I can see this on Wall Street today - I can see this with the securitization of everything is that, everything is looked at as a securitization opportunity. People are looked at as commodities. I don't believe that our forefathers had that same belief.
Today the strategies of many companies in the real estate industry are premised on low interest rates, an assumption that has resulted in the rapid expansion of the real estate securitization business. This trend could be regarded as a risk factor, as it exposes the real estate sector to at least three potential problems: first, interest rate hikes; second, revisions to securitization business accounting standards; and third, overheating in the real estate market.
For my own part, I did not see and did not appreciate what the risks were with securitization, the credit ratings agencies, the shadow banking system, the S.I.V.’s — I didn’t see any of that coming until it happened.
This then, I thought, as I looked round about me, is the representation of history. It requires a falsification of perspective. We, the survivors, see everything from above, see everything at once, and still we do not know how it was.
In my childhood everything you heard, you could imagine what it looked like. Even singers that I would hear on the radio, I couldn't see what they looked like, so I imagined what they looked like. What they were wearing. What their movements were. Gene Vincent? When I first pictured him, he was a tall, lanky blond-haired guy.
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.
Panorama is the first word for landscape in Greek. It was about [how today] we see everything, we get to see everything, everything is shown to you whether you want it or not, but all of the time you only see fragments of reality. The big picture we really don't see; it's kind of hard to make it up.
It is good that the window should be transparent, because the street or garden beyond it is opaque. How if you saw through the garden too? It is no use trying to 'see through' [everything]. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.
Someday you'll find the place It's the place where love takes over hate Then you'll see all the things you do Affect everyone around you Then you'll see there's no fear at all You held my hand, we took down that wall As I looked at you with nothing to say Now I understand why you pushed me away I looked far and now I see That the only one I needed was me
Living on the street as a kid changed the way I looked at everything. It was a different time and while it had its dangers, it was nothing like it would be today. It was the Summer of Love and there was a real sense of community among us. We were hippies who looked out for each other instead of trying to rip each other off. We only had to watch out for the police who liked to roust us just on general principles, and the kids who came in from the suburbs to do a little hippie-bashing.
See that I am God. See that I am in everything. See that I do everything. See that I have never stopped ordering my works, nor ever shall, eternally. See that I lead everything on to the conclusion I ordained for it before time began, by the same power, wisdom and love with which I made it. How can anything be amiss?
They'd had fun, for sure. They laughed and enjoyed being together. But if she was painfully honest with herself, something was missing. Something in the way Tim looked at her. She remembered her mom's word. "I saw the way he looked at you...he adores you." Maybe that was it. Tim looked at her on a surface level. He smiled and seemed happy to see her. But When Cody looked at her, there were no layers left, nothing her didn't reveal, nothing he couldn't see. He didn't really look at her so much as he looked into her. To the deepest, most real places in her heart and soul.
Maybe we should shut Wall Street down for 24 hours, see how everybody who blames Wall Street for everything likes that. Maybe we should shut energy down for 24 hours, see how people like that.
The only stuff we looked at were incidents for which there are a paper trail ... (and) everything we looked up was full of lies. (Winfrey said) the belief this book is changing the lives of people trumps the fact that maybe the story is a fake. You would expect somebody in her position would take the ethical stand.
Wall Street shouldn't be deregulated. I think Wall Street and Main Street need to play by the same set of rules. The middle-class can't carry the burden any longer, that is what happened in the last decade. They had to bail out Wall Street.
Everything that happens to us can be looked at as a gift. Although it's quite difficult when you're in the middle of a hard struggle with something, it's hard to see it as a gift, but in retrospect, we can almost always look back and say, "Oh, I see why I had to go through that."
I looked at my hands to see if I was the same person. There was such a glory over everything. The sun came up like gold through the trees, and I felt like I was in heaven.