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We need the government to force the banks to write down all their bad assets now and then recapitalize themselves, preferably with private capital. Those banks that cannot raise sufficient capital should be seized and their deposits sold off.
Steve Eisman
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"We need the government to force the banks to write down all their bad assets now and then recapitalize themselves, preferably with private capital. Those banks that cannot raise sufficient capital should be seized and their deposits sold off."
— Steve Eisman #politicsgovernment

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We need the government to force the banks to write down all their bad assets now and then reca…

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We need the government to force the banks to write down all their bad assets now and then recapitalize themselves, preferably with private capital. Those banks that cannot raise sufficient capital should be seized and their deposits sold off. — Steve Eisman

About Steve Eisman

Steve Eisman was a Businessman from United States (1962–present).

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Who said "We need the government to force the banks to write down all their bad assets no…"?
This quote is attributed to Steve Eisman, a Businessman from United States.
When did Steve Eisman live?
Steve Eisman lived from 1962 – present.
What is this quote about?
This quote touches on Politics & Government. Browse more quotes on these themes from the categories page.