“Given the extent of the exposures of major banks around the world to A.I.G., and in light of the extreme fragility of the system, there was a significant risk that A.I.G.'s failure could have spark...”

“In the future, financial firms of any type whose failure would pose a systemic risk must accept especially close regulatory scrutiny of their risk-taking.”

“Clear communication is always important in central banking, but it can be especially important when economic conditions call for further policy stimulus but the policy rate is already at its effect...”

“High levels of homeownership have been shown to foster greater involvement in school and civic organizations, higher graduation rates, and greater neighborhood stability.”

“No economy can succeed without a high-quality workforce, particularly in an age of globalization and technical change.”

“The Fed's independence is critical.”

“When there is a crisis, let your heart pray, but let your hands work.”

“For the briefest moment, Jack's face formed the faintest smile as he considered fear and anxiety, the latter two of which often caused people to forget what truly mattered most.”

“At critical moments the veil between the little-self and the deep self thins and a meaningful self-adjustment becomes possible. If a person does not become paralyzed with fear or frozen in hatred, ...”

“Stop being conned by the old mantra that says, 'Leaders are cool, managers are dweebs.' Instead, follow the Peters Principle: Leaders are cool. Managers are cool too!”

“I get up in the morning, torture a typewriter until it screams, then stop.”

“He who puts out his hand to stop the wheel of history will have his fingers crushed.”

“If you play smart, you may achieve your target without using up all your resources.”

“There's an awful lot of resources that can be drawn upon in an improvised music concert.”

“$200, 300 million games, I'm a little scared about that; there aren't a lot of companies that have the resources or the courage to spend that much.”