Barney Frank actually said...

These were not bad guesses about derivatives. This was not overconfidence about mortgages. This was conscious deception in their own self-interest.

Frank criticizes financial institutions for intentional deception during the financial crisis.

07/24/2012

More Barney Frank Quotes

I will now begin my statement. I am not surprised that the chairman of the subcommittee began not with any positive statement about what he ...

The Republicans spent all last year telling us that they were just ready to take on this tough issue of what to do about housing finance.

the notion that people will not be able to make loans unless they can securitize without risk retention I think is a great mistake.

I thought the question was pretty clear.