[The writer] warns the heads of parties against believing their own lies.

[The writer] warns the heads of parties against believing their own lies.

These are probably extreme cases. More often, structures are calibrated so that assets pay down while a derivative amortizes. Most read more

These are probably extreme cases. More often, structures are calibrated so that assets pay down while a derivative amortizes. Most investors, who do not want their returns squeezed, would insist that the original transactions are modified to contain risks.

I am just proud to take over a program with such great tradition.

I am just proud to take over a program with such great tradition.

If you're going to trade a guy of that caliber, you're not going to get the same caliber of talent read more

If you're going to trade a guy of that caliber, you're not going to get the same caliber of talent in return.

Hitler invaded in March 1938 and everything after that went downhill. My husband was in the concentration camp and everything read more

Hitler invaded in March 1938 and everything after that went downhill. My husband was in the concentration camp and everything was taken - but material values at the time didn't matter one bit. It was only after that it did matter.

I was just tired of being a big fish in a small pond. This will be something different.

I was just tired of being a big fish in a small pond. This will be something different.

He's a real go-getter. He's got a lot of energy and strong beliefs.

He's a real go-getter. He's got a lot of energy and strong beliefs.

We weren't wrapping up. We weren't tackling.

We weren't wrapping up. We weren't tackling.

[Thompson made himself the centerpiece of his stories] to show that a regular person could be in the midst of read more

[Thompson made himself the centerpiece of his stories] to show that a regular person could be in the midst of the craziness of the time, ... He was our historian.