I am unable to think of any critical, complex human activity that could be safely reduced to a simple summary equation.

Perhaps the greatest challenge for the resolution of a systemic global bank is the possibility that public or private actors in different countries might take local actions that would cause the overall resolution to spin out of control.

Regulatory changes have forced banks to closely examine their liquidity planning and to internalize the costs of liquidity provision. The costs of committed liquidity facilities will be passed on to clearing members. These costs are perhaps highest in clearing Treasury securities, where liquidity needs can be especially large.

The financial crisis and the Great Recession posed the most significant macroeconomic challenges for the United States in a half-century, leaving behind high unemployment and below-target inflation and calling for highly accommodative monetary policies.

I genuinely have to work - I don't have enough money not to. But the last thing I would want is to be looked after.

As a fighter, I recognise that the one thing we fight for is prizes. The one thing that motivates us is money. A lot of fighters do come back because of money. The biggest spur they have is financial, and thank God my finances were secure, and I didn't need to come back for that reason.

Money was a big differentiator when I was growing up, but I made sure it doesn't stay that way.

If Americans are worried about money in politics, there is no larger concern than the Clintons, who are cosseted in a world where rich people endlessly scratch the backs of rich people.