"The social system of private property and limited government is the only system that tends to debarbarize all those who have the innate capacity to acquire personal culture."
~Ludwig von Mises
Mar 23, 2009
AIG executive on the company's credit default swap exposure (2007)
It is hard for us, without being flippant, to even see a scenario within any kind of realm of reason that would see us losing one dollar in any of those transactions.
~ Joseph J. Cassano, head of AIG Fincancial Products division, August 2007
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