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— Alan Greenspan"It seems superfluous to constrain trading in some of the newer derivatives and other innovative financial contracts of the past decade. The worst have failed; investors no longer fund them and are not likely to in the future."
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For market discipline to constrain risk effectively, financial institutions must be allowed to fail. Under optimal financial regulatory and financial system infrastructures, such a failure would not threaten the overall system.
— Henry Paulson
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What constrains or enables the capacity of human beings to work in groups is not so much the technology, but rather the capacity of the human brain to have and monitor social interactions.
— Nicholas A. Christakis
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