Political Quotes

On the recordJanuary 6, 2011
We do not want banks making bad loans. That is how we got in trouble in the first place.
Said by
Ben Bernanke
Republican · South Carolina

Editor's note · Context

Bernanke discusses the balance needed in lending practices to avoid past mistakes.

Share & report

More from Ben Bernanke

Jul 17, 2013

The crisis was an enormous waste of resources, and unsafe practices by large financial institutions pose a risk not just to themselves but to the rest of society.

congress.gov
Jul 16, 2013

Our goals are Main Street, our goals are jobs, our goals are low inflation.

congress.gov
Jul 16, 2013

A default by the U.S. Government would be extremely disruptive.

congress.gov
Jul 16, 2013

GSE-type organizations are not essential to successful mortgage financing. Indeed, many other industrial countries without GSEs have achieved homeownership rates comparable to that of the United States. One device that has been widely used…

congress.gov

Other voices in this conversation