Quotes of the Day

President Barack Obama's top economic adviser, Larry Summers, says the nation has moved back substantially from the brink of an economic catastrophe
Monday, Sep. 14, 2009

Open quoteYou cannot rely on the scars of past crises to ensure against practices that will lead to future crises.Close quote

  • LARRY SUMMERS,
  • director of the White House National Economic Council, on why an overhaul of financial regulations is needed to protect the financial system
Photo: J. Scott Applewhite / AP | Source: AP