“Get them on the firing line to...
“Get them on the firing line to come up with an answer and, if they don’t, do it for them. We must act to prevent a recurrence of the events of October. We are looking down the barrel, and the gun is still loaded.”
--Nicholas F. Brady,
chairman of the Presidential Task Force on Market Mechanisms, urging Congress to impose a coordinated regulatory system on the securities markets if the existing regulators don’t devise such a system themselves.
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