Brad Sherman actually said...

I think one of the key problems that got us into this mess is that companies issued insurance on portfolio's without insurance regulation or insurance reserves.

Context

Sherman identifies unregulated insurance practices as a major cause of the financial crisis.

03/04/2009

https://congress.gov...

More Brad Sherman Quotes

No one in the administration is saying that everything is okay. The Shiite Alliance is more dangerous than ISIS and more evil.
9/28/2015
Assad will give 1,000 people with barrel bombs and have the good taste to deny it.
9/28/2015
I would hope that banks would be less free to rip off consumers and less free to rip off the U.S. taxpayer through some new bailout program.
9/16/2015
The other problem I have with this rule is it is written by economists who have this absurd belief that everyone else in the country is an e...
9/9/2015

View All Brad Sherman Quotes