On the recordJuly 22, 2009
Taxpayers had no choice but to step in, assuming billions of dollars of risk, and save companies because our system wasn't set up to withstand their failure.
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congress.govChris Dodd: “Taxpayers had no choice but to step in, assuming billions of dollars of risk, and save companies because our system…”
Editor's note · Context
Dodd highlights the necessity of government intervention during the financial crisis.
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