“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 followed our own policy, and whatever there was that might have been of interest to somebody… — Bethany McLean Copy Share Image
“People also felt that a great crime had been committed, yet there was not going to be a great punishment.” — Bethany McLean Copy Share Image
In capital we trust. Capital is our savior, our holy grail, our fountain of youth, or at least health, for banks. — Bethany McLean Copy Share Image
“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 Copy Share Image
When Warren Buffett invests in a company, he is conferring upon that company something very unique: his credibility. — Bethany McLean Copy Share Image
“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 Copy Share Image
What's good for the financial industry probably isn't good for you. — Bethany McLean Copy Share Image
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 Copy Share Image
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 Copy Share Image
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 Copy Share Image
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 Copy Share Image
Capital isn't this pile of money sitting somewhere; it's an accounting construct. — Bethany McLean Copy Share Image
... 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 Copy Share Image
