This financial crisis has demonstrated that, contrary to the presumption of many, financial institutions were unprepared and in many cases incapable of adequately assessing the risks that they were bearing on their books.
Reed highlights the unpreparedness of financial institutions during the crisis.
Share
More from Jack Reed
The Committee has directed inquiries to the Department, and we will be conducting vigorous oversight to determine the facts related to the circumstances.
We don’t want any lawyers, we don’t want any press, we don’t want anybody from Congress.
the clock is ticking. In a matter of days, 24 million Americans will see their health insurance premiums double or triple. Since August and even earlier, Democrats have been imploring Republicans to do the right thing and extend the…
Other voices in this conversation
