Barney Frank actually said...

There are restrictions that should be imposed that are not now in existence to deal with that.

Frank advocates for new restrictions to prevent nonbank indebtedness.

05/04/2009

More Barney Frank Quotes

My biggest problem with the regulators, frankly, is they are equating the two kinds of mortgages.

I do think that the complexity issue of the Volcker Rule and the push-outs help.

I do think there is room for subtlety in that, but I don't think Glass-Steagall does it.

The incentive became to make a quantity of loans and not quality.