In the absence of regulation and transparency, pensions should think long and hard about their alternative investments before retaining or allocating even greater amounts to these managers.

FORBES: Time��s Running Out For America��s Pensions (May 1, 2003 )

Nevertheless, we are not going to achieve these common goals and successfully bring China, Russia and others into Western political institutions and financial and trading systems in the absence of adequate discipline, transparency and conditionality with regard to U.S. financing of prospective adversaries or those who would aid and abet them.

CENTERFORSECURITYPOLICY: Testimony of Roger Robinson on market security

Unfortunately, in the absence of full data disclosure and transparency, no realistic answers can be given to these questions.

CENTERFORSECURITYPOLICY: Help With Soviet Conversion Is Risky