May 18, 2009
We need independent, thoughtful, credit rating agencies who are not beholden to the people that they're working for.
Michael Capuano
The Public Record
Mike Capuano is a former U.S. Representative from Massachusetts, serving from 1999 to 2019. A member of the Democratic Party, he represented Massachusetts's 8th congressional district. During his tenure, Capuano was known for his advocacy on issues such as healthcare, education, and civil rights. He served on several committees, including the Transportation and Infrastructure Committee, where he focused on infrastructure development and public transportation improvements in his district.
congress.gov
May 18, 2009
I have been one of the leading critics of the way credit rating agencies work.
Apr 22, 2009
I want to thank Chairman Frank and Congressmen Miller and Watt for including my bill, the Credit Risk and Retention Act, into their broader mortgage reform bill.
Feb 24, 2009
At some point, if it is 40 percent--when does it make sense to either go to 51 percent--and I know the word nationalization nobody wants to talk about.
Feb 24, 2009
At some point, it no longer becomes an investment. It becomes--you know, they are on life support.
Feb 24, 2009
If we have to take a 40 percent position on a huge bank, please tell me what the definition of failed management is.
Feb 23, 2009
The risk appetite here on the Hill, given the way we have seen this top handled so far, is very, very low.
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