Quotes about Contagion Risk

Stephen A. Schwarzman

When you lose control of risk at a financial institution, you do a variety of unfortunate credit extensions or purchases - and all of a sudden, you've blown up your business.

Craig Ferguson

I don't like the whole blowing the candles out ritual... blowing their germs all over the cake. If I want to catch something on my birthday. I don't want it to be from the cake. If you know what I'm saying.

Robert E. Litan

One of the most important causes of economic crises is “running liabilities”, or short term debt that the government does not insure. The U. S. financial sector holds trillions of dollars of such debt, including uninsured bank deposits and the short-term liabilities of other financial institutions, such as overnight loans…. Amongst the potential causes of the next crisis, the massive amount of short-term debt ranks as the most probable.

[Most Americans do not realize that not wall bank deposits are insured by the Federal Deposit Insurance Corporation (FDIC). That insurance covers only a basic amount ($250,000 at the time of the quotation was written, but nothing over the basic amount. There is no federal insurance for all the stock brokerage accounts. There is private insurance that will generally protect against the failure of a particular brokerage company failure, but that would not help in an industry wide failure]

Mohamed El-Erian

It is hard to imagine that, having downgraded the US, S & P will not follow suit on at least one of the other members of the dwindling club of sovereign AAAs. If this were to materialise and involve a country like France, for example, it could complicate the already fragile efforts by Europe to rescue countries in its periphery.

Yu Darvish

I don't want to be in the clubhouse, if I have the coronavirus or something like that, coming into the clubhouse and spread to everybody, that's not good, right?

Charles Dallara

Unfortunately, I think we could see that fairly early in 2015: The cloud of economic weakness in Russia is spreading over Europe. It has the potential of spreading into contagion into other emerging markets, particularly those with large energy companies, such as Petrobras in Brazil.

Seth Berkley

Without strong health systems in place, the higher the population density, the more difficult it becomes to prevent and control outbreaks, and not just because of the increased risk of contagion.

Charles Jules Henry Nicole

The fact that I was fortunate enough to escape contagion, in spite of frequent, sometimes daily contacts with the disease, was because I soon guessed how it spread.

Jane Wagner

Just think: your family are the people most likely to give you the flu.

Contagion Risk Quotes