A Quote by Charles Dallara

I think that it would be a mistake for any institution to think that their stake in a default or in a voluntary accord is determined by the amount of their exposure, hedged or unhedged.

Charles Dallara

Quote Topics

Accord Amount Any Default Determined Exposure Institution Mistake Stake Think Voluntary Would Would Be

Quote Author

Charles Dallara
American - Businessman
Born: August 25, 1948

The single greatest line I ever wrote as an analyst was after Lomas said they were hedged: 'The Lomas Financial Corporation is a perfectly hedged financial institution: it loses money in every conceivable interest rate environment.' I enjoyed writing that sentence more than any sentence I ever wrote.

Steve Eisman

I think any man would be nervous if his liberty is at stake.

Wesley Snipes

It was a mistake to think that my views would have been taken on their own terms. It was a mistake to think that my last name wouldn't be a factor.

Christopher Buckley

They made a mistake. And it was an easy mistake to make. I don't regard setting incentives aggressively as a mistake. I think the mistake was, when the bad news came, they didn't recognize it directly. I don't think that impairs the future of Wells Fargo. They'll be better for it.

Charlie Munger

I think I'm determined. And I think if you're determined, you're right. Your behavior is exactly the same when you're stubborn, except then you're wrong. And so, there's times when I'm wrong, and I'd say, "Well, you were the dark side of determined." But I think determination, you know, it's like have an idea, think about the idea, the risks involved. What does it take to get from here to there? And then once you make the choice, you just keep going.

Les Wexner

I write a lot and I will have some originals on the record. I think it is a mistake for an artist like me to think I am a better writer than Cole Porter. I think it is important to realize what my strengths are. I do like to write and I'm not shabby but I don't think I'm the most brilliant writer. I think it would be a shame and sort so egotistical to say I don't need these wonderful writers. These men created works of art and wrote hundreds of beautiful songs. It would be a mistake for me to say at this point in my career that I am so good.

Michael Buble

I would not use American ground forces in Syria. I think that would be a very serious mistake. I don't think American troops should be holding territory, which is what they would have to do as an occupying force. I don't think that is a smart strategy.

Hillary Clinton

I think at the beginning of one's writing life, negative reviews are what one does to get attention and stake out your territory. It's also often a mistake.

Darryl Pinckney

I think the most important leadership lessons I've learned have to do with understanding the context in which you are leading. Universities are places with enormously distributed authority and many different sorts of constituencies, all of whom have a stake in that institution.

Drew Gilpin Faust

I would tell players to relax and never think about what's at stake. Just think about the basketball game. If you start to think about who is going to win the championship, you've lost your focus.

Michael Jordan

I think people all over the institution recognize that different ways of understanding are valuable. Artists may think in a different way than biologists or chemists, but you can learn something from that. It is true that the arts at MIT don't have the same amount of funding or same status as the sciences or engineering.

Alan Lightman

As for your doctrines I am prepared to go to the Stake if requisite ... I trust you will not allow yourself to be in any way disgusted or annoyed by the considerable abuse & misrepresentation which unless I greatly mistake is in store for you... And as to the curs which will bark and yelp - you must recollect that some of your friends at any rate are endowed with an amount of combativeness which (though you have often & justly rebuked it) may stand you in good stead - I am sharpening up my claws and beak in readiness.

Thomas Huxley

I think the people want to attack Israel for their policies, I think that is fair game. But not to appreciate that there is some level of anti-Semitism around the world involved in that, I think, would be a mistake.

Bernie Sanders

I think the credit default swaps can take the place of the rating agencies who really have missed the ball in this procedure and are quite conflicted by the way the ratings are paid for. So, I would like to see credit default swaps become an evermore important way of understanding credit risk in the economy.

Robert F. Engle

Does celebrity interest anyone? It's definitely not appealing to me. I think anyone who's had any real exposure to it would probably regret ever having even entertained the idea.