“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.”
— former Chairman of the Federal Reserve Alan Greenspan, in 2004
“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.”
— former Chairman of the Federal Reserve Alan Greenspan, in 2004