Political Quotes

Barney Frank: These were not bad guesses about derivatives. This was not overconfidence about mortgages. This was conscious deception…

On the recordJuly 24, 2012
These were not bad guesses about derivatives. This was not overconfidence about mortgages. This was conscious deception in their own self-interest.
Said by
Barney Frank
Democratic · Massachusetts

Editor's note · Context

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

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