FastSaying

Fortunately, when Korea was struck by the 1997/8 financial crisis, that was a good opportunity for us to engage in fundamental reforms and strengthen our financial structure. As a result, our financial regulatory structure and regime have been very much strengthened.

Lee Myung-bak

BeenCrisisEngageFinancialFinancial CrisisFortunatelyFundamentalGoodKoreaMuchOpportunityOurReformsRegimeRegulatoryResultStrengthenStrengthenedStruckStructureUsVery

Related Quotes

What we know about the global financial crisis is that we don't know very much.
— Paul Samuelson
AboutCrisisFinancial
Including myself, the majority of the Korean people believe in this staunch alliance between Korea and the United States and all of us hope that our traditional alliance will be further strengthened in the future.
— Lee Myung-bak
AllianceBelieveBetween
Managing and navigating through a financial crisis is no fun at all.
— Howard Schultz
CrisisFinancialFinancial Crisis
There are downsides to implicitly trusting banks, as the 2008 financial crisis showed.
— Balaji Srinivasan
BanksCrisisFinancial
Not every business cycle has a financial crisis. Frequently they do.
— Kenneth Arrow
BusinessCrisisCycle