A Quote by Richard Cordray

Debt collection is a market with real, persistent, and disturbing problems. — © Richard Cordray
Debt collection is a market with real, persistent, and disturbing problems.
The most serious problems lie in the financial sphere, where the economy's debt overhead has grown more rapidly than the 'real' economy's ability to carry this debt. [...] The essence of the global financial bubble is that savings are diverted to inflate the stock market, bond market and real estate prices rather than to build new factories and employ more labor.
Security tokens are going to give birth to a quadrillion dollar market. This is because we will see the tokenization of the world's fiat money, debt market, real estate, equities, and art.
It defies logic that protections against predatory debt collection practices don't apply to debt collectors hired by the federal government.
I'm very interested in the more grass-roots consequences of the economic meltdown: issues related to mortgage foreclosures, debt collection, and the practices of credit card companies and others who hold a lot of consumer debt.
I think a lot of people try to time the market when it comes to buying or selling a property or investing in real estate, but the real secret to real estate is not timing the market, but time in the market.
Debt collectors should be required to disclose the applicable statute of limitations in the body of their collection letters, in bold type. While it's not illegal to dun a consumer for an old debt, it is illegal to sue for one.
The cold, commercial word 'market' disguises its human character - a market is a collection of our aspirations, exertions, choices and desires.
All the consumer market mojo is with Apple and to a lesser extent BlackBerry. And yet, the real market momentum with operators and the real market momentum with device manufacturers seems to primarily be with Windows Mobile and Android.
I'm uncertain, with horror fans, when is disturbing just disturbing, and when is it fun disturbing?
Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises with debt spending
The only useful information about the market will be what I create through expeditions into the market, through testing and probing, trial and error, by selling real products to real people who pay real money.
While the deficit and debt are serious problems, I oppose solving these problems by raising taxes.
There is nothing to fear except the persistent refusal to find out the truth, the persistent refusal to analyze the causes of happenings...Fear [False Evidence Appearing Real] grows in darkness; if you think there's a bogeyman around, turn on the light.
There are few women in America that don't want to lose 5 pounds, but I refuse to let that thought dominate my life. And there are too many other real problems in the world - real obesity problems and real hunger problems - to worry that much about a few pounds that I'd like to lose.
The idea that debt is necessary for trade, and has to be forgiven, is consequent to the rise of a market economy. The idea that debt is wrong and should be punished is a feature of a moral economy.
Intelligence collection has been given an additional bureaucracy to correct the problems created by too much bureaucracy in intelligence collection.
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