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Barney Frank actually said...

The lack of regulation of derivatives in various aspects contributed greatly to the financial crisis.

Context

Frank points out that insufficient regulation was a significant factor in the financial crisis.

02/14/2011

https://congress.gov...

More Barney Frank Quotes

I agree that we should be moving in a direction of reducing unnecessary regulation, particularly on smaller entities.
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That is kind of like saying, if you live in Iowa, you have more chance of being eaten by a shark than if you lived in Montana.
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These are people who have systematically overrated private securities but systematically underrated public entities.
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View All Barney Frank Quotes

Barney  Frank
out of office

usa, Massachusetts

392 Quotes

PartyDemocratic

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