'Too big to fail' is fine for restaurant chains. If Denny's fails, it's fine for this economy. You can always go down to the TGIFs. But that's not the same for large-scale investment companies.

If we had created rules to automatically turn up the required down payment on a home when there's a housing bubble, or just say that the mortgage on a property cannot be larger than the value of the property three years ago, the amount of human misery that would've been avoided would've been enormous.

I don't want to do anything that capitalizes personally on the fact that I've been in public service.

Bill Foster Quotes