On the recordFebruary 24, 2009
I think derivatives, while probably the vast majority of it is completely legitimate, the part that was not was the assessment of risk.
Source
congress.govI think derivatives, while probably the vast majority of it is completely legitimate, the part that was not was the assessment of risk.
Conrad critiques the risk assessment in derivatives trading.
Share & report
More from Kent Conrad
I watched as a new Senator your work as a Democrat on fiscal accountability. You, in fact, were a deficit hawk among Democrats.
I sense there is a feeling here that we have got to get some of these things done that are hanging out there.