Pat McHenry said "Madoff's caper was not caused by any lack of laws, rules or Federal employees; it was caused by a lack of employees who were willing to do their jobs." @ PoliticalQuotes.com

On the recordJune 5, 2012

Madoff's caper was not caused by any lack of laws, rules or Federal employees; it was caused by a lack of employees who were willing to do their jobs.

Said by

Pat McHenry

Republican · North Carolina

Source

congress.gov

Editor's note · Context

McHenry emphasizes that regulatory failures, not lack of laws, led to the Madoff scandal.

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