Political Quotes

On the recordSeptember 8, 2009
So you are saying that the lending market may not be readily available because of the outstanding risk, and so that you really need a derivative to hedge that risk specifically for the amount of time that that project may well take to come to fruition.
Said by
Kirsten Gillibrand
Democratic · New York

Editor's note · Context

Gillibrand discusses the need for derivatives to manage lending risks in long-term projects.

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