But on those, then, understanding that you look at corporate financial statements and those kind of things, but on these other types of asset-backed securities, it is hard to understand, in fairness, what the value proposition is that you offer if they are not really being offered by a company and you are not actually going out and checking the parts of the country that they are being offered from.
Bob Corker: “But on those, then, understanding that you look at corporate financial statements and those kind of things, but on these…”
On the recordAugust 4, 2009
Source
congress.govEditor's note · Context
Corker questions the value of asset-backed securities without proper verification.
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