Political Quotes

Ben Bernanke: “However, the flip side of the centralization of clearing and settlement activities in clearinghouses is the…”

On the recordMarch 31, 2011
However, the flip side of the centralization of clearing and settlement activities in clearinghouses is the concentration of substantial financial and operational risk...
Said by
Ben Bernanke
Republican · South Carolina

Editor's note · Context

Warns about the risks associated with centralizing clearinghouse activities.

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