Quotes About Guarantees

When Steve Eisman stumbled into this new, rapidly growing industry of specialty finance, the mortgage bond was about to be put to a new use: making loans that did not qualify for government guarantees. The purpose was to extend credit to less and less creditworthy homeowners, not so that they might buy a house but so that they could cash out whatever equity they had in the house they already owned.

The big fear of the 1980s mortgage bond investor was that he would be repaid too quickly, not that he would fail to be repaid at all. The pool of loans underlying the mortgage bond conformed to the standards, in their size and the credit quality of the borrowers, set by one of several government agencies: Freddie Mac, Fannie Mae, and Ginnie Mae. The loans carried, in effect, government guarantees; if the homeowners defaulted, the government paid off their debts.

For that purpose, partly as the result of Ranieri's persistent lobbying, two new facilities had sprung up in the federal government alongside Ginnie Mae. They guaranteed the mortgages that did not qualify for the Ginnie Mae stamp. The Federal Home Loan Mortgage Corporation (called Freddie Mac) and the Federal National Mortgage Association (called Fannie Mae) between them, by giving their guarantees, were able to transform most home mortgages into government-backed bonds.

To be sick, to be neurotic, if you like, is to ask for guarantees. The neurotic is the flounder that lies on the bed of the river, securely settled in the mud, waiting to be speared. For him, death is the only certainty, and dread of that grim certainty immobilizes him in a living death far more horrible than the one he imagines but knows nothing about.

In 2004, President Bush gave Prime Minister Sharon certain guarantees about American policy, but the Obama administration treated those as a kind of private letter having no binding policy impact.

By contrast, freedom of religion sparked controversy. When Benjamin Franklin revised the Declaration of Rights, he suggested no change in the right to bear arms clause yet unsuccessfully opposed the profession of faith required for assemblymen.94 Newspaper attacks on the religious guarantees and certain other matters were extreme and persistent, but bearing arms was not questioned.

In one month, the Small Business Administration does $1 billion of loans and guarantees for businesses; many of those are women-owned businesses.

Life is like therapy - real expensive and no guarantees.

A special case of thread confinement applies to volatile variables. It is safe to perform read-modify-write operations on shared volatile variables as long as you ensure that the volatile variable is only written from a single thread. In this case, you are confining the modification to a single thread to prevent race conditions, and the visibility guarantees for volatile variables ensure that other threads see the most up-to-date value. Because

Some of these agendas wanted me to quit, very simply, so they said "we have all the guarantees if you want to leave, and all the money and everything you want." Of course, you just ignore that.

We need a new model of social protection. Let us accept that jobs are not the magic solution - and that in a globalised market, job guarantees are a false promise. Let us accept flexible labour, too. But in return, let us have a society in which everybody has a right to basic security and a more equal access to other insurance-based schemes.

If love finds you again, don't fight it. Don't let grief hold you back. Love is a risk. There are no guarantees. But, in the end, it is always, always worth it.

We must check the inspirations that come to us in the depths of our own conscience against the revelation that is given to us with divinely certain guaranteers by those who have inherited in our midst the place of Christ's Apostles?by those who speak to us in the Name of Christ and as it were in His own Person. Qui vos audit me audit; qui vos spernit, me spernit.

The unsolicited promise is one of the most reliable signals because it is nearly always of questionable motive. Promises are used to convince us of an intention, but they are not guarantees. A

If the government controls, guarantees, channels, or directs investment, it is not capitalism. Pivotal to the investment process is interest rates. For entrepreneurs to control capital, interest rates must reflect its real cost rather than merely the cost of printing money. Otherwise the money printers will dominate investment.

Life gives you no guarantees. So, you love with all you have. And enjoy the time you're given. If not, what's it all for anyway?

Laurie: Besides marrying for love is vastly over-rated. There will be no guarantees that love will last. But a million dollars lasts a long time if you invest it properly

The fact that we're going through a crisis is an opportunity for Europe to be more coordinated and more integrated. We're actually talking about a European Monetary Fund or euro bonds, about guarantees for countries, about economic governance in the European Union. That shows the strength of Europe.

Majorities, as such, afford no guarantees for justice. They are men of the same nature as minorities. They have the same passions for fame, power, and money, as minorities; and are liable and likely to be equally - perhaps more than equally, because more boldly - rapacious, tyrannical and unprincipled, if intrusted with power.

William Bernstein, Ph.D., M.D., author of The Four Pillars of Investing, frequent guest columnist for Morningstar and often quoted in The Wall Street Journal: "An index fund dooms you to mediocrity? Absolutely not: It virtually guarantees you superior performance.

I've read in various media stories that my dad and I had demanded guarantees of playing time or that we didn't want to play at Florida. Nothing could be further from the truth. It was the exact opposite. We went in there and specifically said we weren't looking for guarantees.

I find that the Amazon comments often are exceptionally shrewd and insightful, so I'm not going to diss them. But you don't really have any guarantees that what you're reading wasn't written out of friendship or spite.

If you want guarantees in life, then you don't want life. You want rehearsals for a script that's already been written. Life by its nature cannot have guarantees, or its whole purpose is thwarted.

There are no guarantees. There are no promises, but there is you, and strength inside to fight for recovery. And always there is hope.