“What you lend is lost; when you ask for it back, you may find a friend made an enemy by your kindness. If you begin to press him further, you have the choice of two things - either to lose your loan or lose your friend.” IfsMayMadeTwoChoicesAsksLostLosesLossEnemyKindnessPressesTwo ThingsLoan Author:Plautus
“There is no question that a breakup of the euro would be very damaging, very costly, both financially and politically. And the biggest loss would be incurred by Germany. Germans have to bear in mind that, effectively, they have suffered practically no losses so far. Transfers have all been in the form of loans, and it is only when the loans are not repaid that real losses will be incurred.” MindRealWould BeFormLossBearsGermanyBreakupLoanTransfersEuro Author:George Soros
“The first chance you have to avoid a loss from a foolish loan is by refusing to make it; there is no second chance.” FirstsChanceLossFoolishLoanSecond ChanceNo Second Chances Author:Charlie Munger
“My life is on loan, like money borrowed from a bank. God is the lender, and He retains the right to call in the loan any time. Though I am responsible for taking care of it, I do not own this life; it is borrowed. Why should I fear its loss or the loss of anything else in this world when I must surrender it all anyway?” WorldShouldCareLife IsLossThis WorldResponsibleSurrenderThis LifeShould ILoanBorrowedLenders Author:James Dillehay
“In a speech at the just-concluded G20 summit in London, President Obama urged Americans not to let their fears crimp their spending. It would be unwise, he argued, for Americans to let the fear of job loss, lack of savings, unpaid bills, credit card debt or student loans deter them from making major purchases. According to the president, 'we must spend now as an investment for the future'....instead of saving for the future, we must spend for the future.” Would BeJobsPresidentLossStudentsSpeechMajorsBillsInvestmentCreditDebtSpendingLondonCardsSavingPresident ObamaLoanSummitSavingsCredit CardUnwiseStudent LoanCredit Card DebtJob Loss Author:Peter Schiff
“As the titanic losses were racking up, Fannie Mae's operators, Franklin Raines and Jamie Gorelick, disguised the catastrophe by orchestrating a $5 billion accounting fraud - all the while continuing to pressure banks to make absurd, politically correct loans and denouncing Republicans as enemies of the poor.” LossPoorEnemyRepublicanPressureBillionsAbsurdFraudContinuingCatastropheLoanAccountingFranklinPolitically CorrectJamieOperatorsMae Author:Ann Coulter
“In a crisis, stocks of financial companies are great investments, because the tide is bound to turn. Massive losses on bad loans and soured investments are irrelevant to value; improving trends and future prospects are what matter, regardless of whether profits will have to be used to cover loan losses and equity shortfalls for years to come.” YearsMatterUsedValuesTurnsLossCompanyCrisisInvestmentBoundsFinancialProfitMassiveTrendsTidesWhat MattersImprovingIrrelevantEquityLoanProspects Author:Seth Klarman
“The aim of promoting low down payments is to push prices back up so that fewer houses are going to be in negative equity and fewer people are going to walk away from the mortgages. That will save the from taking a loss on their junk mortgage loans.” PeopleHouseLossWalksLowsNegativeAimFewerEquityLoanPromotingPaymentJunkMortgage Author:Michael Hudson