I think derivatives, while probably the vast majority of it is completely legitimate, the part that was not was the assessment of risk.
On the recordFebruary 24, 2009
Source
congress.govEditor's note · Context
Conrad critiques the risk assessment in derivatives trading.
Share
More from Kent Conrad
Sep 6, 2016
What happens is those people, if the children are not able to care for them, they are going into institutions, but where is that being paid for? Overwhelmingly, it is being paid for out of Medicaid accounts.
Apr 4, 2017
Things are changing very rapidly, and it presents us with a requirement to change how we envision retirement as well.
Apr 4, 2017
I wish I could look you in the eye and say, you know, if we just had the will, we could reverse this, and we could go back to a time when defined benefit plans were on the increase. I do not think that is in the cards.
Oct 18, 2023
We admire that, and I can say on both sides of the aisle, people recognize the job he did as Budget Committee Chairman.





