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Risk is a many splendored thing: lessons learned


  • Richard W. Fisher


Remarks to the Austin Mortgage Bankers Association, Austin, Texas, April 4, 2007 ; "The elimination of risk can never be the goal of any type of policymaker in a capitalist system. Risk becomes a problem only when it is excessive or when it is abused--a proposition that is especially true in today's environment, where financial markets are increasingly globally integrated and information moves with the click of a mouse."

Suggested Citation

  • Richard W. Fisher, 2007. "Risk is a many splendored thing: lessons learned," Speeches and Essays 51, Federal Reserve Bank of Dallas.
  • Handle: RePEc:fip:feddsp:51

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