Political Quotes

Earl Pomeroy: The notion that we are going to allow credit for risk ceded without any looking at whether or not there is a…

On the recordFebruary 2, 2009
The notion that we are going to allow credit for risk ceded without any looking at whether or not there is a creditworthy partner providing the backstop, to me is just mind-boggling.
Said by
Earl Pomeroy
North Dakota

Editor's note · Context

Pomeroy expresses disbelief at the lack of scrutiny in credit risk management.

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