On the recordApril 26, 2010
the market fundamentals in subprime and the highly leveraged nature of CDOs was going to have a very unhappy ending.
Source
congress.govthe market fundamentals in subprime and the highly leveraged nature of CDOs was going to have a very unhappy ending.
Coburn emphasizes the negative outlook on market fundamentals in subprime lending.
Share
More from Tom Coburn
the three Cs. Communicate and compromise, those are the secrets for a vibrant democracy.
America does not trust you anymore--that is the truth--because they do not see the actions coming out of Congress that should be coming out.
You have lost their confidence--and that is not one party--that is both parties.
I am proud of the really collegial effort that we are privileged to take part in.