On the recordAugust 3, 2009
I think the suggestions that each of you have made have been very helpful, but even after you make those changes, it is that lack of--it is that procyclical thinking that drove us to where we were.
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congress.govBob Corker: “I think the suggestions that each of you have made have been very helpful, but even after you make those changes, it is…”
Editor's note · Context
Corker emphasizes the need for regulatory changes despite existing procyclical issues.
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