Political Quotes

David Gergen: “The more you talk about nationalization, the more it looms as a possibility, the more private money will flee, because…”

On the recordFebruary 19, 2009
The more you talk about nationalization, the more it looms as a possibility, the more private money will flee, because nationalization, in effect -- in effect, wipes out private investors in the banks.
Said by
David Gergen
Independent · Massachusetts

Editor's note · Context

David Gergen explains the negative implications of discussing bank nationalization.

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