On the recordJuly 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.
Said by
Jim Bunning
Source
congress.govWhile 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.
Bunning emphasizes the limits of legislative reforms in preventing corporate failures.
Share
More from Jim Bunning
Five weeks is a pretty good time to be able to read the report and, according to the Inspector General, redact those things that should not be made public.
Are the Fed and the GSEs going to aggressively pursue pull-back of mortgages to the originators and investment banks to reduce taxpayer losses?