On the recordJune 29, 2011
There was a couple hundred billion dollars of dividends that got paid out of banks and bank holding companies leading up to the crisis that should never, in my view, have happened.
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congress.govRichard Shelby: “There was a couple hundred billion dollars of dividends that got paid out of banks and bank holding companies leading up…”
Editor's note · Context
Shelby emphasizes the need for regulators to monitor bank dividends to prevent financial crises.
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