On the recordJuly 14, 2009
It seems obvious to me that firms and traders will act more responsibly when they know they will face the consequences of their actions, which is why bailouts breed more bailouts.
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Jim Bunning
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congress.govJim Bunning: “It seems obvious to me that firms and traders will act more responsibly when they know they will face the consequences…”
Editor's note · Context
Bunning emphasizes accountability in financial firms to prevent repeated bailouts.
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