I am not saying this legislation would have solved that, but I am saying that if more people had been at the table and more time and thought had been taken, we could have avoided what was a debacle.
Editor's note · Context
Bachus suggests that better collaboration could have prevented the municipal finance crisis.
Share
More from Spencer Bachus
If you are imposing costs on the system, you should have to internalize them.
First let me thank Chairman Goodlatte and Ranking Member Conyers--former Chairman Conyers--for those kind remarks. I have been fortunate to associate with both of you gentlemen over the past years and appreciate the confidence you have…
Again, I thank the chairmen, the ranking members, and their staff for putting this together. The resolution process for financial institutions is one of the pieces of unfinished business from the 2008 financial crisis, and we will finish…
However, my continued concern is that the program threatens to dry up legitimate sources of credit and financing.





