Political Quotes

Jim Bunning: It seems obvious to me that firms and traders will act more responsibly when they know they will face the consequences…

On the recordJuly 14, 2009
It seems obvious to me that firms and traders will act more responsibly when they know they will face the consequences of their actions, which is why bailouts breed more bailouts.
Said by
Jim Bunning

Editor's note · Context

Bunning emphasizes accountability in financial firms to prevent repeated bailouts.

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More from Jim Bunning

Aug 2, 2010

I have one more question. I just want to get it in before my time is up.

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Sep 21, 2010

You need a change in the law then.

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Sep 21, 2010

I mean, that to me is criminal negligence, and the sooner they get him before a U.S. court, the better I will like it.

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Sep 21, 2010

Let me get one thing straight. You are the Inspector General for the SEC, correct?

congress.gov