On the recordMarch 17, 2009
Then we would need one for about 25 major market banks, money market banks in New York City, one regulator each for each one, because those are the ones that are too big to fail.
Said by
Jim Bunning
Source
congress.govEditor's note · Context
Bunning highlighted the need for multiple regulators for large banks deemed too big to fail.
Share
More from Jim Bunning
Sep 21, 2010
Then why do you submit your reports to the SEC so they can redact anything, to prevent the public and our Committee from knowing exactly what you said in the report?
Sep 21, 2010
No, no, no. Why is it your decision to report to the SEC and not to the public which you have an obligation to do?
Sep 21, 2010
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.