I find it difficult to find rational arguments for that particular initiative,
The rapid growth and increasing importance of derivative instruments in the risk profile of many large banks has been a particular concern,
What is not clear is whether the market values that are being placed on particular assets involved in this technology revolution are appropriately priced.
of interest-only loans and the introduction of more-exotic forms of adjustable-rate mortgages are developments of particular concern.
I'm not going to comment on anybody's particular tax cut or structure of it,
The type of economy that we are dealing with at this particular stage is, I suspect, one that none of us has seen before, and indeed it may be unprecedented in our history, ... Our basic purpose is to keep that process going.