Steve Eisman Quotes

Banks have done more injury to the religion, morality, tranquility, prosperity, and even wealth of the nation than they can have done or ever will do good.

The explosive growth of the for-profit school industry has had disastrous effects on millions of Americans and our economy.

The for-profit college industry is clearly the single-heaviest subsidized business in America. More than any defense contractor or any farm operation... So many of them are a horrible waste of students' time and of taxpayer dollars.

Navient/Sallie Mae treated student loan borrowers unfairly from start to finish.

In the subprime mortgage industry, bankers handed out iffy loans like candy at a parade because such loans meant revenue and, hence, bonuses for executives in the here-and-now.

There have been a lot of critiques of the finance industry's having possibly foisted subprime mortgages on unknowing buyers, and a lot of those kinds of arguments are even more powerful when used against college administrators who are probably in some ways engaged in equally misleading advertising.

People who work in financial services don't have one shred of concern about the well-being of the people they serve. They're only interested in themselves.

I am always loath to use the world 'evil,' but if 'evil' is the reverse of 'live,' Guy de Rothschild is thoroughly evil. He stands for the opposite of life.

For too long, Americans have fallen victim to financial abuses at the hands of predatory lenders that operate in the shadows.

Faffing is completely harmless, whereas its opposite - dynamic, purposeful activity - is often very harmful. Faffers do not tend to kill people or make them work 12-hour days or sell them shoddy merchandise or lend them vast sums of money that they cannot pay back.

Banking was conceived in iniquity and born in sin.

It is a certainty that Herbalife is a pyramid scheme. We believe it's harming a population of low-income, principally Hispanic people in the U.S. to benefit a handful of super wealthy people at the top of the pyramid.

What Wall Street and credit card companies are doing is really not much different from what gangsters and loan sharks do who make predatory loans. While the bankers wear three-piece suits and don't break the knee caps of those who can't pay back, they still are destroying people's lives.

I hate banks. They do nothing positive for anybody except take care of themselves. They're first in with their fees and first out when there's trouble.

The houses were built to sell. That they killed the tenants was no concern of the builder’s.

Every day seems to bring news about another for-profit college scam. Hundreds of thousands of students have been deceived, misled, and harassed into enrolling at these schools where they end up with a mountain of debt and a worthless degree.

There were absolutely circumstances where Sallie Mae was working hand-in-hand with for-profit schools and other schools in offering and putting students into risky expensive subprime loans.

If you lose your house and your life savings to a broker, you'd probably throw them in the same category as the worst gangsters in history. Everybody's definition of carnage and evil is different.

We should make sure that unscrupulous schools do not prey on uninformed students, leaving them with high debt and useless degrees.

Navient's actions have led to student borrowers needlessly carrying billions of dollars in debt, and the company must be held accountable.

Do I miss shoes? I miss the designing, but I don't miss the fashion industry. Those people eat their children.

There's nothing normal about graduating with massive student debt, where you live in fear of predatory debt collectors and wage garnishers even as you are starting to live your life.

A lot of the problems in the mortgage world, people said, were because our competitors were evil. But a lot of it was a lack of technology - bad processes and systems.

Too often, borrowers who need quick cash end up trapped in loans they can't afford.

People 'demand' the opportunity to gamble away money they do not have, just like people 'demand' money from loan sharks at extortionate interest rates. This is a warped, empty type of freedom, in which the powerful are free to exploit the vulnerable.