I am unable to think of any critical, complex human activity that could be safely reduced to a simple summary equation.

Perhaps the greatest challenge for the resolution of a systemic global bank is the possibility that public or private actors in different countries might take local actions that would cause the overall resolution to spin out of control.

Regulatory changes have forced banks to closely examine their liquidity planning and to internalize the costs of liquidity provision. The costs of committed liquidity facilities will be passed on to clearing members. These costs are perhaps highest in clearing Treasury securities, where liquidity needs can be especially large.

The financial crisis and the Great Recession posed the most significant macroeconomic challenges for the United States in a half-century, leaving behind high unemployment and below-target inflation and calling for highly accommodative monetary policies.

Hillary is not an agent of change. Nor does she have any idea how to restore rapid economic growth. Instead, she is a prisoner of the Left. Tax the rich, inequality, redistribution.

I endorsed supplements for about 15-20 years and made a lot of people a lot of money, so I figured I should do my own line and make my own money.

People downloading my stories from the bit torrent sites were never going to buy them anyway. It's no money out of my pocket.

X Factor' creates a Christmas single that puts money in other people's pockets. Whereas 'Strictly''s not out to do that, at all. That's why I stand up for it - it isn't car-crash television.