Christopher Bond said...

What we need in our society, I believe, is that the large swap dealers should be able to fail.

Bond emphasizes the necessity for large swap dealers to be allowed to fail to mitigate systemic risks.

04/27/2010

More Christopher Bond Quotes

Thank you very much, Mr. Administrator. I am concerned that you talked about, 'We need to find some alternatives. We don...

I do not see how, with the problems we have, which are too much like Greece's problems with our debt...

That was a mistake, in terms of cost, productivity. So, that is a signal not to put timelines on it.

Yes, we would like to know because we need to get a handle on this somewhere.