"Home ownership was the fig leaf for the……" — 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."
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Bethany McLean
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12 Quotes by Bethany McLean
Bethany McLean has 12 quotes on this site.
A few more worth reading:
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The last and most painful irony is that the two longtime rival armies in the securitization market - the investment…
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Building a portfolio around index funds isn’t really settling for the average. It’s just refusing to believe in magic.
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In capital we trust. Capital is our savior, our holy grail, our fountain of youth, or at least health, for…
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Fixing Fannie Mae and Freddie Mac in isolation, without looking at the big picture, would be short-sighted.
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When Warren Buffett invests in a company, he is conferring upon that company something very unique: his credibility.
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The big banks advise cities about whether privatization is a wise choice. They also control the ability of states and…
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Privatization of assets that most of us consider public goods - like airports and highways - has a long, often-uncontroversial…
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Proponents of privatization argued that cities and states needed private capital to fund all the upgrades that our decaying infrastructure…
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No city embraced privatization more eagerly than Chicago, where I live.
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Before Enron, I think people were a bit more naive about the way things worked, and I think Enron pulled…
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Google worries - and rightly so - about how hard it is for a big company to come up with…
See all 12 quotes by Bethany McLean »
More Buying Quotes
This quote is filed under Buying Quotes,
one of 804 quotes in that category. Here are a few more:
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If stock market experts were so expert, they would be buying stock, not selling advice.
— Norman Ralph Augustine
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Buying is a profound pleasure.
— Simone de Beauvoir
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If you're not buying recycled products, you're not really recycling.
— Ed Begley, Jr.
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In the old days, you would have one lawyer to handle everything: speeding tickets, buying a house, contracts, litigation, real…
— James Belushi
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When people come to my act any time after Thanksgiving, I usually say, You shouldn't be here. You should be…
— Lewis Black
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Get your friends together, go to your local bookstore and have a book-buying party.
— Roy Blount, Jr.
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Collecting is more than just buying objects.
— Eli Broad
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Credit buying is much like being drunk. The buzz happens immediately and gives you a lift... The hangover comes the…
— Joyce Brothers
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Marrying an old bachelor is like buying second-hand furniture.
— H. Jackson Brown, Jr.
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When the farmer can sell directly to the consumer, it is a more active process. There's more contact. The consumer…
— Jerry Brown
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Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.
— Warren Buffett
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I have an expensive hobby: buying homes, redoing them, tearing them down and building them up the way they want…
— Sandra Bullock
See all 804 Buying Quotes »