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Bethany McLean

Editor United States 1970–present

11 quotes in the archive

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Before Enron, I think people were a bit more naive about the way things worked, and I think Enron pulled the curtain back on unsavoury practices that turned out to be a lot more widespread.
Bethany McLean
Privatization of assets that most of us consider public goods - like airports and highways - has a long, often-uncontroversial history.
Bethany McLean
What's good for the financial industry probably isn't good for you.
Bethany McLean
Capital isn't this pile of money sitting somewhere; it's an accounting construct.
Bethany McLean
Proponents of privatization argued that cities and states needed private capital to fund all the upgrades that our decaying infrastructure so desperately needed.
Bethany McLean
Home ownership was the fig leaf for the rise in subprime lending. But that was really about cash-out refinancings, not buying homes.
Bethany McLean
Google worries - and rightly so - about how hard it is for a big company to come up with the next hot thing.
Bethany McLean
When Warren Buffett invests in a company, he is conferring upon that company something very unique: his credibility.
Bethany McLean
The worst story I ever wrote was after the conviction of Jeff Skilling and Ken Lay. My co-author and I wrote a piece for 'Fortune' saying everything's going to be different now.
Bethany McLean
In capital we trust. Capital is our savior, our holy grail, our fountain of youth, or at least health, for banks.
Bethany McLean
I'm not a big believer in the power of more regulation to fix things. I think it can almost be more dangerous because it provides the illusion that things have been fixed without the substance.
Bethany McLean