Aug 4, 2009
He expected that they would. He asked that they keep in mind, as they did that, the fundamental goals that we all share to protect consumers.
Jim Bunning
The Public Record
Jim Bunning is a former United States Senator from Kentucky, serving from 1999 to 2011. A member of the Republican Party, Bunning was known for his strong conservative positions and advocacy for fiscal responsibility. Before his political career, he was a professional baseball player, notably a pitcher in Major League Baseball, where he was inducted into the Baseball Hall of Fame in 1987. Bunning's tenure in the Senate included a focus on issues such as energy policy and workers' compensation reform, often criticizing the Department of Energy's handling of compensation programs for workers.
congress.gov
Aug 3, 2009
The Fed would like to have the authority and the power to enforce. We gave you that 14 years ago--more than 14 years ago, actually.
Jul 28, 2009
By the time the second year came around, maybe the company would be in Chapter 11.
Jul 28, 2009
The fact that if I live in Kentucky, where I live, you want me to come in and say, the Federal Government should make the rules for every company in Kentucky.
Jul 28, 2009
Yes, but they are at the trough every time they have a problem, whether they are a finance company or whether they are an insurance company, whether they are an auto company.
Jul 28, 2009
I want to know what each of you think of that approach, of a mandatory opt in or opt out vote every few years to decide certain matters.
Jul 28, 2009
After all, we cannot legislate good judgment or ethics. And we already have the ultimate form of accountability through bankruptcy.
Jul 28, 2009
While we may be able to make some reforms that will promote good long-term performance and responsible behavior, we will not, I say, be able to prevent bad decisions or failures.
Jul 28, 2009
In general, pay should promote good long-term performance, and shareholders must share in the gain, not just executives and traders.