Political Quotes

John C. Coffee: “I think one is enormously important: systemic risk. All of the future of our economy depends upon being able to solve in…”

On the recordJune 25, 2012
I think one is enormously important: systemic risk. All of the future of our economy depends upon being able to solve in a credible fashion the problems of major bank failure.
Said by
John C. Coffee
Washington

Editor's note · Context

Stressing the critical need to address systemic risk for economic stability.

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More from John C. Coffee

Apr 27, 2017

The Volcker Rule was a reasonable way of doing that, by getting banks out of the business of proprietary trading.

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We must not let history repeat itself by creating more regulatory black holes and exposing investors to unacceptable levels of risk and outright fraud.

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Apr 2, 2019

I want to commend Congressman Himes for having supervised the drafting of a careful, balanced, and sophisticated bill.

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Apr 27, 2017

Don't throw that last resort out. It saved us in 2008, and not that much has changed in the regulation of the money market funds.

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