Let me say this anyway on the record: We do not and have not been targeting stock prices for the purposes of endeavoring to stabilize this economy, ... We react if and when stock market price changes impact on the economy. We respond to the economy.

I don't know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we've been talking about today or anything anybody else was talking about.

In principle, stock-option grants, properly constructed, can be highly effective in aligning corporate officers' incentives with those of shareholders, ... Regrettably, the current accounting for options has created some perverse effects on the quality of corporate disclosures that, arguably, is further complicating the evaluation of earnings.

Diplomacy is really far less important than the stock movements within Russia.

The Nikkei's rise since July has had limited impact on the yen's upside, but for the moment anyway, stock prices are supporting the yen.

The Nikkei's rise since July has had limited impact on the yen's upside, but for the moment anyway, stock prices are supporting the yen,