On the recordOctober 5, 2011
There was no right to make a profit if there is mistreatment of the customers.
Source
congress.govBarney Frank: “There was no right to make a profit if there is mistreatment of the customers.”
Editor's note · Context
Frank clarifies that profit is acceptable unless it comes from mistreating customers.
Share
More from Barney Frank
Oct 21, 2019
Fannie Mae and Freddie Mac do very good work, and they are not endangering the fiscal health of this country.
Jan 9, 2024
Barney Frank said that he believed that it was a war on crypto that motivated this--not a systemic risk of crypto.
Apr 5, 2017
For example, there are key differences in product characteristics between payday, car title, and other high-cost secured loans and more traditional closed-end unsecured lending and related products, and the products are often regulated…
Jul 12, 2017
We should have made it much higher, $125 billion or more, and we should have indexed it.
Other voices in this conversation
