Jul 14, 2009
Do you think the counterparties should be reimbursed dollar for dollar in case there is a systemic failure with one of the hedge funds or one of the other types of investment firms?
Jim Bunning
The Public Record
Jim Bunning is a former United States Senator from Kentucky, serving from 1999 to 2011. A member of the Republican Party, Bunning was known for his strong conservative positions and advocacy for fiscal responsibility. Before his political career, he was a professional baseball player, notably a pitcher in Major League Baseball, where he was inducted into the Baseball Hall of Fame in 1987. Bunning's tenure in the Senate included a focus on issues such as energy policy and workers' compensation reform, often criticizing the Department of Energy's handling of compensation programs for workers.
congress.gov
Jun 21, 2009
I am worried about people slipping through, like we had for the last 10 years.
Jun 21, 2009
Increased transparency and standardization of derivative contracts will help and must be accomplished.
Jun 21, 2009
As I said in my statement, I think similar activities should be regulated the same way by the same regulator.
Jun 21, 2009
I can't see how Delta Airlines would be put at risk if they are smart enough to hedge against the market's advance in future oils or future jet fuel or whatever it might be.
Jun 17, 2009
Your plan puts a lot of faith in the Federal Reserve's ability to spot risk and exercise its power to prevent the next crisis.
Jun 17, 2009
I think that is a terrible mistake we made, but I also thought that the entire TARP program was wrong.