Broads Quote by Ben Bernanke

What caused the economic collapse 2008? It was the subprime mortgage crisis.

— Rush Limbaugh

The impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained.

— Ben Bernanke

What began as a subprime lending problem has spread to other, less risky mortgages and contributed to excess home inventories that have pushed down…

— Henry Paulson

Incredibly, at this critical juncture in financial history, after which so much changed so quickly, the only constraint in the subprime mortgage market was…

— Michael Lewis

I don't see (subprime mortgage market troubles) imposing a serious problem. I think it's going to be largely contained.

— Henry Paulson

Between the Community Redevelopment Act, requiring banks to make what I would call very weak loans, and specific quotas that the Congress imposed on…

— Wilbur Ross

In June 2005, mortgage rates were at 40-year lows, and risk premiums on mortgage securities were at all-time lows. Once the banks migrated to…

— Michael Burry

Economists did something even better than predict the crisis. We correctly predicted that we would not be able to predict it.

— William Easterly

The Nasdaq bubble and crash were followed by the real estate bubble then subprime crash, which led to the unprecedented printing of trillions of…

— Robert Kiyosaki

Let us not forget, the financial crisis had its roots in the decision by Congress to embark on a course of social justice to…

— Ed Royce

The subprime disaster was a result of financial bombs - derivatives - exploding in financial institutions such as AIG and Lehman Brothers, as well…

— Robert Kiyosaki

The biggest culprits in the housing fiasco came from the private sector, and more specifically from a mortgage industry that was out of control.

— Anonymous