Peter King: “It is abundantly clear that the current financial crisis has exposed a…”

On the recordMay 19, 2009

It is abundantly clear that the current financial crisis has exposed a number of issues within deposit insurance that do need to be dealt with.

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Republican · New York

Source

King highlights issues in deposit insurance due to the financial crisis.

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The fact is I think a 100 percent is unreachable.

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That is long overdue, and I appreciate the gentleman raising that issue again.

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This is very dangerous. It could involve the loss of life.

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I mean, again, I am trying to----

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Peter King: “It is abundantly clear that the current financial crisis has exposed a number of issues within deposit insurance that do…”