Political Quotes

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
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.
Said by
Richard Shelby
Republican · Alabama

Editor's note · Context

Discussing the financial instability of bond insurers and its impact on the economy.

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