Political Quotes

On the recordMarch 8, 1995
Reclaiming my time and asking the gentleman a question, would you say, sir, by everything that we know that certainly we have had much more experience in the normal securities market. We have not had that experience in understanding how to deal with derivatives and the cases of these billions of dollars. My understanding also is this is sometimes constructed much like just going into one of the gambling casinos in Las Vegas and laying your money down and spinning the wheel.
Said by
Ron Klink
Democratic · Pennsylvania
Source
govinfo.gov

Editor's note · Context

Discussing the complexities and risks of derivatives in financial markets.

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