Authors:
Quotes › Authors › M › Michael Lewis › The CDO was, in effect, a...

  • The CDO was, in effect, a credit laundering service for the residents of Lower Middle Class America. For Wall Street it was a machine that turned lead into gold.

    Michael Lewis
    Favorite
    Michael Lewis (2015). “The Big Short: Inside the Doomsday Machine (movie tie-in)”, p.88, W. W. Norton & Company
    Residents Quotes

Topics

create your own picture
The CDO was, in effect, a credit laundering service for the residents of Lower Middle Class America. For Wall Street it was a machine that turned lead into gold. - Michael Lewis
Embed:
Cite this Page: Citation

Popular Topics

Related Authors