Michael 1996 Quotes & Sayings

Back in 1996, 65 percent of subprime loans had been fixed-rate, meaning that typical subprime borrowers might be getting screwed, but at least they knew for sure how much they owed each month until they paid off the loan. By 2005, 75 percent of subprime loans were some form of floating-rate, usually fixed for the first two years. — Michael Lewis

I had already been into my professional career for six years and had not won an individual gold medal at the Olympics. There was a tremendous amount of pressure going into 1996 to get it done. — Michael Johnson

Ritualistic abuse refers to organised abuse that is structured in a ceremonial fashion, often incorporating religious or mythological iconography (McFadyen et al. 1993). The ritualistic activity is typically structured by 'deviant scriptualism', in which abusive groups parody traditional religious symbols and ritual practices (Kent 1993a, 1993b). The majority of cases of ritualistic abuse involve female victims and facilitation by parents (Creighton 1993, Gallagher et al. 1996), although early research on sexual abuse in child-care arrangements emphasised the presence of ritualistic abuse in some cases (Finkelhor and Williams 1988, Waterman et al. 1993). — Michael Salter