Political Quotes

Bob Menendez Jr.: “So it just seems to me that when we go down the list of questions of what the average consumer might find themselves in…”

On the recordJuly 13, 2009
So it just seems to me that when we go down the list of questions of what the average consumer might find themselves in, we see the incentives, for example, in the mortgage crisis for lenders to move people into products that, at the end of the day, may be very beneficial to them but not very beneficial to the consumer.
Said by
Bob Menendez Jr.
Democratic · New Jersey

Editor's note · Context

Menendez highlights the conflict of interest in mortgage lending practices.

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