Ben Bernanke

Among other objectives, liquidity guidelines must take into account the risks that inadequate liquidity planning by major financial firms pose for the broader financial system, and they must ensure that these firms do not become excessively reliant on liquidity support from the central bank.

I want to tell mayors, county chiefs and heads of big companies: don't just chase GDP growth; don't chase the biggest profits at the expense of our children and grandchildren and at the cost of sacrificing our ecological environment.

One of the hardest areas is duplication; everyone knows there's lots of duplication in government. But when you ask someone, 'OK, name two programs that are duplicative,' typically there's a long pause.

Did you know there's a difference between being busy and being fruitful? Did you ever stop to think that just being busy - running around in circles all day but not accomplishing anything - is the same as wasting your time? It's frustrating to expend so much energy and time and not have any fruit from your effort!