"The CDO was, in effect, a credit laundering……" — Michael Lewis
"The CDO was, in effect, a credit laundering service for the residents of Lower Middle Class America. For Wall Street it was a machine that turned lead into gold."
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Michael Lewis
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64 Quotes by Michael Lewis
Michael Lewis has 64 quotes on this site.
A few more worth reading:
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Thirdly-but not lastly-there was the bias toward what people saw with their own eyes, or thought they had seen. The…
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Some coaches believed they could judge a player's performance simply by watching it. In this they were deeply mistaken. The…
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In Japan, mothers insist on achievement and accomplishment as a sign of love and respect. Thus to fail places children…
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When you're trying to create a career as a writer, a little delusional thinking goes a long way.
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He's a machine for competitive balance, ... Yes, the money is in New York. Yes, the money is in his…
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My client loved risk. Risk, I had learned, was a commodity in itself. Risk could be canned and sold like…
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It is the nature of being the general manager of a baseball team that you have to remain on familiar…
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One absolutely cannot tell, by watching, the difference between a .300 hitter and a .275 hitter. The difference is one…
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Above all, recognize that if you have had success, you have also had luck — and with luck comes obligation.…
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Baseball is this intense subculture that actually doesn't speak very much for the larger culture.
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Book tours are almost designed to beat out of an author any affection he has for his book.
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I don't think there is a national pasttime. Watching TV is a national pasttime. Really. If there is a national…
See all 64 quotes by Michael Lewis »
More America Quotes
This quote is filed under America Quotes,
one of 7,914 quotes in that category. Here are a few more:
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I guess I wanted to leave America for awhile. It wasn't that I wanted to become an expatriate, or just…
— Paul Auster
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What is going on in America is extreme. The youth cult, they worship youth so much it's almost paranoid. And…
— Billie Joe Armstrong
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My Latin temper blows up pretty fast, but it goes down just as fast. Maybe that's why you seldom hear…
— Desi Arnaz
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When bright young minds can't afford college, America pays the price.
— Arthur Ashe
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Today, the Iraqi citizen sees that America is coming and wants to occupy his country and kill him, and he…
— Bashar al-Assad
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Is there an equality of power between America and Iraq? Definitely not; however, the Iraqi people are standing fast and…
— Bashar al-Assad
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There's no lack of writers writing novels in America, about America. Therefore, it seems to me it would be wasteful…
— Chinua Achebe
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God bless the USA, so large, so friendly, and so rich.
— Wystan Hugh Auden
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You know there are no secrets in America. It's quite different in England, where people think of a secret as…
— Wystan Hugh Auden
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A tremendous number of people in America work very hard at something that bores them. Even a rich man thinks…
— Wystan Hugh Auden
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It's frightening how easy it is to commit murder in America. Just a drink too much. I can see myself…
— Wystan Hugh Auden
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If I can procure three hundred good substantial names of persons, or bodies, or institutions, I cannot fail to do…
— John James Audubon
See all 7,914 America Quotes »