Political Quotes

Jackie Speier: The taxpayers have spent more than $2 trillion to turn around an economic crisis that had its foundation in the…

On the recordJuly 15, 2009
The taxpayers have spent more than $2 trillion to turn around an economic crisis that had its foundation in the insatiable appetite of Wall Street for the high yields provided by mortgage-backed securities and the fees that went with them.
Said by
Jackie Speier
Democratic · California

Editor's note · Context

Speier highlights taxpayer burden due to Wall Street's risky financial practices leading to the economic crisis.

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