Political Quotes

Dick Durbin: “When a man named Bernard Madoff can, over the span of 10 or 20 years, lure investors into what has turned out to be a…”

On the recordJune 1, 2009
When a man named Bernard Madoff can, over the span of 10 or 20 years, lure investors into what has turned out to be a Ponzi scheme, causing many of them to lose millions of dollars, and his wrongdoing goes unnoticed by major regulatory agencies, it is clear more has to be done.
Said by
Dick Durbin
Democratic · Illinois

Editor's note · Context

Durbin emphasizes the need for regulatory improvements after the Madoff scandal.

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