On the recordAugust 4, 2009
Instead of helping people understand risk, it was hiding risk, in effect, too often and relying on the people who paid their salaries.
Source
congress.govInstead of helping people understand risk, it was hiding risk, in effect, too often and relying on the people who paid their salaries.
Christopher Dodd critiques the failure of rating agencies to disclose risks.
Share
More from Chris Dodd
Maybe we ought to be spending a little more time looking at the relationships at that level.
I frankly don't see the sovereignty issue as playing a role as an impediment as much as the sheer ability of the cartels to corrupt.
In fact, it was the uncertainty inherent in a nontransparent and reckless financial system that made Dodd-Frank necessary in the first place.
I had hoped we'd get in the lame duck session to the ratification of the Colombian Free Trade Agreement and the Panamanian Free Trade Agreement.