Political Quotes

On the recordJuly 23, 2012
The subprime loans were sold to Fannie Mae and Freddie Mac, sold to the government, which put taxpayers at massive risk.
Said by
Michael Grimm
New York

Editor's note · Context

Grimm draws a comparison between past subprime loans and current lending practices to highlight potential risks.

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More from Michael Grimm

Sep 18, 2013

no one is saying that TRIA prevents terrorism. This is all about recovery from a terrorist act.

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I can assure you that they are not being packaged and sold like--that is silliness. Okay? This is a serious proceeding.

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Jun 6, 2012

I have said many, many times that if we don't get housing moving again, the overall economy is not going to get moving again.

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Jun 6, 2012

I don't think that is a diplomatic thing to do. I think that Argentina has been emboldened by this amicus brief.

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