On the recordMarch 17, 2009
if we would have had good regulators, we wouldn't be in the crisis we are in right now.
Said by
Jim Bunning
Source
congress.govif we would have had good regulators, we wouldn't be in the crisis we are in right now.
Bunning criticizes regulators for their role in the financial crisis.
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This is a stunning case, knowing that the SEC has changed hands and things, that they would not jump down this after the Madoff--Bernie--after his case hit the papers.
Is that not just kind of a transferring of what we cannot pay for and what our excesses are presently to my children and grandchildren? Is that not kind of a wealth transfer or a debt transfer?