Political Quotes

Paul E. Kanjorski: “You think if we have a private institution the size of $5.6 trillion, that there is not an implicit statement that the…”

On the recordJune 2, 2009
You think if we have a private institution the size of $5.6 trillion, that there is not an implicit statement that the United States Government has to come in and rescue it when it fails or else it brings the entire system down?
Said by
Paul E. Kanjorski
Pennsylvania

Editor's note · Context

Kanjorski questions the need for government intervention in large private institutions.

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