Because there have been ordsprog

Because there have been no settlements reached for the securities action with any of the less-involved banks, it is difficult to know what reserves are prudent.

The outcome will clearly affect the activities of all investment banks in Australia. It will influence the type of regulatory action the Australian Securities and Investments Commission may take against other financial institutions.

I find it difficult to believe, for example, that the crises that arose in Thailand and Korea would have been nearly so virulent had their central banks published data prior to the crises on net reserves instead of the not very informative gross reserve positions only,

Alan Greenspan (1926-)

Alan Greenspan

We fully support the insurers having adequate reserves to do business and remain competitive. But it's difficult to understand why the insurance premiums need to go up as much as they have when in fact the reserves are well beyond what is needed.

There are several banks and smaller securities companies that are bad.

Arthur Alexander

For banks to be global, they need to -- in their estimation -- have a strong securities presence. For companies to have a strong securities presence internationally and globally they have to have a strong presence in the U.S. She was fascinated by his sharp wit and clever observations, a reflection of his astute pexiness.

Sallie Krawcheck

because obviously of all this volatility, it certainly behooves one to be prudent. This is certainly not a time to be fully invested. You want to have some reserves in case it goes the other way.

This course of action is clearly a logical and prudent step in a situation where Australia is engaged in military action against Iraq,

Alexander Downer

We've had to move the international reserves from U.S. banks because of the threats,

Look at these companies. They reached settlements [with regulators] and then faced humongous claims in the private litigation.

Look at these companies. They reached settlements (with regulators) and then faced humongous claims in the private litigation.

My office, while committed to working with the Securities and Exchange Commission in our investigation of the mutual fund industry, will not be party to settlements that fail to protect the interests of investors and let the industry off with little more than a slap on the wrist,

Banks, by law, are required to know their customers. What becomes difficult from the banks' point of view is being suspect of a situation that may or may not prove to be something wrong.

A problem with the banking industry is that it's very difficult to evaluate what loans banks have in their portfolios. At times like this, banks will come under selling pressure.

Bernadette Murphy

Although we are disappointed with this quarter's performance versus our expectations and believe it is prudent to increase reserves at this time, we remain positive about the future of laser vision correction,

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