Political Quotes

Mike Capuano: “We probably would not have had a 5-year catastrophe in our economy had we done two things: one on the credit rating…”

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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