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Top 9 Bethany McLean Quotes (2025 Update)

Bethany McLean Quote: “Building a portfolio around index funds isn’t really settling for the average. It’s just refusing to believe in magic.”
Bethany McLean Quote: “I think synergies are a lot like UFOs: Lots of people claim to have seen them, but few can actually prove they exist.”
Bethany McLean Quote: “The tale of Enron is a story of human weakness, of hubris and greed and rampant self-delusion; of ambition run amok; of a grand experiment in the deregulated world; of a business model that didn’t work; and of smart people who believed their next gamble would cover their last disaster – and who couldn’t admit they were wrong.”
Bethany McLean Quote: “He once gave a speech advising anyone who wanted to complete a power project to “get all the lawyers in one room, then shoot ’em – in the mouth, because it’s impossible to miss.”
Bethany McLean Quote: “Never, ever do the easy wrong instead of the harder right.”
Bethany McLean Quote: “No city embraced privatization more eagerly than Chicago, where I live.”
Bethany McLean Quote: “McKinsey partners tend to be designers of ditches, not diggers of ditches. When it comes to executing their lofty theories, well, consultants lean toward leaving those messy realities to the companies themselves.”
Bethany McLean Quote: “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 Quote: “The last and most painful irony is that the two longtime rival armies in the securitization market – the investment banks and the GSEs – would end up magnifying each other’s sins rather than keeping each other in check.”
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