Memorable Quotes from James Saito
2 quotesClarifying a Diagnosis of Arthritis
Dr. Nagato
You have arthritis in your knee.
Josh
Arthritis arthritis?
Dr. Nagato
Yes. I usually just say it once.
Quotes sourced from Wikiquote (© Wikiquote contributors), licensed under CC BY-SA 4.0. Modified for formatting/length.
Concerns Over Investments Amid Market Instability
Chinese Official
Hank, I must ask you about ] and ]. We have hundreds of billions invested. You've assured us the investment is safe.
[[w:Fannie Mae|Fannie; [w:Freddie Mac|Freddie]
Hank Paulson
And it is, absolutely.
Chinese Official
We're watching a great deal of our money disappear. Share prices have dropped 60% in the last two months. Carrying your bazooka around has not helped matters. Congress gave you the power. Perhaps it is time to use it.
Hank Paulson
The market will stabilize. We just have to give it some time.
Chinese Official
There was an approach last month from Russia. They have considerable holdings in Fannie and Freddie as well. They suggested we coordinate and, without warning, dump hundreds of billions of Fannie and Freddie's bonds onto the market.
Henry Paulson
That would be...
[flabbergasted]
Chinese Official
Chaos. The amount of debt your country carries is a terrible vulnerability.
Henry Paulson
But you...
Chinese Official
We declined. Respectfully. Even in the U.S., it seems the relationship between the government and private industry isn't so simple.
[smiles]
Ben Bernanke
Was it a threat?
Hank Paulson
No, no, a friendly reminder... that with one phone call to Moscow they could take down the entire U.S. economy.
Quotes sourced from Wikiquote (© Wikiquote contributors), licensed under CC BY-SA 4.0. Modified for formatting/length.