Political Quotes

Chris Dodd: “But doesn't it also basically--in other words, the incentive for the issuer to make sure that the borrower is going to…”

On the recordFebruary 11, 2009
But doesn't it also basically--in other words, the incentive for the issuer to make sure that the borrower is going to be more creditworthy diminishes when you know you are going to be able to sell that debt off. Isn't that also true?
Said by
Chris Dodd
Democratic · Connecticut

Editor's note · Context

Dodd questions the impact of securitization on lender accountability.

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