On the recordJuly 14, 2009
Do you think the counterparties should be reimbursed dollar for dollar in case there is a systemic failure with one of the hedge funds or one of the other types of investment firms?
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congress.govDo you think the counterparties should be reimbursed dollar for dollar in case there is a systemic failure with one of the hedge funds or one of the other types of investment firms?
Bunning inquires about reimbursement for counterparties in systemic failures.
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Is that not just kind of a transferring of what we cannot pay for and what our excesses are presently to my children and grandchildren? Is that not kind of a wealth transfer or a debt transfer?
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