While accelerated by market sentiment, our decision to be regulated by the Federal Reserve is based on recognition that such regulation provides its members with full prudential supervision and access to permanent liquidity and funding.
Coburn quotes Blankfein on Goldman Sachs' decision to become a bank holding company.
Share
More from Tom Coburn
Right now, the unfunded liabilities of this country, with its debt, are $142 trillion.
People say, 'Well, they are not crazy.' But sometimes individual government leaders such as Adolf Hitler are mad north by northwest.
Other voices in this conversation
