Coburn questions the logic of buying protection on lower-risk tranches.
04/26/2010
https://www.congress.gov...
Perhaps it would be great to have a Subcommittee hearing just on this.
Right now, the unfunded liabilities of this country, with its debt, are $142 trillion.
I think we are way underfunded, but I think we need to have better oversight.
I think we are very fortunate where we find ourselves today, whether that is because of our lack of knowledge or because...