Management Quote by Ben Bernanke

No one pushed harder than Congressman Barney Frank to force banks and other financial institutions to reduce their mortgage lending standards, in order to…

— Thomas Sowell

Efforts to promote financial stability through adjustments in interest rates would increase the volatility of inflation and employment. As a result, I believe a…

— Janet Yellen

The securitisation of mortgages added a new dimension of systemic risk. Financial engineers claimed they were reducing risks through geographic diversification: in fact they…

— George Soros

Overhauling the regulatory and supervisory environment will encourage more lending and reinvigorate banks.

— Scott Bessent

Today the strategies of many companies in the real estate industry are premised on low interest rates, an assumption that has resulted in the…

— Akira Mori

“We were taking out mortgages we couldn’t afford because they were camouflaged to look as if we had a reasonable chance of paying them…

— Douglas Rushkoff

“Dodd-Frank is the most restrictive financial regulation since the Great Depression—but it won’t stop another bubble.”

— Ziad K. Abdelnour

What the mortgage bubble was all about was big banks like Goldman Sachs taking big bundles of subprime mortgages that were lent out largely…

— Matt Taibbi

“The idea, in the wake of the savings-and-loans disaster, was to spread risk outward from those immediately involved in lending to mortgage borrowers and…

— Adam Tooze

“The securitization of mortgages was not new; its explosion after 2000 was the result of three deregulating policy decisions: the repeal in 1999 of…

— Robert Skidelsky

The mortgage crisis is a clear instance of consumers who needed protection. There was predatory lending to people who didn't know what they were…

— Nassim Nicholas Taleb

I think the millions of people who had been able to renegotiate their mortgages so they are paying lower interest rates are better off.

— David Axelrod