Phrase by 'Bethany McLean'
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Privatization of assets that most of us consider public goods - like airports and highways - has a long, often-uncontroversial history.
Author: Bethany McLean - American EditorLong , Like , History , Us
When Warren Buffett invests in a company, he is conferring upon that company something very unique: his credibility.
Author: Bethany McLean - American EditorSomething , Unique , Company , Credibility
Home ownership was the fig leaf for the rise in subprime lending. But that was really about cash-out refinancings, not buying homes.
Author: Bethany McLean - American EditorHome , Ownership , Rise , Leaf
The big banks advise cities about whether privatization is a wise choice. They also control the ability of states and cities to access the market for their financing needs.
Author: Bethany McLean - American EditorBig , Control , Choice , Wise
Capital isn't this pile of money sitting somewhere; it's an accounting construct.
Author: Bethany McLean - American EditorMoney , Sitting , Somewhere , Accounting
I'm not a big believer in the power of more regulation to fix things. I think it can almost be more dangerous because it provides the illusion that things have been fixed without the substance.
Author: Bethany McLean - American EditorThink , Power , Dangerous , Illusion
In capital we trust. Capital is our savior, our holy grail, our fountain of youth, or at least health, for banks.
Author: Bethany McLean - American EditorTrust , Youth , Health , Fountain
What's good for the financial industry probably isn't good for you.
Author: Bethany McLean - American EditorYou , Good , Industry , Financial
Fixing Fannie Mae and Freddie Mac in isolation, without looking at the big picture, would be short-sighted.
Author: Bethany McLean - American EditorLooking , Big , Picture , Isolation
Proponents of privatization argued that cities and states needed private capital to fund all the upgrades that our decaying infrastructure so desperately needed.
Author: Bethany McLean - American EditorOur , Infrastructure , Fund , Privatization
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