The financial crisis was linked to the fact that banks had excessive leverage and too many risky assets. The solution is not to try to dictate to banks what they can do or not do, but to require them to strengthen their capital to absorb potential losses and hold less risky assets.
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"The financial crisis was linked to the fact that banks had excessive leverage and too many risky assets. The solution is not to try to dictate to banks what they can do or not do, but to require them to strengthen their capital to absorb potential losses and hold less risky assets." — John Paulson #moneywealth
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The financial crisis was linked to the fact that banks had excessive leverage and too many ris…
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The financial crisis was linked to the fact that banks had excessive leverage and too many risky assets. The solution is not to try to dictate to banks what they can do or not do, but to require them to strengthen their capital to absorb potential losses and hold less risky assets. — John Paulson
About John Paulson
John Paulson was a Businessman from United States (1955–present).
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Who said "The financial crisis was linked to the fact that banks had excessive leverage a…"?
This quote is attributed to John Paulson, a Businessman from United States.
When did John Paulson live?
John Paulson lived from 1955 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.