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'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

When large companies take on risk, then they impose risks on the rest of the system. And these are systemic risks and these systemic risks we never u…

- 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 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

Risk managers and investment bankers and actually, all kinds of investors took on more risk than they expected. So there was a failure of risk manage…

- Robert F. Engle