Quotes About Leadership

concerned about the politics and whether Congress would go along, the Bush administration had not yet made the request.

I had made a mistake in making the announcement with only informal approval and promised I would follow a more deliberative process in the future.

that Greenspan opposed it, "so I didn't really pursue it.

we were right to stay the course on securities purchases.

That's not the same as, or nearly as bad as, failing to raise the debt ceiling and defaulting on government debt.)

Lewis persuaded his board to go through with the merger,

Despite those tensions, the G-7 representatives were determined to work together. Too much was at stake for the group to leave Washington without at least the outlines of a coordinated response.

Not every new chair would be comfortable with such a strong number two. The

If a means of saving Lehman did exist, given the tools then available, we were not clever enough to think of it during those frenetic days.

In discussing the challenges he and his team faced, Stockton reminded us of 1998,

You remained determined, open-minded, and creative in your effort to do what was best for the country.

Hank was initially noncommittal. He knew that he and his team would have to lead the effort to develop a legislative proposal and sell it to Congress.

For me, one of the most important developments in Europe was a change in the leadership of the European Central Bank.

I didn't always agree with Sheila's views, but I had to admire her political talent.

offering advice to the administration and Congress when we thought we could be helpful.

Or was it better to maintain ambiguity, as we did, which suggested we still had the capacity to carry out future interventions? I don't know.

president wanted assurances that they would be kept in the loop,

What changed Dimon's mind about acquiring Bear?

He told me that the Fed should do what it believed necessary.

without appearing to be partisan.

At Greenspan's urging, we decided to wait before considering further action.

term, I knew that politics would continue to occupy much of my time and energy.

I was glad to see Obama bringing these issues,

As always, I follow the economy closely. But it's liberating to read about policy debates knowing that someone else will have to make and defend the tough decisions.