Political Quotes

Kit Bond: “The problem of shaky subprime mortgages was exacerbated in Wall Street by creating mirror derivatives based on the…”

On the recordMarch 3, 2010
The problem of shaky subprime mortgages was exacerbated in Wall Street by creating mirror derivatives based on the subprime securitized mortgages.
Said by
Kit Bond
Republican · Missouri

Editor's note · Context

Senator Bond discusses the impact of derivatives on the financial crisis.

Share

More from Kit Bond

May 19, 2010

If this program, HUD had zero dollars for vouchers in the coming year, what would be the impact on the program and the staffing set up to handle it?

congress.gov
Sep 20, 2010

We thought it was of significant historical value.

congress.gov
Jul 19, 2010

The administration's decision is their decision, but if there is an implication that the intelligence committee should not be told honestly and frankly of advice that you give to the policymakers--whether it's accepted or not--that…

congress.gov
Jun 15, 2010

I would humbly suggest that you put more, not less, in the force structure for the Guard, which is a bargain for our military defense.

congress.gov

Other voices in this conversation