Political Quotes

Carl Levin: “Now, it was the Option ARM loans in 2008 that was one of the major reasons that investors and depositors pulled their…”

On the recordApril 15, 2010
Now, it was the Option ARM loans in 2008 that was one of the major reasons that investors and depositors pulled their money from the bank.
Said by
Carl Levin
Democratic · Michigan

Editor's note · Context

Levin highlights the impact of Option ARMs on bank stability in 2008.

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