Financial Crisis Quotes

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The people who would praise you for living lavishly, would be the same ones to laugh at you if your were to find yourself in the pit of financial crisis.

Financial Crisis Quotes: "Imagine the big rating agencies as three competitive saloons standing side by side, with each free to set its own drinking age. Before long, nine-year-olds would be downing bourbon"

Imagine the big rating agencies as three competitive saloons standing side by side, with each free to set its own drinking age. Before long, nine-year-olds would be downing bourbon

Roger Lowenstein

Financial Crisis Quotes: "Hedge funds have made massive leveraged credit bets, knowing that their upside is billions in fees and their downside is millions in fees."

Hedge funds have made massive leveraged credit bets, knowing that their upside is billions in fees and their downside is millions in fees.

Janet M. Tavakoli, Structured Finance and Collateralized Debt Obligations: New Developments in Cash and Synthetic Securitization

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