Governor, over the past year, our largest bond insurers have teetered on the edge of collapse due to imprudent bets on the value of mortgage-backed securities.
Richard Shelby: “Governor, over the past year, our largest bond insurers have teetered on the edge of collapse due to imprudent bets on…”
On the recordMarch 16, 2009
Source
congress.govEditor's note · Context
Discussing the financial instability of bond insurers and its impact on the economy.
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