We [US government] have used our taxpayer dollars not only to subsidize these banks but also to subsidize the creditors of those banks and the equity holders in those banks. We could have talked about forcing those investors to take some serious hits on their risky dealings. The idea that taxpayer dollars go in first rather than last - after the equity has been used up - is shocking.
Elizabeth WarrenPart of my job is to make sense of all that I hear, and to retell it in a forceful way so that the decision-makers at Treasury can hear it. At least that's how I see it.
Elizabeth WarrenIf you have a choice between buying something and paying down your credit card, pay down your credit card.
Elizabeth WarrenIt's so easy to focus on what could go wrong, on what else you could do before you try the thing you really want to do. No. Just get out there and try.
Elizabeth Warren