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Carl Wiens
Frothiness
posted:
"The Federal Reserve is not currently forecasting a recession, we are forecasting slow growth."
Ben Bernanke - January 2008
 

“Not only have individual financial institutions become less vulnerable to shocks from underlying risk factors, but also the financial system as a whole has become more resilient.
” — Alan Greenspan - 2004
"You know, in this business, you don't have any control over what the press says and how they portray things. And that's their prerogative. But I think anybody who looks at it objectively has trouble making the case that somehow this is a bad economy."
Dick Cheney
"The American people should remain confident in the“soundness and resilience in the American financial system."
Henry Paulson
 
“We will continue to act to resolve this crisis and restore stability to our markets”
George Bush


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