Political Quotes

On the recordJune 10, 2009
is there a danger if we were to adopt say-on-pay or some of the other rules that you are proposing, that we would have the capital flight
Said by
Barney Frank
Democratic · Massachusetts

Editor's note · Context

Frank questions the potential for capital flight due to proposed compensation rules.

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More from Barney Frank

Jul 7, 2015

I don't think asset managers or insurance companies that just sell insurance as it's traditionally defined are systemically defined . . . Their failure isn't going to have that systemic reverbatory [sic] effect.

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I don't think that adds to systemic risk. There is a loss of social function of economic activity.

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Jul 22, 2014

We did have a fund, and there has been a fundamental difference between the two parties on whether or not we should assess large financial institutions.

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Jul 22, 2014

I look forward to congratulating you, Mr. Chairman, on a fourth anniversary coming up.

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