About Quote by Tucker Carlson

On Wall Street, fraudulent schemes tend to thrive during economic booms, and to blow up when times turn tough.

— James Surowiecki

My looks arent going to help me explain mortgage-backed securities.

— Jenna Lee

“give you an example. A bank gives some poor schmuck a mortgage at 100% the value of his property. No deposit. The bank sells…

— Nick Stephenson

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

“in the brave new world of absolute markets, it is not only dangerously naive to trust your mortgage broker, but based on recent scandals…

— Charles R. Morris

“And to whom were these bundles of unrecognizably mashed-up mortgages ultimately sold? Quite often, to you and me. Our pension funds, municipalities, and money-market…

— Douglas Rushkoff

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

Securities based on risky mortgages are what toppled financial institutions but it was the government that made the mortgages risky in the first place,…

— Thomas Sowell

“bank gives some poor schmuck a mortgage at 100% the value of his property. No deposit. The bank sells the debt off to a…

— Nick Stephenson

Subprime mortgages, typically defined as those issued to borrowers with low credit scores, make up roughly the riskiest one-third of all mortgages.

— Michael Burry

Some borrowers are pretty damn good at fraud.

— Dan Gilbert

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