Political Quotes

On the recordFebruary 10, 2009
the behavior of Wall Street executives, investment bankers, the credit agencies, mortgage brokers, and other players in the recent financial meltdown was complicated, tangled, a confluence of many factors--and in the end, devastating to the financial and economic well-being of millions of Americans.
Said by
Ted Kaufman
Delaware

Editor's note · Context

Kaufman describes the complexity and impact of Wall Street's actions on Americans.

Share

More from Ted Kaufman

May 18, 2010

Clean water has been a key focus for us, because--not only because it's necessary to sustain life, but also it's key to sanitation.

congress.gov
Jun 8, 2010

I am also concerned in the same bill of the increased concentration in the financial industry along with bailouts and other subsidies for banks that are too big to fail undermines competition by making it tougher for smaller, more…

congress.gov
Sep 21, 2010

I think disclosure is really the root of a lot of these problems.

congress.gov
Sep 21, 2010

We have developed a cooperation program at the SEC where we can now offer reduced sanctions in exchange for insiders who come forward and provide us with information.

congress.gov

Other voices in this conversation