Political Quotes

On the recordMay 19, 2014
We probably would not have had a 5-year catastrophe in our economy had we done two things: one on the credit rating agencies; and the other is to require that portfolio insurance be called insurance.
Said by
Mike Capuano
Democratic · Massachusetts

Editor's note · Context

Capuano argues that proper regulation could have prevented economic catastrophe.

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More from Mike Capuano

Jun 20, 2018

If your bosses told you to do something and you didn't do it for 8 years, how long do you think you would be employed?

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Jun 12, 2018

the concept of taking protections away from small investors just strikes me as anathema.

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Jun 19, 2018

it is unequivocally directed to your superiors who do have the authority to say no, and should have said no to this policy.

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Jul 16, 2019

Mike Capuano did a great job, got it in the bill.

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