We are inheriting the worst financial system since the Depression. We're inheriting a situation - when people go back and study major banking crises a quarter century from now, the one that America developed in 2007 and 2008 is going to be one of those crises.
More Quotes from Larry Summers:
There probably won't be a chest bump, probably a handshake. I'm not mad or angry at Coach Pete because this is a business. Whenever the opportunity comes to improve yourself, you have to take advantage. There's no animosity towards Coach Pete.Larry Summers
It says something about this new global economy that USA Today now reports every morning on the day's events in Asian markets.
Larry Summers
It was wrong to allow Stalin to shape the European landscape of the 20th century. It would be even more wrong to let him shape the landscape of the 21st century.
Larry Summers
I know the coaches that went (to Norfolk State) have good work ethic and they don't accept anything but perfection. They've had two weeks to prepare for this game, so we're looking for anything they can throw at us, trick plays and all.
Larry Summers
Global capital markets pose the same kinds of problems that jet planes do. They are faster, more comfortable, and they get you where you are going better. But the crashes are much more spectacular.
Larry Summers
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Based on Keywords: banking, inheritingLife is short and progress is slow.
Gabriel Lippmann
A man can do what he wants, but not want what he wants.
Arthur Schopenhauer
Self-reform is the only kind that works.
Mason Cooley