Political Quotes

Steve Lynch: “If we cannot fix it and allow all investors and institutions to I think readily rely on a derivatives system, it is…”

On the recordJune 8, 2009
If we cannot fix it and allow all investors and institutions to I think readily rely on a derivatives system, it is probably better that it go overseas rather than put the stamp of this country and the full faith and credit of this Nation behind such a system if we do not think it is really sound.
Said by
Steve Lynch
Democratic · Massachusetts

Editor's note · Context

Lynch expresses concern about the reliability of the derivatives system and suggests it may be better to let it go overseas.

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