I would argue that they are trilateral contracts in that you and I and the 300 million Americans have stepped up to the plate to provide the backstop on many of these contracts.
On the recordFebruary 2, 2009
Source
congress.govEditor's note · Context
Morelle emphasizes the collective risk borne by the public in credit default swaps.
Share & report
More from Joe Morelle
Sep 23, 2024
Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, I rise today in strong support of H.R. 7764, as amended. I thank the distinguished gentleman from Wisconsin, my friend, the chairman of the Committee on House…
Jan 22, 2025
I largely support the resolutions contained within the en bloc package as drafted, and I will urge my colleagues on our side to do the same.
Dec 16, 2024
Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, I rise today in support of H.R. 6394. This bipartisan legislation, as my colleague has indicated, would authorize the Architect of the Capitol to bury a time capsule…





