Jack Reed actually said...

For a nonfinancial company, you could be doing hedging as an end user, but you could also be very aggressive in your hedging.

Senator Reed discusses the risks of aggressive hedging by nonfinancial companies.

05/21/2012

More Jack Reed Quotes

If the USS United States goes down, we all go down together, Democrats and Republicans.

Using the debt ceiling as leverage in the deficit debate is unwise and dangerous.

In effect, what you are describing is a potential financial meltdown, perhaps worse than in 2008 with the collapse of Lehman Brothers.

If we default next week, even technically, your view, I believe, is that that will make our ability to do almost everything, including deal ...