Political Quotes

Jack Reed: “But one of the descriptions of what has taken place, particularly in 2008, was a system of privatized profits and…”

On the recordMarch 9, 2011
But one of the descriptions of what has taken place, particularly in 2008, was a system of privatized profits and socialized losses.
Said by
Jack Reed
Democratic · Rhode Island

Editor's note · Context

Reed critiques the financial system's handling of profits and losses.

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