The Gses Are Adequately Capitalized.

I And Others Were Mistaken Early On In Saying That The Subprime Crisis Would Be Contained. The Causal Relationship Between The Housing Problem And The Broad Financial System Was Very Complex And Difficult To Predict.

I Don't Think That Chinese Ownership Of U.s. Assets Is So Large As To Put Our Country At Risk Economically.

I Served Seven Years As The Chair Of The Princeton Economics Department Where I Had Responsibility For Major Policy Decisions, Such As Whether To Serve Bagels Or Doughnuts At The Department Coffee Hour.

The Lesson Of History Is That You Do Not Get A Sustained Economic Recovery As Long As The Financial System Is In Crisis.

I'd Throw Dollars Out Of Helicopters If I Had To, To Stimulate The Economy.