Political Quotes

Bob Menendez: “Well, it seems to me that there is a real risk here that we are, by Federal money, providing AIG with the wherewithal to…”

On the recordMarch 4, 2009
Well, it seems to me that there is a real risk here that we are, by Federal money, providing AIG with the wherewithal to unfairly compete in this marketplace, and at the same time inheriting the risk of underfunding those liabilities.
Said by
Bob Menendez
Democratic · New Jersey

Editor's note · Context

Menendez expresses concern about AIG's unfair competition and risks from federal funding.

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