Political Quotes

Brad Sherman: I think one of the key problems that got us into this mess is that companies issued insurance on portfolio's without…

On the recordMarch 4, 2009
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.
Said by
Brad Sherman
Democratic · California

Editor's note · Context

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

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