The financial collapse of 2008 got its start with predatory mortgages, that werenโt sold by community banks and credit unions, they were sold by fly by night mortgage brokers who had almost zero federal oversight and then the big banks looked over, saw the profit potential and they wanted it bad. So they jumped in and sold millions of these terrible mortgages while the bank regulators just looked the other way.
Elizabeth WarrenAdjusted for inflation, somebody going to college today to a state university, is paying about 300 percent of what her mom or dad did just 30 years ago.
Elizabeth WarrenGood for Warren Buffett that he can afford to do that! Some people, sometimes, need to finance a purchase or rent a car, and a credit card becomes a necessity.
Elizabeth WarrenIf you want to find out how strong a company's ethics are, don't listen to what its people say, watch what they do.
Elizabeth Warren