Jack Reed actually said...

I would presume, and correct me, that those procedures, those appropriate procedures you described, were not being deployed very successfully at Bear Stearns or Lehman Brothers.

Context

Questioning the effectiveness of procedures at failed financial firms.

03/17/2009

https://www.congress.gov...

More Jack Reed Quotes

Our sort of American solution to inequality is education.
7/17/2013
the huge growing student debt that could have macroeconomic effects, slowing down home purchases
7/17/2013
I encourage thinking through. Thank you.
7/15/2013
Let us look ahead to 2050, 2060.
7/15/2013

View All Jack Reed Quotes