Political Quotes

Mike Crapo: “We had the same point under Enron, if I remember correctly. When we ultimately got into the bottom of it, it was not…”

On the recordOctober 18, 2005
We had the same point under Enron, if I remember correctly. When we ultimately got into the bottom of it, it was not even the derivatives which were at issue, although they were blamed.
Said by
Mike Crapo
Republican · Idaho
Source
congress.gov
Oct 18, 2005

Editor's note · Context

Drawing parallels between REFCO and Enron regarding derivatives and fraud.

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