Author: Bethany McLean

Quotes

Home ownership was the fig leaf for the rise in subprime lending. But that was really about cash-out refinancings, not buying homes.

Home ownership was the fig leaf for the rise in subprime lending. But that was really about cash-out refinancings, not buying homes.

- Bethany McLean

Capital isn't this pile of money sitting somewhere; it's an accounting construct.

Capital isn't this pile of money sitting somewhere; it's an accounting construct.

- Bethany McLean

What's good for the financial industry probably isn't good for you.

What's good for the financial industry probably isn't good for you.

- Bethany McLean

In capital we trust. Capital is our savior, our holy grail, our fountain of youth, or at least health, for banks.

In capital we trust. Capital is our savior, our holy grail, our fountain of youth, or at least health, for banks.

- Bethany McLean

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