Bill Foster: “I cannot emphasize enough how important this commitment is, and I hope that you work diligently to implement this new…”

Do you remember with AIG, the real problem with AIG falling into bankruptcy is that it would immediately put a bazillion of the European banks into violation of their capital requirements, which was major contagion that----

I think it is my personal goal to die before we have another financial crisis, and then I will be doing my job well.

Frankly, when I read about this, it triggered my PTSD from the AIG situation with credit default swaps during the financial crisis.

I guess when things are going well, as they currently are, it is all of our duties to look around the curve and see the risks that keep you up at night.