Like many other banks and finance companies, Green Tree used a process called securitization to resell its home loans to outside investors. Green Tree grouped thousands of these small loans into a pool worth hundreds of millions of dollars.
Copy QuoteIt is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
Copy Quote View & ShareOur incomes are like our shoes; if too small, they gall and pinch us; but if too large, they cause us to stumble and to trip.
Copy Quote View & ShareUnder capitalism, man exploits man. Under communism, it's just the opposite.
Copy Quote View & ShareThe way to become rich is to put all your eggs in one basket and then watch that basket.
Copy Quote View & ShareAs sure as the spring will follow the winter, prosperity and economic growth will follow recession.
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