Investigating some of the largest subprime lenders - Wells Fargo, Countrywide, Ameriquest, Household Finance - I've seen how their terrible, toxic loans were closed by any means necessary and eventually packaged, sold as securities, and bet upon until they exploded and decimated our economy.
The US is not a superpower. The US is a financially dependent country that foreign lenders can close down at will. Washington still hasn’t learned this. American hubris can lead the administration and Congress into a bailout solution that the rest of the world, which has to finance it, might not accept.
The National Multifamily Housing Council, a trade association of apartment owners, managers, developers and lenders, has come to the defense of the interest deduction and other provisions favorable to the real estate industry, describing them as 'core principles' and promising a fight.
I like money. You like money. We need the money. But, money is not going to bring humanity and spiritualism into your life.
'Great Expectations' has been described as 'Dickens's harshest indictment of society.' Which it is. After all, it's about money. About not having enough money; about the fever of the getting of money; about having too much money; about the taint of money.
I don't think money can be understood through a lens limited to economics. And most books about money tell you the history of money, the instrument. But money is also an idea, one that we exchange to survive.
The President sends us a billion-page paper that shows how he would spend the money if he were spending the money. He doesn't have the authority to spend the money. He doesn't spend $1 of the money.
I have seen how payday lenders and check cashing outfits set up in towns around military bases to take advantage of young service members, whose starting salaries are barely over $20,000 per year.
I never cared about money because I never needed money, you know what I mean? When I was 12 to 17 I never saw any of the money, so the money never motivated me.
Cursed be he above all others Who's enslaved by love of money. Money takes the place of brothers, Money takes the place of parents, Money brings us war and slaughter.
Money was intended to be used in exchange, but not to increase at interest. And this term interest, which means the birth of money from money, is applied to the breeding of money because the offspring resembles the parent. Wherefore of all modes of getting wealth this is the most unnatural.
I don't save money. Save is a four letter word! I like to borrow money because I can get richer faster on borrowed money. I have what is called retained earnings, so I don't have to save money. If I need money, I will go out and borrow it.
Great Expectations [book by Charles Dickens] has been described as "Dickens's harshest indictment of society." Which it is. After all, it's about money. About not having enough money; about the fever of the getting of money; about having too much money; about the taint of money.
Obey thy parents, keep thy word justly; swear not; commit not with man's sworn spouse; set not thy sweet heart on proud array. * * * Keep thy foot out of brothels, thy pen from lenders' books.
I'm a prize fighter. Titles don't pay bills. I fight for money. I'm making money. They're making money. Everybody's making money. That's what this is all about.
I'm tired of hearing about money, money, money, money, money.
Akin to the idea that time is money is the concept, less spoken but as commonly assumed, that we may be adequately represented by money. The giving of money has thus become our characteristic virtue. But to give is not to do. The money is given in lieu of action, thought, care, time.
Money is human kind's greatest invention. Money doesn't discriminate. Money doesn't care whether a person is poor, whether a person comes from a good family, or what his skin color is. Anybody can make money.
My view on candidates on money is unless it's proven that the donor stole the money, the campaign keeps the money.
Character is money; and according as the man earns or spends the money, money in turn becomes character. As money is the most evident power in the world's uses, so the use that he makes of money is often all that the world knows about a man.
No other facet of American business is more corrupt, more intoxicated with illegality, more weakly regulated, and has a greater impact on poor and working people than debt collectors; not credit card companies or subprime mortgages, not even payday lenders.
My job is making money, helping other people make money. I am spending money, trying to make sure more people get rich, because you cannot spend a lot of money, right? So my job is spending money, helping others. This is a headache.
The Pentagon got fed up with its recruits getting ripped off by payday lenders and in 2007 got Congress to make it illegal to extend such loans to members of the military. But civilians remain fair game.
It is money, money, money! Not ideas, not principles, but money that reigns supreme in American politics.
Without concentration, a business will be ordinary in every respect, because it will have no presence, no inner force, no way to attract the people upon whom it depends for its very existence - employees, customers, suppliers, and lenders.
Credit card issuers and HELOC lenders are like fair-weather friends: They cozy up to you in good times, but when the economy heads south, they abandon you faster than Usain Bolt runs the 100 meters.
The best companies with the strongest credit ratings borrow like the United States: on a non-prioritized basis. This means that in the event of a default, all of their debts are of equal priority because lenders and creditors believe default is highly unlikely. And they spend considerable effort maintaining this status.
These settlements [Justice Department with lenders] include requirements that banks lend to minorities at below-market rates and, in effect, dish out cash to politically favored 'community groups.' It's a good bet that many of these loans will eventually go bad.
Ultimately, the success of America's market economy depends on trust. This includes trust between buyers and sellers, between lenders and borrowers, and between investors and the companies in which they invest.
People always think it's about money, money, money, but I just want to win trophies.
God, how impossible life is without money. Nothing can ever overcome it, it's everything when it's anything. How can I write in peace with endless worries of money, money, money? (“Disappearing Act”)
The U.S. dollar is in terminal decline. America is tragically bankrupt, unable to pay its lenders without printing the dollars to do so, and enmeshed in an economic depression. The clock is ticking until the dollar faces a crisis of confidence like every other bubble before it.
Once people know that you can spend the money and that you're willing to spend the money and that you're set up to spend the money in politics, then your threat to spend the money is as convincing as actually spending it.
One of the issues with some of these lenders is going to be, where will their provider of credit be when there's a crisis? That's why some of these smarter services, to support their operations, are courting more permanent capital. They want a source of longer-term funding that can survive a crisis.
Contrary to what most people think, bank money is much more important than state money. In Greece, for example, bank money makes up 84.26% of the total money supply.
Of course, the human part of you wants to take as much money as you see, but all money isn't good money.
Money nowadays is money; money brings office; money gains friends; everywhere the poor man is down.
[Lat., In pretio pretium nunc est; dat census honores,
Census amicitias; pauper ubique jacet.]
If you've got the money, you need people to make money with your money. And if you have the talent, you can always merchandise your talent to someone who's got the money and make money. There's two pieces to it: talent and money.
I've always treated money with respect, but I don't really think about money - I try to avoid it, because I don't like what money does to people. I find if you get too much money involved, people get corrupted.
I've never done anything for money, and that is why I got money. When you do stuff for money, you never get money.
Humans, being the only race to pay for living on this planet, have over the centuries become dependent on money. But what if money becomes a curse? Just like too little money can become a problem, so can too much money.
On a daily basis, you must take more care of your mind than just money, money, money!
The problem with fiat money is that it rewards the minority that can handle money, but fools the generation that has worked and saved money.
Save money; never rely on other people to lend you money. We call it having 'walking the streets' money - money in your back pocket or bank account that belongs to you.
Whenever money is in the game, it can suffocate anything and anyone else, and I think people have been misled by money, or the dream of money, or selling the dream that if you've made it money-wise, you've made a life. Which is a lie. You don't get happiness by money.
This is an extremely foolish and stupid and idiotic kind of attitude - to expect theatres to make money. Do the public schools make money? Do libraries make money? Does the zoo make money? D o the sewers make money? It's a community service.
There is no better way to earn money than to do the things that you love to do. Money can flow into your experience through endless avenues. It is not the choice of the craft that limits the money that flows - but only your attitude toward money.
The Bible teaches that we are to love people and use money, but we often get that reversed and you start loving money and using people to get more money. Money is simply a tool to be used for good.
Benjamin Franklin and the whole idea of a new attitude to money: "Time is money." He invented that idea. Before that, time wasn't money in the same way; in the medieval age it was regarded as sinful for money to be the object of your life.
Money is the last enemy that shall never be subdued. While there is flesh there is money or the want of money, but money is always on the brain so long as there is a brain in reasonable order.
I started out from a pretty modest background, so I always had a pretty good sense of money. I always had to work for my money, save my own money, I always bought my own stuff with my money... trying not to waste money unnecessarily.
Concentrate on your money. Try to hold your paper. It takes money to make money, so save your money, opportunites come.
I turn down invitations to do things for money. I have almost no interest in making money. Actually, I've acquired a fair amount of money that I will never live to spend. So earning money, in a way, depresses me, because I feel it's just piling up.
If you have "needing money" in your vibration, then you will keep attracting needing money. You have to find a way of being happy NOW, feeling good NOW, and being in joy NOW, without the money, because those great feelings are how you will feel with the money. Money doesn't bring happiness - but HAPPINESS BRINGS MONEY.
Money is the root of all evil.' Then we hear, 'A fool and his money are soon parted.' What are they talking about? If money is so evil, shouldn't it be, 'A wise man and his money are soon parted'? And another thing, how does a fool get money in the first place? I know some fools who have a lot of money, but they won't tell me how they got it, and I won't tell them.
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.
Peer-to-peer lenders originally sought to attract retail investors to its loan marketplace, but the lack of high-returning assets elsewhere in the market has made these platforms increasingly attractive to major asset managers and hedge funds.
Banks and other providers of credit to households have been competing vigorously to expand or protect their market share. In the process, lending standards have been progressively eroded so that lenders are now engaging in practices that would have been regarded as out of the question five or ten years ago.
Being first is more important to me [than earning money]. I have so much money. Whatever money is, it's just a method of keeping score now. I mean, I certainly don't need more money.
In Denmark we're so privileged. You get money to study, you get money if you're sick and you get money if your hand hurts. It's hard to be critical of people who are sick getting money, but in Denmark everyone gets money thrown at them and it makes them lazy.
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