Tom Carper said "They were under a lot of pressures in order to keep market share and in order to keep their business alive, so, therefore, they had to rate competitively against the other rating agencies." @ PoliticalQuotes.com

On the recordApril 26, 2010

They were under a lot of pressures in order to keep market share and in order to keep their business alive, so, therefore, they had to rate competitively against the other rating agencies.

Said by

Tom Carper

Democratic · Delaware

Source

congress.gov

Editor's note · Context

Senator Carper discusses the competitive pressures on rating agencies.

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