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Peter Welch actually said...

There was a total lack of regulation. They didn't have any margin requirements, and it led to outsize risk taking.

Context

Welch emphasizes the lack of regulation that contributed to financial risks.

02/09/2011

https://congress.gov...

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View All Peter Welch Quotes

Peter Francis Welch
in office

usa, Vermont

1,372 Quotes

Born5/2/1947 (age 78)

PartyDemocratic

  • U.S. House of Representatives

    1/4/2007 - present
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