Observers and even some officials raise questions about the future of Greece as part of the Eurozone, while the Eurozone itself struggles to deal with fundamental flaws at the heart of its architecture. Charles Dallara Read Quote
We can no longer contemplate a world in which public or private sector funds are used to bail out or recapitalize failing firms. Charles Dallara Read Quote
A core group of the world’s leading economies need to come together and hammer out an understanding. Charles Dallara Read Quote
How can the United States preserve its financial and security leadership role when it conducts itself with such ineptitude and such disregard for the consequences for the world? Charles Dallara Read Quote
The Fed cannot levitate markets forever. And when they finally do move, I think we have to be prepared for a considerable amount of turbulence. Charles Dallara Read Quote
Unfortunately, I think we could see that fairly early in 2015: The cloud of economic weakness in Russia is spreading over Europe. It has the potential of spreading into contagion into other emerging markets, particularly those with large energy companies, such as Petrobras in Brazil. Charles Dallara Read Quote
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 Read Quote
It is certainly possible that the Greek economy can revive and achieve some growth over the years ahead. Charles Dallara Read Quote
Greece’s debt is going to be a function of a lot of factors down the road. Charles Dallara Read Quote