Political Quotes

On the recordMay 27, 2009
If it was not done, that they believed there would be a global financial collapse.
Said by
Kent Conrad
Democratic · North Dakota

Editor's note · Context

Kent Conrad recounts the urgency communicated by financial leaders regarding AIG's potential collapse.

Share

More from Kent Conrad

Sep 11, 2024

Social Security's financial challenge affects nearly our entire society, and the solutions will require a broad-based approach.

congress.gov
Sep 6, 2016

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.

congress.gov
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.

congress.gov
Apr 4, 2017

If you had to reduce it to a word, I would reduce it to 'globalization.'

congress.gov

Other voices in this conversation