Political Quotes

On the recordMarch 16, 2009
We are creating more systemic risk. It was what ruined the Japanese financial system back in the 1990's.
Said by
Paul E. Kanjorski
Pennsylvania

Editor's note · Context

Kanjorski discusses the risks of mixing banking and commerce.

Share

More from Paul E. Kanjorski

Jun 2, 2009

It is when securitized mortgaging left government-regulated entities, went to Wall Street, and Wall Street discovered a way to sell crap for a AAA rating.

congress.gov
Jun 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?

congress.gov
Feb 24, 2010

And colleagues, I rise today to honor our friend and one of the outstanding Members of this House, Jack Murtha, who represented Pennsylvania's 12th district, and to remember his devotion to his work in this Congress, his strength of…

govinfo.gov
Feb 22, 2010

As most Members of this Chamber know, we recently lost a dear friend and colleague. Congressman Jack Murtha passed away on February 8 after complications from gallbladder surgery. Jack recently became the longest-serving Member of Congress…

govinfo.gov

Other voices in this conversation