Roger Altman Quotations

Housing works like a trampoline. When it is pushed down far enough and long enough, it will eventually snap upward very powerfully.

In September 2008, the overleveraged and undermanaged U.S. banking system suffered a terrifying collapse. And that, in turn, nearly took the whole country down.

Real GDP growth has been relatively healthy, but most Americans don't feel it. It's a transformative time for the U.S. economy.

Ed is a visionary. He has a very long-term point of view and he knows exactly what he believes in. You don't meet many people who are as sure in what they believe in, long-term, as Ed does.

The more Mr. Putin extends the fighting in eastern Ukraine, the more the financial markets will ratchet up their own pressure on Russia.

He has a real conviction as to how the telecom market and technology are going to evolve, and a real conviction on what his company needs to do to remain competitive.

Many Russia experts note the deep and sad capacity of the Russian people for suffering.

We live in an era where the global capital markets are the super power in the world, and when they move against you as they've moved against Russia, as we've all seen in the ruble, there's nothing that can stop that.

If a lending institution is faced with bids for a package of toxic assets that are less than the carrying value of those assets, the sale of those assets would trigger a further loss and reduce the underlying capital of the institution.

Russia's oil fields are mature and require capital and Western technology even to keep production flat.