Political Quotes

Chuck Schumer: “Isn't it true that smaller institutions can cause systemic risk because there are counterparties, it is almost like a…”

On the recordFebruary 23, 2009
Isn't it true that smaller institutions can cause systemic risk because there are counterparties, it is almost like a ping-pong ball bouncing from one place to another?
Said by
Chuck Schumer
Democratic · New York

Editor's note · Context

Schumer questions Bernanke about systemic risk from smaller institutions.

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