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"The choice is between which mistake is easier to correct: underdoing it or overdoing it."
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"We were thrilled and we were privileged to be part of a revolution, because make no mistake about it, Ted Turner changed the world with CNN."
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Personal Development
"Sometimes you are damn wrong and you just don't get it."
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Personal Development
"For how long is there a superior? For as long as one makes mistakes. When mistakes cease to happen, there will be no superior thereafter."
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Personal Development
"A lot of people mistake a short memory for a clear conscience."
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Personal Development
"Don't be defeatist due to the mistakes you make. Mistakes are inevitable part of growth."
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Personal Development
"We all make mistakes, but one of our biggest mistakes is continually revisiting the past."
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Personal Development
"If 'pratikraman' happens immediately [as the mistake happen], then it will bring one in the state of God (Bhagwan-pad)."
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Personal Development
"Most of our faults are more pardonable than the means we use to conceal them."
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Personal Development
"Mistakes can be good things, because it is an unexpected thing."
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Personal Development
"We only acknowledge small faults in order to make it appear that we are free from great ones."
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Personal Development
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"I think we're not going to preserve Fannie and Freddie in anything like their current form. We're going to have to bring fundamental change to that market."
Change
"The major economic policy challenges facing the nation today - pick your favorites among the usual suspects of low public and household savings, concerns about educational quality and achievement, high and rising income inequality, the large imbalances between our social insurance commitments and resources - are not about monetary policy."
Quality
"There is a basic lesson on financial crises that governments tend to wait too long, underestimate the risks, want to do too little. And it ultimately gets away from them, and they end up spending more money, causing much more damage to the economy."
Money
"The substantial uncertainty about the path of asset price movements going forward necessarily reduces the case for altering policy in advance of the move."
Policy
"As financial markets continue to broaden and deepen, the behavior of asset prices will play an important role in the formulation of monetary policy going forward, perhaps a more important role than in the past."
Policy
"In the financial system we have today, with less risk concentrated in banks, the probability of systemic financial crises may be lower than in traditional bank-centered financial systems."
Finance
"This crisis is not simply a more severe version of the usual business cycle recession, the typical downturn in which economies ultimately adjust and stabilize."
Business
"I personally believe that there's going to be a good case for the government preserving some type of guarantee to make sure that people have the ability to borrow to finance a house even in a very damaging recession. I think there's going to be a good case for that."
Finance
"The world is likely to view any temporary extension of the income tax cuts for the top two percent as a prelude to a long-term or permanent extension, and that would hurt economic recovery as well by undermining confidence that we're prepared to make a commitment today to bring down our future deficits."
Commitment
"Financial crises require governments."
Finance
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