Political Quotes

Ed Markey: We have here Fortune magazine. This is not some populist perspective on this issue. Here is the headline in their…

On the recordMarch 8, 1995
We have here Fortune magazine. This is not some populist perspective on this issue. Here is the headline in their magazine, ``The Risk That Won't Go Away.'' ``Like alligators in a swamp, derivatives lurk in the global economy. Even the CEO's of the companies that use them don't understand them.'' We have to give the public protection. We have to ensure that they are going to be able to bring class-action suits if there is a systematic pattern of trying to defraud investors in this area. Derivatives are just not as well understood as they should be even by the people who are selling them, even by the people who are making profits from them. We have to have the protection of the Markey amendment for all investors in this country.
Said by
Ed Markey
Democratic · Massachusetts

Editor's note · Context

Discussing the need for investor protection regarding derivatives.

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