Political Quotes

On the recordFebruary 10, 2009
Because some of my colleagues will probably ask our witnesses to explain their enormous bonuses being issued in a time of great national suffering, I will not do so.
Said by
Paul E. Kanjorski
Pennsylvania

Editor's note · Context

Kanjorski addresses the misuse of taxpayer money by executives.

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May 18, 2009

We need to address this problem as part of our efforts to reform the financial system to ensure financial products are adequately examined and restore investor confidence.

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The ongoing financial crisis has made it apparent to nearly everyone that we must move the over-the-counter derivatives market from one that takes place under the table to one that happens out in the open.

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Jun 2, 2009

Let me ask you this: Are we just going to be putting a patch on a tire as we come out of this? Or are we going to get the opportunity to focus and really make fundamental corrections to the system?

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Jun 2, 2009

I would argue no. But they also should not have been thrust into the center of the bond markets...

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