Political Quotes

Gary Gensler: I think it was the clear intent of Congress that pensions would be able to use swaps to hedge their risk.

On the recordJune 14, 2011
I think it was the clear intent of Congress that pensions would be able to use swaps to hedge their risk.
Said by
Gary Gensler
Democratic · District of Columbia

Editor's note · Context

Gensler emphasizes Congress's intent for pensions to use swaps for risk hedging.

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If I can say, breaking the law and not liking the law are different than lack of clarity.

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It seems it is like a chia pet. It looks like a good idea for a gift until you buy it.

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If I can say, breaking the law and not liking the law are different than lack of clarity.

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And I just think that is part of our great democracy.

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