BENNETT
I've never seen the point of the sea, except where it meets the land. The shore has a point. The...
ALAN BENNETT
Were we closer to the ground as children, or is the grass emptier now?
ALAN BENNETT
Your whole life is on the other side of the glass. And there is nobody watching.
ALAN BENNETT
Children always assume the sexual lives of their parents come to a grinding halt at their conception...
ALAN BENNETT
Life is like a box of sardines and we are all looking for the key.
ALAN BENNETT
Teachers need to feel they are trusted. They must be allowed some leeway to use their imagination; o...
ALAN BENNETT
Closing a public library is child abuse, really, because it hinders child development.
ALAN BENNETT
If you keep yourself alive and current, funny is funny.
ALAN KING
I have such a stressful job that the only way I can get it out of my mind is by running hard.
ALAN TURING
I have had a dream indicating rather clearly that I am on the way to being hetero, though I don'...
ALAN TURING
I want a permanent relationship, and I might feel inclined to reject anything which of its nature co...
ALAN TURING
Mathematical reasoning may be regarded rather schematically as the exercise of a combination of two ...
ALAN TURING
No, I'm not interested in developing a powerful brain. All I'm after is just a mediocre brai...
ALAN TURING
I want to enjoy not getting recognised while it lasts. But the mask is a symbol of unity. Anyone can...
ALAN WALKER
Hitler's dictatorship rested on the constitutional foundation of a single law, the Enabling Law.
ALAN BULLOCK
The ego is nothing other than the focus of conscious attention.
ALAN WATTS
In software systems it is often the early bird that makes the worm.
ALAN PERLIS
People who are really serious about software should make their own hardware.
ALAN KAY
I'll work overtime to open the doors of opportunity to industry and commerce.
ALAN AUTRY
Life is a lot more interesting if you are interested in the people and the places around you. So, il...
ALAN MOORE
I like Jacques Derrida; I think he's funny. I like my philosophy with a few jokes and puns. I kn...
ALAN MOORE
We cannot be more sensitive to pleasure without being more sensitive to pain.
ALAN WATTS
Hypocrisy is not a way of getting back to the moral high ground. Pretending you're moral, saying...
ALAN DERSHOWITZ
Being offended by freedom of speech should never be regarded as a justification for violence.
ALAN DERSHOWITZ