Bond market Quote by Michael Lewis

“Mortgages were less about getting people into property than getting them into debt. Someone had to absorb the surplus supply of credit.”

— Douglas Rushkoff

“The sudden introduction of these magic mortgage bonds into the marketplace pushed most every major institutional investor in the world to suddenly become consumed…

— Matt Taibbi

“Did anyone of those bullish investors ever think what would happen to the Treasury market if the Fed ever became a net seller of…

— Ziad K. Abdelnour

“When Steve Eisman stumbled into this new, rapidly growing industry of specialty finance, the mortgage bond was about to be put to a new…

— Michael Lewis

“As we explore later in this chapter, virtually no asset, except for long-term U.S. Treasury bonds, served as an effective hedge against the sudden…

— Jeremy J. Siegel

I think any time you couple the term "Wall Street" with "bailout" or something like that, you know - I don't like what's going…

— Warren Buffett

“Our moral economy went bankrupt long before our financial one.”

— Steve Maraboli

“The U.S. financial markets had always been either corrupt or about to be corrupted.”

— Michael Lewis

A point must be repeated: only the pathological weakness of the financial memory...allows us to believe that the modern experience of…debt...is in any way…

— John Kenneth Galbraith

“Since the 1970S, financial innova­tions such as the securitisation of mortgage debt and the spreading of investment risks through the creation of derivative markets,…

— David Harvey

“short-term interest rates above long-term rates (which was called “inverting the yield curve”). Every time that happened, inflation-hedged assets and the economy went down.…

— Ray Dalio

“Goldman Sachs and other investment banks understood the ensuing problem so well that they began betting against the very mortgage-backed securities they were underwriting!”

— Douglas Rushkoff