On the recordOctober 6, 2009
Without reform of bank capital standards, rating agencies, and housing subsidies like the GSEs, is there any way the private asset-backed security market will ever return?
Said by
Jim Bunning
Source
congress.govWithout reform of bank capital standards, rating agencies, and housing subsidies like the GSEs, is there any way the private asset-backed security market will ever return?
Bunning questions the return of the asset-backed security market without necessary reforms.
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