“With uncertainty in oil markets, a buildup of speculative pressures and the large U.S. current account deficit, there is a real possibility that Paulson's crisis-management skills will be tested.” RealPossibilitySkillsAccountsPressureManagementCrisisCurrentsOilUncertaintyTestedDeficitCrisis ManagementManagement Skills Author:Lawrence Summers
“Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.” CrisisBlameResponseInvestingFinancialGreekFinancial CrisisSpeculators Author:Lawrence Summers
“We are inheriting the worst financial system since the Depression. We're inheriting a situation - when people go back and study major banking crises a quarter century from now, the one that America developed in 2007 and 2008 is going to be one of those crises.” PeopleAmericaSituationStudyWorstCenturyMajorsCrisisFinancialQuartersBankingFinancial SystemBanking Crisis Author:Lawrence Summers
