Political Quotes

Jack Reed: “I would presume, and correct me, that those procedures, those appropriate procedures you described, were not being…”

On the recordMarch 17, 2009
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.
Said by
Jack Reed
Democratic · Rhode Island

Editor's note · Context

Questioning the effectiveness of procedures at failed financial firms.

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