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— P. G. Wodehouse"The ideas of debtor and creditor as to what constitutes a good time never coincide."
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Julius Caesar owed two millions when he risked the experiment of being general in Gaul. If Julius Caesar had not lived to cross the Rubicon, and pay off his debts, what would his creditors have called Julius Caesar?
— Edward Bulwer-Lytton, 1st Baron Lytton
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RE: GSEs like Freddie Mac & Fannie Mae: "creditors will continue to underprice the risk-taking of these financial institutions, overfund them, and fail to provide effective market discipline Facing prices that are too low, systemically important firms will take on too much risk."
— Gary H. Stern
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