If you pay attention to where your exposures are, you might tend up buying credit default swaps against a variety of people that you - companies that you deal with.

There are a lot of ways that investment banking models work, but these risks are not internalized by the people that are taking them.

That is, many times we're not risking our own money, we're risking somebody else's money, or maybe that someone is going to back stop or downside, but we still get the upside.

Well if you've got information about a company, or you believe that a company is undervalued, you can go out and buy their stock and you can make some profit on it.

I'd like to see a little more action on the energy side of things. I've been pushing for some kind of a carbon tax for years, and it seems to me we've had lots of opportunities to do it.

A lot of ambitious code has been written into the law for those and we will have to see if it actually works, if we have another example of a big financial institution going bankrupt.

Credit default swap gives you something to do. You can buy some credit default swaps from them to protect yourself against the bankruptcy of people who owe you money.

Whoever thinks of going to bed before twelve o'clock is a scoundrel.

As men of the priesthood, we have an essential role to play in society, at home, and in the Church. But we must be men that women can trust, that children can trust, and that God can trust.

Climate change is part of the normal order of things, and we know it was happening before humans came.

Man is everywhere a disturbing agent. Wherever he plants his foot, the harmonies of nature are turned to discords.

I thought I had swell ideas, and wonderful musicians, but the hell of it, no one else did.

Everybody should be affected by their own realities in their own lives, their own struggles in their own lives. It makes us who we are, and we all know that.

We didn't call it a sport necessarily, and skaters definitely weren't thought of as athletes, we were thought of as misfits.

They want liberalization! I'll give them liberalization. I'll loosen the screws until the Americans beg me to tighten them again.

I don't think I am beautiful. I can look good and I can look ugly.

The most dangerous prisons are those with invisible bars