I think the credit default swaps can take the place of the rating agencies who really have missed the ball in this procedure and are quite conflicted…

- Robert F. Engle

I think we're fooling ourselves if we think that regulators are going to be able to outsmart the bankers. So, the task of designing regulatory reform…

- Robert F. Engle

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, bu…

- Robert F. Engle

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 som…

- Robert F. Engle

I mean, we've always had gold bugs, but now we sort of realize that Treasure Bills might be in the same category. And we have derivatives like credit…

- Robert F. Engle

If a lot of people feel like this company is undervalued and go out and buy the stock, the stock price will go up reflecting the higher value of this…

- Robert F. Engle

I agree with a lot of the points in Taleb's book, but I don't agree with many of his conclusions. It seems to me that he rightly points out that risk…

- Robert F. Engle

I think global coordination is tremendously important. I hope we can see this happening through the G20 and through coordination of regulatory regime…

- Robert F. Engle

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'v…

- Robert F. Engle