Famous Quotes from 2008 Annual Meeting

1. "The economy is in trouble. But America will recover."

2. "We saw the dangers of leverage. Some people went too far."

3. "Goldman Sachs is the best financial institution in the world. We got a great deal."

4. "We received warrants at a great price. It was an opportunity."

5. "The banking system is fragile. Too much leverage everywhere."

6. "Derivatives are dangerous. They're multiplying everywhere."

7. "The whole system is at risk. One failure can spread."

8. "People borrowed too much. They forgot about risk."

9. "Everyone believed house prices would rise forever. They were wrong."

10. "Be fearful when others are greedy, and greedy when others are fearful."

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Source: 2008_Annual_Meeting.md