Political Quotes

Bob Menendez: One of the biggest lessons I have learned over this period of time is that some of these institutions simply will not…

On the recordFebruary 25, 2009
One of the biggest lessons I have learned over this period of time is that some of these institutions simply will not police themselves and lenders will not modify their own, in many cases. Voluntary efforts just do not work.
Said by
Bob Menendez
Democratic · New Jersey

Editor's note · Context

Menendez emphasizes the failure of voluntary lender modifications.

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