On the recordMay 27, 2009
If it was not done, that they believed there would be a global financial collapse.
Source
congress.govIf it was not done, that they believed there would be a global financial collapse.
Kent Conrad recounts the urgency communicated by financial leaders regarding AIG's potential collapse.
Share
More from Kent Conrad
Social Security's financial challenge affects nearly our entire society, and the solutions will require a broad-based approach.
The bottom 20 percent of earners get a 35-percent increase over what is scheduled, a more than 60-percent increase over what is payable.
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.