Barney Frank actually said...

Frankly, if they had done that earlier, they would have saved themselves I don't know how many--in the tens of billions of dollars for noncompliance.

Frank comments on JPMorgan Chase's compliance issues and financial losses.

07/22/2014

More Barney Frank Quotes

Well, first, I want to say, to a certain extent, he's right. He's a good CEO and it is a well-run bank. That's precisely why we need regulat...

No, because we have things in place that will prevent that from happening. It is a reminder, however, that it was important that we adopt th...

It won't -- the danger would be not if this is $2 billion, but if they lost so much that they couldn't pay their debts.

We say, even the smartest of you, you're doing things that are so inherently risky, you have got to be better protected.