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.

Share

More from David Gergen

Dec 29, 2022

I think the turning point that came were the midterm elections. The fever broke with those midterm elections. And what we've seen since then is a steady decline in Trump's credibility and in his position with the American people, and a…

transcripts.cnn.com
Oct 21, 2021

I think it's going to take something usually unexpected or a dramatic change in his health or a prison sentence to stop him.

transcripts.cnn.com

Other voices in this conversation