On the recordMay 5, 2010
Based on that, and again, I want your comments, is that you cannot assure us that this problem would have been self-correcting given the market mechanism in place, is that a fair judgment?
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congress.govBased on that, and again, I want your comments, is that you cannot assure us that this problem would have been self-correcting given the market mechanism in place, is that a fair judgment?
Reed questions the self-correcting nature of market mechanisms during disruptions.
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I’m not a great mathematician, but I think you were talking about $1 trillion? I believe $1.5 billion times 10 is $15 billion. That’s a little bit off from $1 trillion.
if you're going to break the law, the first thing you do is you get rid of the lawyers.