Kathy Baker Biography
Kathy Baker is an American stage, film and television actress.
Kathy Baker Movies
Kathy Baker TV Shows
Kathy Baker Quotes
Trust and Crisis in Banking System
Wendy Paulson:
P., you can't put this all on your own shoulders.
Hank Paulson:
We're running out of options.
Wendy Paulson:
Then you just keep trying. That's what you do. Eventually something's gonna work.
Hank Paulson:
I'm not sure that that is true anymore. There is not a bank in the world that has enough money in its vault to pay its depositors. It's all built on trust. And, Wendy, we are so very close. Morgan Stanley, Goldman are an inch away. If the other banks stop trusting them, if they pull back on interbank lending, it's over in a matter of hours. And from there it goes too fast to stop, a run, and not just on one bank, I mean on the whole system. And average people wondering, "Is my money safe?" They start pulling their cash. And after that, lines outside the banks, smashed ATMs. A couple of weeks, there's no milk in the store.
Quotes sourced from Wikiquote (© Wikiquote contributors), licensed under CC BY-SA 4.0. Modified for formatting/length.
