Stress Testing Quotes

Engineering is achieving function while avoiding failure.

A house built on sand is, in fair weather, just as good as if builded on a rock. A cobweb is as good as the mightiest chain cable when there is no strain on it. It is trial that proves one thing weak and another strong.

Successful engineering is all about understanding how things break or fail.

Looking past the immediate crisis, a more resilient system must be built on stronger and better designed shock absorbers, both in the major institutions and in the infrastructure of the financial system.

I mean, everyone agrees with stress tests for banks. I mean that's clear. But banks should do that on their own. And they should worry about their own capital functioning. That's what they should do. It shouldn't be a government function.

I have this fringe theory that I've sort of stress-tested a little bit - the more polarising and popular a case is, the more likely an acquittal.

It's extremely important for our banks to have more capital, higher quality capital.

Divestment measures would improve overall banking sector health.

I would have tested the furniture if they'd asked me.

We have put in place policies through supervision and regulation that has greatly enhanced the safety and soundness of the banking system.

Loss-absorbing capacity among banks is substantially higher as a result of both regulatory requirements and stress testing exercises.

I voted against H.R. 4293, the Stress Test Improvement Act of 2017, which would modify the regulatory oversight of certain financial institutions in a way that is likely to expose our economy to greater risk.

What can you do in order to save your own banks?

Among other objectives, liquidity guidelines must take into account the risks that inadequate liquidity planning by major financial firms pose for the broader financial system, and they must ensure that these firms do not become excessively reliant on liquidity support from the central bank.

You could argue the banks are much better capitalised than they were going into the crisis, and everyone's in a much more vigilant state because they still remember the crisis.

Indeed, better risk management may be the only truly necessary element of success in banking.

People are asking that question again if Max is being too tough on his equipment, but that's complete nonsense. He can't overdrive, he can't break the material. We all know what it is: it's just the equipment that isn't good enough.

A 99% Value-at-Risk calculation does not evaluate what happens in the last one percent... This is like an airbag that works all the time, except when you have a car accident.

The financial crisis was linked to the fact that banks had excessive leverage and too many risky assets. The solution is not to try to dictate to banks what they can do or not do, but to require them to strengthen their capital to absorb potential losses and hold less risky assets.

A very important part of game development is testing - something that a lot of developers don't do.

While the move to central clearing has made the system safer, we need to make sure that the central counterparties have the resources and risk-management practices to withstand plausible but severe shocks.

A program designed for inputs from people is usually stressed beyond breaking point by computer-generated inputs.

Any design, whether it's for a ship or an airplane, must be done in anticipation of potential failures.

I want to be tested until my limit.

The essence of Reality TV is all about drama. So, I think bringing pressure is healthy whether it's a professional chef or a domestic chef. Because the only way ever to really identify the true purpose of how good they are is submerging them under pressure. So I say it's no different than a live football game because it's about the intensity.