7 Quotes by Scott MacDonald

The credit cycle likely peaked last year. But we aren't looking at a sharp drop down, rather a long sloping hillside.

You have to know what you're buying in to. Hybrid securities are going to be the most sensitive to any bad times in the credit markets.

These deals are still relatively new to the market. People may be a little more nervous about where hybrids are headed.

A factor on everyone's minds is the pipeline. Investors want to know what's coming up on the menu.

The banking industry is extraordinarily prepared, but there's no way to keep all operations up and running when they are under the water.

The Dow is up on the year and anything that has a positive spin to it certainly helps give you a better feel in the credit market. But the question is sustainability?

I'm suspicious that what's behind the academic call for doing away with athletic scholarships is a nostalgia for the good old days, which leaves out everyone but white Anglo-Saxon Protestants, ... world's biggest cocktail party.