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Jack Reed actually said...

the model that worked before does not work any longer.

Context

Reed emphasizes the ineffectiveness of previous financial models.

11/15/2010

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

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we sort of ganged together, papered it over, and went on having learned nothing
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You certainly need regulation. You need the right regulation. And you need a strong regulatory structure, but it is not in itself, I believe...
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I do not think many people at all have been held accountable for what is going on.
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the taxpayer had to step in because there wasn't enough capital in the private sector to cover the risks
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View All Jack Reed Quotes

Jack Francis Reed
in office

usa, Rhode Island

3,124 Quotes

Born11/12/1949 (age 75)

PartyDemocratic

  • United States Senator

    1/7/1997 - present
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