Monday, February 8, 2010

"The problem today is to look ahead & try to anticipate the problems that may arise, that will give rise to the next crisis. And I tell you, sure as I am here, that if banking institutions are protected by the taxpayer, & they are given free reign to speculate, I may not live long enough to see the next crisis but my soul is going to come back & haunt you".
- Paul Volcker (speaking before Congress)

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