On the recordJuly 22, 2015
If you take a huge risk by buying a 30-year bond when you are borrowing your money for 30 days, the regulators come in and kiss you on both cheeks.
Source
congress.govBrad Sherman: “If you take a huge risk by buying a 30-year bond when you are borrowing your money for 30 days, the regulators come in…”
Editor's note · Context
Sherman highlights regulatory leniency towards long-term investments compared to small business loans.
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