Nassim Taleb on bailing out individuals vs. corporations

I think that it is a shame that companies that invested - buy their stocks rather than preparedness - that they benefit from my taxpayer money.  That's very shameful.  And that CEOs who got a lot of bonuses would get bailout money without having to claw back.  On the other hand, I think we should bail out individuals.  Not companies, individuals.  Taxpayers.

~ Nassim Taleb, CNBC interview with Andrew Ross Sorkin, April 24, 2020

Jim Cramer on solving the coronavirus problem

I think the free market can solve this.  I just wish the government would do everything in its power to expedite the process.

~ Jim Cramer

Henry Paulson on TARP changes

Since announcing the injection of capital into big banks we have been examining a wide range of ideas that can further strengthen the financial system and get lending going again to support the broader economy. And to adequately reform our system, we must make sure we fully understand the nature of the problem which will not be possible until we are confident it is behind us.

~"Paulson Shifts Focus of Rescue to Consumer Lending", Bloomberg, November 12, 2008

Henry Paulson on the congressional package to rescue Fannie Mae and Freddie Mac

We recognized quite early on that if there was some concern or lack of confidence in their access to capital, this could create a serious problem. But we certainly couldn't go to Congress and ask for these powers that would make it a self-fulfilling prophecy - - or we wouldn't have gotten the powers.

~ Henry Paulson, Treasury Secretary, "Paulson Risks Goldman Standard as Fannie, Freddie Shares Erode," Bloomberg, August 21, 2008, by Rebecca Christie and Matthew Benjamin