“Regulators are as good at protecting their turf — OK, maybe not quite as good, but they’re almost as good at protecting their turf — as the big financial firms are.” — Bethany McLean watch video
“Would this have happened if JPMorgan Chase had been smaller? Would (Dimon) have been able to see it if it had been smaller?” —Bethany McLean watch video
“I wish we could bring a little bit of the ugliness of the political debate into the business world because I think that would be healthier.” —Bethany McLean watch video
“I think part of the problem here is that everybody knew something was going on with this rate and it was just business as usual. People accepted the fraud because, ‘Hey, that’s the way we’ve always done it.’” —Bethany McLean watch video
“When you’re sold a derivatives contract or a mortgage, do you get to say, ‘Well, I’d like it to be based off of Libor or something else’? I mean, no.” —Bethany McLean watch video
“I think it shows you that where there’s a will there’s a way and unfortunately Wall Street has a will to subvert regulators’, or rather, Congress’ best intentions with the Volcker Rule. Seriously, this proves that what we need is [...] watch video
