On the recordMarch 4, 2009
The fact that many of our financial institutions have become too big to fail or too interconnected to fail has become shockingly apparent.
Source
congress.govThe fact that many of our financial institutions have become too big to fail or too interconnected to fail has become shockingly apparent.
Highlighting the risks posed by large financial institutions.
Share
More from Ed Royce
Communism is and was and always will be evil and we must never forget that...
In the decade leading up to the financial crisis of 2008, Fannie Mae and Freddie Mac spent nearly $200 million on lobbying activities and campaign contributions.
As they say, never again, and here it is going on with the international community held spellbound in the middle of it.
The headlines are pretty clear: ``Hurricanes Bigger and Costlier than Ever Before''; ``2.3 Billion People Affected by Flooding Disasters in 20 Years''; ``Rising Sea Levels Could Cost the U.S. Trillions.'' Yet, somehow, Congress fails to…