Political Quotes

James P. Greenwood: “We cannot, we cannot get the reforms that are required to protect the investor in this country until we lance the boil.…”

On the recordJuly 11, 2002
We cannot, we cannot get the reforms that are required to protect the investor in this country until we lance the boil. We have to pick the scab. We have to open the wound, look at it, allow it to be seen by the American people, to show the American people that the United States Congress understands that this cannot stand and it will not stand, and that we will move to make reforms.
Said by
James P. Greenwood
Pennsylvania

Editor's note · Context

Addressing the need for corporate reform and investor protection during a Special Order.

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The only thing that stands between these pandemic viruses and intentional bioterror attacks... is, frankly, a handful of private companies in this country who were willing to take the risk of developing countermeasures.

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The threat growing while the capacity to defend against it is decreasing?--the answer to that question is absolutely yes.

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I think that is precisely what needs to be done, and I have no doubt whatsoever that it will be successful in inspiring investment in this very dangerous field.

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