A gradual reduction over time of the GSE portfolios should be a non-event to investors and market participants, other than GSE shareholders,
More Quotes from Alan Greenspan:
of interest-only loans and the introduction of more-exotic forms of adjustable-rate mortgages are developments of particular concern.Alan Greenspan
While these forms of protection have often been imposed under the label of promoting so-called 'fair trade,' oftentimes they are just simple guises for inhibiting competition.
Alan Greenspan
The rapid growth and increasing importance of derivative instruments in the risk profile of many large banks has been a particular concern,
Alan Greenspan
As I have said previously to this committee, because of the nature of the type of acceleration in productivity and dynamic change that is occurring in the American economy, my first priority would be to allow as much of the surplus to flow through into a reduction in debt to the public,
Alan Greenspan
Still-significant productivity growth and a sizable margin of underutilized resources, to date, have checked any sustained acceleration of the general price level and should continue to do so for a time,
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Demand has been growing quite strongly in recent months, and the (Fed monetary-policy committee) will have to judge whether that pace of expansion will be maintained (and), if so, whether it will continue to be met by solid productivity growth, as it apparently has been.
Alan Greenspan
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Based on Keywords: gse, non-eventBoldness and decision command, often even in evil, the respect and concurrence of mankind.
Robert Dale Owen
I've been in pressure situations before. All my life it's been about pressure and having to get it done. Just because you say it publicly, it does not make me afraid of it or make me shy away from it.
Isaiah Thomas
Any subject is good for opera if the composer feels it so intently he must sing it out.
Gian Carlo Menotti