Index funds Quotes by Bethany McLean

“People also felt that a great crime had been committed, yet there was not going to be a great punishment.”

— Bethany McLean

In capital we trust. Capital is our savior, our holy grail, our fountain of youth, or at least health, for banks.

— Bethany McLean

“unmistakable message to boardrooms across the country: You can’t lie to shareholders. You can’t put yourself in front of your employees’ interests. No matter…

— Bethany McLean

When Warren Buffett invests in a company, he is conferring upon that company something very unique: his credibility.

— Bethany McLean

“But “if it’s destroyed in the course of the normal policy and litigation is filed the next day, that’s great, you know, because we’ve…

— Bethany McLean

What's good for the financial industry probably isn't good for you.

— Bethany McLean

I'm not a big believer in the power of more regulation to fix things. I think it can almost be more dangerous because it…

— Bethany McLean

The worst story I ever wrote was after the conviction of Jeff Skilling and Ken Lay. My co-author and I wrote a piece for…

— Bethany McLean

Home ownership was the fig leaf for the rise in subprime lending. But that was really about cash-out refinancings, not buying homes.

— Bethany McLean

Proponents of privatization argued that cities and states needed private capital to fund all the upgrades that our decaying infrastructure so desperately needed.

— Bethany McLean

Capital isn't this pile of money sitting somewhere; it's an accounting construct.

— Bethany McLean

... skepticism about past returns is crucial. The truth is, much as you may wish you could know which funds will be hot, you…

— Bethany McLean