On the recordJune 3, 2009
The deregulation permitted this operation that was not regulated to do whatever it chose to do without setting aside capital to support the obligations it incurred.
Source
congress.govBill Nelson: “The deregulation permitted this operation that was not regulated to do whatever it chose to do without setting aside…”
Editor's note · Context
Nelson critiques deregulation's role in AIG's financial practices.
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