“They tried to rebuild their radar because they can't see anything. We waited until it was almost built and then we hit it.”

Political Quotes

Michael S. Barr: “the resolution regime is really designed to protect all of us, to protect the economic system from the collapse of a…”

On the recordOctober 21, 2009
the resolution regime is really designed to protect all of us, to protect the economic system from the collapse of a significant financial firm that blows through its capital buffers.
Said by
Michael S. Barr
Source
congress.gov

Editor's note · Context

Barr emphasizes the importance of resolution authority to safeguard the economy.

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