Political Quotes

Tom Harkin: I would also say it is not sufficient to assert, as many swap dealers do, that the market for credit default swaps…

On the recordJune 3, 2009
I would also say it is not sufficient to assert, as many swap dealers do, that the market for credit default swaps function properly and has experienced no major problems during the current crisis.
Said by
Tom Harkin
Democratic · Iowa

Editor's note · Context

Harkin critiques the assertion that credit default swaps are functioning properly.

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