On the recordApril 21, 2004
Is that not the case?
Said by
Paul S. Sarbanes
Source
congress.govIs that not the case?
Sarbanes questions Greenspan about the Fed's rate movement.
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Yes. They have built up these currency reserves, very strong positions. And we owe it. We owe it.
Warren Buffett has warned us that derivatives are time bombs, both for the parties that deal in them and the economic system.
In my view, it portrays clearly unacceptable practices on the part of a number of short-term lenders.