Political Quotes

Mike Crapo: “So the fact that the fraud occurred in an arena in which derivatives were being utilized does not mean that the…”

On the recordOctober 18, 2005
So the fact that the fraud occurred in an arena in which derivatives were being utilized does not mean that the derivatives caused the fraud or that there was anything with regard to derivatives regulations that would have changed it, am I correct?
Said by
Mike Crapo
Republican · Idaho
Source
congress.gov
Oct 18, 2005

Editor's note · Context

Discussing the relationship between derivatives and accounting fraud in REFCO case.

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