“I can't think of another enterprise other than being a homeowner that can't have its debt restructured in bankruptcy. Corporations can but a homeowner can't? Now with securitization the homeowner can't go to the owner of the loan and work things out.”
Quote by Eli Broad
Author
Eli Broad
Eli Broad is an American businessman and philanthropist who co-founded KB Home and The Broad private equity firm in the 1960s. He has been involved in various business ventures throughout his career, including real estate, finance, and technology. Broad is also known for his substantial philanthropic efforts, particularly in the areas of education and the arts. more
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