I believe that the general growth in large [financial] institutions have occurred in the context of an underlying structure of markets in which many of the larger risks are dramatically -- I should say, fully -- hedged.
![I believe that the general growth in large [financial] institutions have occurred in the context of an underlying structure of markets in which many of the larger risks are dramatically -- I should say, fully -- hedged.](http://cdn.quoteddaily.com/images/alan-greenspan/i-believe-that-the-general-growth-in-large-financial-institutions-have-occurred-in-the-context-of-an-underlying-structure-of.jpg)
I believe that the general growth in large [financial] institutions have occurred in the context of an underlying structure of markets in which many of the larger risks are dramatically -- I should say, fully -- hedged.