Jack Reed actually said...

I think some of the problems with the Basel II, particularly, were the ability to rely exclusively on credit ratings for securitized products.

Reed discusses issues with Basel II and credit ratings.

02/24/2010

More Jack Reed Quotes

Thank you for your years of service. And you have shown a great deal of leadership advocating for families in need and the importance of end...

To what extent are you urging or the Department is contemplating a more significant role for local housing officials?

In Rhode Island, nearly 42,000 households spend more than 50 percent of their income on rent.

the formula must be corrected, and your leadership is going to make that change effective.