Best 3 quotes of John Thain on MyQuotes

I think there will be linkages between the U.S. and Europe and I think there will be linkages between the U.S. and Asia; that is probably a little further off.

Regulators are in the best position to regulate when they are intimately knowledgeable about the activities they are regulating.

To model correctly one tranche of one CDO took about three hours on one of the fastest computers in the United States. There is no chance that pretty much anybody understood what they were doing with these securities. Creating things that you don't understand is really not a good idea no matter who owns it.