Securitized Quotes & Sayings

Jock, when ye hae naething else to do, ye may be aye sticking in a tree; it will be growing, Jock, when ye 're sleeping. — Walter Scott

One third of the $15 trillion of mortgages in existence in 2008 are owned, or securitized by Fannie Mae, Freddie Mac, Ginnie Mae, the Federal Housing and the Veterans Administration. Wall Street buyers of repackaged loans didn't mind buying risky paper because they assumed that they would be guaranteed by the federal government: read bailout from the taxpayers. Today's housing mess can be laid directly at the feet of Congress and the White House. — Walter E. Williams

Financial innovation can be highly dangerous, though almost no one will tell you this. New financial products are typically created for sunny days and are almost never stress-tested for stormy weather. Securitization is an area that almost perfectly fits this description; markets for securitized assets such as subprime mortgages completely collapsed in 2008 and have not fully recovered. Ironically, the government is eager to restore the securitization markets back to their pre-collapse stature. — Seth Klarman

The hegemony of finance and the banks has produced the indebted. Control over information and communication networks has created the mediatized. The security regime and the generalized state of exception have constructed a figure prey to fear and yearning for protection - the securitized. And the corruption of democracy has forged a strange, depoliticized figure, the represented. These subjective figures constitute the social terrain on which - and against which - movements of resistance and rebellion must act. — Michael Hardt

Infidelity is a deal breaker for me. I've broken up with people over it. You can't do monogamy 90 percent of the time. — Alanis Morissette

I don't think that there would be more users if drugs were legalized. — Roman Polanski

Imperceptibly, the developed world's manufacturing base was gradually eroding and being replaced by securitized finance that destroyed itself and nearly its economies in 2008. — Bill Gross

I don't believe Iran is a suicide state. — John Abizaid

The U.S. population, a mere four or five percent of the world total, creates half the world's toxic waste. — Helen Caldicott

I've never been good with people. I've always preferred my lab. I like data. Data is consistent, it's steady, it's easy to understand. With data, you always know what the answer is. — Becky Chambers