Quotes & Sayings About Underwriting

Underwriting, an odious but not illegal practice. When a claim — John Grisham

Stronger regulation and supervision aimed at problems with underwriting practices and lenders' risk management would have been a more effective and surgical approach to constraining the housing bubble than a general increase in interest rates. — Ben Bernanke

The biggest profit center for investment banks is the hefty fees they charge for underwriting stock offerings and giving financial advice, and analysts put those profits at risk if they publish negative conclusions about the companies that pay the fees. — Alex Berenson

For some reason, I have always had a really good ability to write children in a way that's realistic but not annoying. The key to that is underwriting them: peel back the dialogue and keep it simple. — Jeff Lemire

In the fog of history and myth, the American role in championing and underwriting European integration is frequently forgotten, along with the resistance of the Europeans. — George Friedman

One of their most famous coups was underwriting a $10 million loan for a growing mail-order house called Sears, Roebuck, headed by Goldman's distant relative. It was the first time a mail-order security had ever been on the market-a calculated risk, but one that paid off. — Kenneth L. Fisher

While the stoning of children for heresy has fallen out of fashion in our country, you will not hear a moderate Christian or Jew arguing for a "symbolic" reading of passages of this sort. [ ... ] it is only by ignoring such barbarisms that the Good Book can be reconciled with life in the modern world. This is a problem for "moderation" in religion: it has nothing underwriting it other than the unacknowledged neglect of the letter of the divine law. — Sam Harris

Investment bankers do much of their business underwriting government bonds, in the United States and abroad. Therefore, they have a vested interest in promoting deficits and in forcing taxpayers to redeem government debt. — Murray Rothbard

We are writing in the age of stylish minimalism that in truth has become even more cautious because of word processing. Nowadays, creative writing students are underwriting rather than overdoing it. — Stephen Kuusisto

Which lawyer drafts the contract is often dictated by custom: financing agreements are drafted by lenders' counsel; acquisition agreements are drafted by purchaser's counsel; underwriting agreements are drafted by underwriter's counsel; employment contracts are drafted by employers' counsel; security agreements are drafted by secured party's counsel. The underlying principle is that the party with the most leverage or with the most to lose from an inadequately drafted contract will do the drafting. — Charles M. Fox

The Treasury's plan has little for those outside of the financial industry. It is aimed at rescuing the same financial institutions that created this crisis with the sloppy underwriting and reckless disregard for the risk they were creating, taking or passing on to others. — Richard Shelby

Underwriting is probably the smallest part of our business. — Warren Stephens

Goldman Sachs and other investment banks understood the ensuing problem so well that they began betting against the very mortgage-backed securities they were underwriting! — Douglas Rushkoff