If only the human body could handle trauma as well as biotechnology stocks do. Alex Berenson Read Quote
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. Alex Berenson Read Quote
The biggest profit center for investment banks is the hefty fees they charge for underwriting stock offerings and giving financial advice, and analysts put those profits at risk if they publish negative conclusions about the companies that pay the fees. Alex Berenson Read Quote
John W. Snow was paid more than $50 million in salary, bonus and stock in his nearly 12 years as chairman of the CSX Corporation, the railroad company. During that period, the company’s profits fell, and its stock rose a bit more than half as much as that of the average big company. Alex Berenson Read Quote
