“I promise you that there are a lot of people involved in various kinds of retail activities who think they have a crucial role in the economy, and they're right.” PeopleThinkingKindRolesEconomyInvolvedPromiseActivityVariousCrucialI PromiseRetail Author:Lawrence Summers
“Takeovers wouldn't cause the stock market to rise unless there is an upward reassessment of earnings (potential). People are more optimistic and confident about the future.” PeopleCausesOptimisticEarningTakeovers 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
