Subprime Mortgage 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. Only someone who has Asperger's would read a subprime mortgage bond prospectus,

Michael Lewis

#3. In the subprime mortgage industry, bankers handed out iffy loans like candy at a parade because such loans meant revenue and, hence, bonuses for executives in the here-and-now.

Thomas Frank

#4. Incredibly, at this critical juncture in financial history, after which so much changed so quickly, the only constraint in the subprime mortgage market was a shortage of people willing to bet against it.

Michael Lewis

#5. That eerie hissing you hear may well be the air beginning to seep out of the green energy bubble. The sound is similar to the pfffffft and sshhhhsssssp noises we heard in the early days of the dot-com bubble collapse or the subprime mortgage meltdown.

Terence Corcoran

#6. Unpleasant odor wafting from the subprime mortgage industry that Eisman had detected. These companies disclosed their ever-growing earnings, but not much else. One of the many items they failed to disclose was the delinquency rate of the home loans they were making.

Michael Lewis

#7. I don't see (subprime mortgage market troubles) imposing a serious problem. I think it's going to be largely contained.

Henry Paulson

#8. Best definition of "investing" is "gambling with the odds in your favor." The people on the short side of the subprime mortgage market had gambled with the odds in their favor. The people on the other side - the entire financial system, essentially - had gambled with the odds against them.

Michael Lewis

#9. The Germans made just about every bad investment you could have made. They invested in Icelandic banks. They invested in Greek government bonds. They were heavy into Irish banks, big into Irish banks, and they bought U.S. subprime mortgage bonds.

Michael Lewis

#10. University administrators are the equivalent of subprime mortgage brokers selling you a story that you should go into debt massively, that it's not a consumption decision, it's an investment decision. Actually, no, it's a bad consumption decision. Most colleges are four-year parties.

Peter Thiel

#11. The ultimate ends of the activities of reasonable beings are never economic. Money is one of the greatest instruments of freedom ever invented by man.

Friedrich Hayek

#12. Yeah, I will. Why do you
care so much all of a sudden?"
Cade shrugged. "I don't have anything else to do. And like I said ... you and Lark and this ranch
are all I have. Makes you cling to things tighter when you realize how easy it is to lose them.

Maisey Yates

#13. Long Beach Savings was the first existing bank to adopt what was called the "originate and sell" model. This proved such a hit - Wall Street would buy your loans, even if you would not! - that a new company, called B&C mortgage, was founded to do nothing but originate and sell.

Michael Lewis

#14. Both had trouble generating conviction of their own but no trouble at all reacting to what they viewed as the false conviction of others.

Michael Lewis

#15. I struggled with being a Latino growing up in Los Angeles. I felt very American. I still do. I went to 35 bar mitzvahs before I went to a single quinceanera. I could talk all day about my culture and what it means to me.

America Ferrera

#16. I went looking for a legend and found a lizard. A fascinating lizard, but a lizard just the same.

Patrick Rothfuss

#17. I don't know nothing about nothing.

Danny Bautista

#18. They had stumbled either upon a serious flaw in modern financial markets or into a great gambling run. Characteristically, they were not sure which it was. As Charlie pointed out, It's really hard to know when you're lucky and when you're smart.

Michael Lewis

#19. What the mortgage bubble was all about was big banks like Goldman Sachs taking big bundles of subprime mortgages that were lent out largely to low-income, highly risky borrowers, and applying this kind of magic-pixie-dust math to these bundles of securities and slapping AAA ratings on them.

Matt Taibbi

#20. Yeah, I am a little bit, and I think it is a natural progression of the sport, of going upwards in technical ability and everything like that.

Brian Boitano

#21. That you've got to do anything that you feel is precious. I especially believe that about cultures and languages. You've got to be really conscious because time is running out.

Gwenno

#22. Hey, precious." A pretty brunette slid to Tristan's side out of the blue.
Precious? Who does she think she is? Gollum?

Tatiana Vila

#23. I can loop my tongue into multiple rolls.

Jamie-Lynn Sigler

#24. But slowly, it happened everywhere, in the West and in the East as well, that the journey to wisdom through suffering became a global art form.

Andrew Ramer