On the recordJuly 14, 2009
But do you think that it should be on the Standard & Poor's and Moody's and those who rate risk, if they lower their risk on a certain entity?
Said by
Jim Bunning
Source
congress.govBut do you think that it should be on the Standard & Poor's and Moody's and those who rate risk, if they lower their risk on a certain entity?
Bunning questions the responsibility of rating agencies in financial crises.
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I have had the great fortune of having three wonderful careers during my life: one as a husband and father of 9 children and a grandfather of 40, one as a Major League baseball player for 27 years, and one in public service for 30 years…
One of my proudest accomplishments in the U.S. Senate was authorizing the 2004 law that reauthorized the National Flood Insurance Program.