The Libor system is structurally flawed. It is a major problem for our financial system and for the confidence in the financial system. We need to address it.
I and others were mistaken early on in saying that the subprime crisis would be contained. The causal relationship between the housing problem and the broad financial system was very complex and difficult to predict.
Digital currencies present a chance for money to truly become information, and for the creation of a global financial system that is truly frictionless, open, and uncensored - the vision we once had for the Internet.
Enhanced transparency has helped to reinforce the stability of India's financial system.
The revival of the U.S. financial system after the crash of 2008 is arguably the Obama administration's biggest domestic policy success.
A lot of the evil in the world is actually not intentional. A lot of people in the financial system did a lot of damage without intending to.
The U.S. will lose its status as the superpower of the world financial system. The world will become multi-polar.
