On the recordJune 5, 2012
It seems to me that if we have a banking activity, the very nature of which is to take risk in extending credit, some of those banks, especially during tough economic times, are going to fail.
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congress.govIt seems to me that if we have a banking activity, the very nature of which is to take risk in extending credit, some of those banks, especially during tough economic times, are going to fail.
Toomey acknowledges that bank failures are an unavoidable risk in banking.
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