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Thomas Frank Quotes: In the subprime mortgage industry, bankers handed out iffy loans like candy at a parade because such loans meant revenue and, hence, bonuses for executives in the here-and-now.
         

In the subprime mortgage industry, bankers handed out iffy loans like candy at a parade because such loans meant revenue and, hence, bonuses for executives in the here-and-now.


Thomas Frank
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Other quotes of Thomas Frank


In the last James Bond movie, the villain was a culture captain, a tycoon of culture, a Murdoch figure. It's not as if people don't know what is going on.

In the last James Bond movie, the villain was a culture captain, a tycoon of culture, a Murdoch figure. It's not as if people don't know what is going on.



For-profit higher education is today a booming industry, feeding on the student loans handed out to the desperate.

For-profit higher education is today a booming industry, feeding on the student loans handed out to the desperate.



Massive inequality, we have learned, isn't the best way to run an economy after all. And when you think about it, it's also profoundly ugly.

Massive inequality, we have learned, isn't the best way to run an economy after all. And when you think about it, it's also profoundly ugly.



Bad government is the natural product of rule by those who believe government is bad.

Bad government is the natural product of rule by those who believe government is bad.



When money is exchanged for pregnancy, some believe, surrogacy comes close to organ-selling, or even baby-selling.

When money is exchanged for pregnancy, some believe, surrogacy comes close to organ-selling, or even baby-selling.



Promises to get beyond partisanship are the most perfunctory sort of campaign rhetoric, almost as empty as the partisanship itself.

Promises to get beyond partisanship are the most perfunctory sort of campaign rhetoric, almost as empty as the partisanship itself.



I was in a bad mood when I wrote that.

I was in a bad mood when I wrote that.



I think there's great potential for autonomy, but we have to remember that we live in a world where people may have free will but have not invented their circumstances.

I think there's great potential for autonomy, but we have to remember that we live in a world where people may have free will but have not invented their circumstances.



What becomes fascinating is the way the culture industry doesn't deny it and doesn't try to mitigate it, but tries to sell its products as a way of liberating oneself.

What becomes fascinating is the way the culture industry doesn't deny it and doesn't try to mitigate it, but tries to sell its products as a way of liberating oneself.



These days, of course, the focus of talk about popular liberation through products is mostly associated with the Internet. I've been collecting computer ads and ads dealing with Internet industries.

These days, of course, the focus of talk about popular liberation through products is mostly associated with the Internet. I've been collecting computer ads and ads dealing with Internet industries.





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This is Simba, " Nicole said, pointing to the lion. "Is he dangerous?" Asked Chase."Not really. He mauled a trainer, but nothing much.

This is Simba, " Nicole said, pointing to the lion. "Is he dangerous?" Asked Chase."Not really. He mauled a trainer, but nothing much.




Well I do find the beauty in animals. I find beauty everywhere. I find beauty in my garden.

Well I do find the beauty in animals. I find beauty everywhere. I find beauty in my garden.



As a former high school teacher, I know that investing in education is one of the most important things we can do, not only for our children, but for the benefit of our whole community.

As a former high school teacher, I know that investing in education is one of the most important things we can do, not only for our children, but for the benefit of our whole community.



Next to the wicked lives of men, nothing is so great a disparagement and weakening to religion as the divisions of Christians.

Next to the wicked lives of men, nothing is so great a disparagement and weakening to religion as the divisions of Christians.



In psychoanalysis, only the fee is exactly what it seems to be.

In psychoanalysis, only the fee is exactly what it seems to be.



We call comeliness a mischance in the first respect, which belongs principally to the face.

We call comeliness a mischance in the first respect, which belongs principally to the face.



We have to learn everything we do.

We have to learn everything we do.




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This page presents the quote "In the subprime mortgage industry, bankers handed out iffy loans like candy at a parade because such loans meant revenue and, hence, bonuses for executives in the here-and-now.". Author of this quote is Thomas Frank. This quote is about bankers, revenue, mortgage, bonus, candy, executives, industry,.