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" No city embraced privatization more eagerly than Chicago, where I live. "

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" Choices of right or wrong are not presented to you in black and white. If they were, I'm sure most people would choose white. "

Black And White

" The big banks advise cities about whether privatization is a wise choice. They also control the ability of states and cities to access the market for their financing needs. "

" The worst story I ever wrote was after the conviction of Jeff Skilling and Ken Lay. My co-author and I wrote a piece for 'Fortune' saying everything's going to be different now. "

" Fixing Fannie Mae and Freddie Mac in isolation, without looking at the big picture, would be short-sighted. "

" In capital we trust. Capital is our savior, our holy grail, our fountain of youth, or at least health, for banks. "