Political Quotes

Brad Sherman: “We need to make sure that credit default swaps and similar derivatives are classified as insurance, and are subject to…”

On the recordJune 15, 2009
We need to make sure that credit default swaps and similar derivatives are classified as insurance, and are subject to reserves.
Said by
Brad Sherman
Democratic · California

Editor's note · Context

Sherman emphasizes the need for regulation of derivatives as insurance.

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