Elizabeth Warren
Elizabeth Warren
Elizabeth Ann Warren is an American academic and politician. She is a member of the Democratic Party, and is the senior United States Senator from Massachusetts. Warren was formerly a professor of law, and taught at the University of Texas School of Law, the University of Pennsylvania Law School, and most recently at Harvard Law School. A prominent scholar specializing in bankruptcy law, Warren was among the most cited in the field of commercial law before starting her political career...
NationalityAmerican
ProfessionPolitician
Date of Birth22 June 1949
CityOklahoma City, OK
CountryUnited States of America
I was a Republican because I thought that those were the people who best supported markets. I think that is not true anymore. I was a Republican at a time when I felt like there was a problem that the markets were under a lot more strain. It worried me whether or not the government played too activist a role.
It is easy when you are successful to think that you did it all by yourself and to forget that you didn't. You got here because a lot of things broke your way. You were lucky enough to be born into a family that could afford to take care of you well.
Other countries around the world make employees and retirees first in the priority. For example, in Mexico, the bankruptcy laws say if a company wants to go bankrupt... obligations to employees and retirees will have a first priority. That has an effect on every negotiation that takes place with every company in Mexico.
People with banking experience haven't all flocked to the biggest banks; community banks and regional banks, along with smaller trading houses and credit unions, have some very talented people.
There's a lot of talk coming from Citigroup about how Dodd-Frank isn't perfect. Let me say this to anyone who is listening at Citi: I agree with you. Dodd-Frank isn't perfect. It should have broken you into pieces.
Big corporations have money and power to make sure every rule breaks their way; people have voices and votes to push back.
All I can say is I was a lot more discreet as a candidate than I was in real life. Can I say that? Maybe it's indiscreet to talk about discretion.
Consumer banking - selling debt to middle class families - has been a gold mine.
Even families with health insurance are quite vulnerable to a severe economic reversal if someone gets sick.
For many women, the on-time payments of domestic support obligations are essential to economic survival.
Homeowners refinance their loans when interest rates go down. Businesses refinance their loans.
I graduated law school nine months pregnant and didn't take a job.
I had to make a choice - recede into the academic world, or wade into politics.
I never sought nor gained personal benefit in school or job applications based on my heritage.