Byron Dorgan’s Crystal Ball

[slipslidingaway]

Run time: 02:35 https://www.youtube.com/watch?v=w2nZbo8SKbg   Posted on YouTube: October 01, 2008 By YouTube Member: Views on YouTube: 0   Posted on DU: January 26, 2009 By DU Member: slipslidingaway Views on DU: 376

 
1999

"...I fervently believe, is that we are with this piece of legislation moving towards greater risk, we are almost certainly moving towards substantial new mergers and concentration in the financial services industry. That is almost certainly not in the interest of consumers, and we are deliberately and certainly moving toward inheriting much greater risk in our financial services industry. And so I come to the floor to say that I regret I cannot support this legislation. I think we will look back in ten years time and say we should not have done this..."

[Blaze Diem]

1. kudos K & R

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[slipslidingaway]

2. Thanks :) n/t