Collateralized Quotes

#1. The same system that once gave us subprime mortgage collateralized debt obligations no investor could possibly truly understand now gave us stock market trades that occurred at fractions of a penny at unsafe speeds using order types that no investor could possibly truly understand.

Michael Lewis

#2. The collateralized debt obligation, the CDO, is a structure which allows you to more or less continuously choose how much risk you want to take in a whole batch of securities. And the reason why they got us into so much trouble is that it's hard to figure out how much risk you really are taking.

Robert F. Engle

#3. You've seen certain credit type products that are going to be in nonbanks, like sophisticated CLO [collateralized loan obligation] tranches and stuff where the capital charge is so high that a bank simply will not own it. Someone will buy it, hedge it, trade it. But it won't typically be a bank.

Jamie Dimon

#4. The people who did the collateralized mortgage obligations, sold them to pension funds, then sold them short, then bought credit default swap insurance on them, are just amazing. They are a law unto themselves.

Ben Stein

#5. Repose not trust in testing another's degree of honesty at the risk of one's loss in matters big, unless collateralized.

Firoozeh Dumas

#6. agencies began to downgrade scores of RMBS CDOs (short for 'residential mortgage-backed security collateralized debt obligations', the very term testifying to the over-complex nature of these products).

Niall Ferguson

#7. I just gravitate to those more testosterone-filled sort of parts than me playing something a bit more fairy-like.

Jason Statham

#8. No hurry, she thought, a warmth growing inside. All the best wines took time.

Ally Shields

#9. Of course, as someone once observed, there is no right way to do something wrong,

Frank W. Abagnale

#10. To believe a thing is to see the cool crystal water sparkling in the cup. But to meditate on it is to drink of it. Reading gathers the clusters; contemplation squeezes forth their generous juice.

Charles Spurgeon

#11. The Movies have always been here. The Movies were here before God. Time is round like a reel of film. God hates the Movies because the Movies are the evidence of what He's done.

Steve Erickson

#12. There is something heroic, inexplicable, and otherworldly in every love story.

Erin McCahan

#13. Don't you 'Kitten' me!

Amy A. Bartol

#14. I've never been much of a craftsman, in an educated way. But I think just the experience of writing makes the avenues I follow a little more efficient in some ways. At the same time, when you're young, you're a little more fearless, and there's less of an internal critic.

Dave Matthews

#15. Politics is the art of the possible; creativity is the art of the impossible.

Ben Okri

#16. Future shock is the shattering stress and disorientation that we induce in individuals by subjecting them to too much change in too short a time.

Alvin Toffler

#17. There are no two things as important to us in life and in art as being threatened and being saved. What are ideals of form for if we aren't going to be made to fear for them? All our ingenuity is lavished on getting into danger legitimately so that we may be genuinely rescued.

Robert Frost

#18. I don't think I thought I was going to go into music, and I don't think it hit me until I was 13 or 14, and then I was gone. Just like that. At that point, there was nothing else that could keep my attention.

Shooter Jennings

#19. I like chicken a lot because chicken is generous - that is to say, it's obedient. It will do whatever you tell it to do.

Maya Angelou

#20. One of the tragedies of the Bush administration is that we went back to business as usual, make a deal with the Democrats, let's all be friends in Washington philosophy.

Pete Du Pont