American Economist and Banking Executive, Co-Senior Partner at Goldman Sachs, Director of the White House National Economic Council, U.S. Treasury Secretary
Author Quotes
Some people are more certain of everything than I am of anything.
I agree with what the Chairman Greenspan said whatever it is that he did say.
Financial markets are driven by human nature and have a propensity to go to excess. This means that periodic financial crises of one sort or another are virtually inevitable.
In business, the chief focus is on profitability. Government, by contrast, has no simple bottom line but rather a vast array of interests and priorities, many of which exist in a state of tension or conflict. For that reason, decision making in government is vastly more complex.
To keep a realistic sense of yourself and to make well-informed decisions, you have to go out of your way to make people feel comfortable disagreeing with you.
American Economist and Banking Executive, Co-Senior Partner at Goldman Sachs, Director of the White House National Economic Council, U.S. Treasury Secretary