Barney Frank actually said...

Well, they just lost $2 billion. They just lost about five times that or four times that through their own errors.

Frank highlights the significant losses incurred by JPMorgan Chase due to errors, arguing for the importance of regulation.

05/10/2012

More Barney Frank Quotes

Ensuring prudent management of resources, promoting accountability and openness is of utmost importance.

Without a strong stance on these corrupt officials, this will only lead to poverty increases.

not simply to confirm that the authority is there but to say that we expect it to be used and to demand that if it is not used, we get a wri...

This, to me, is a clear example of why there needs to be in the Federal Government the power to unwind nonbanks.