David Malpass quote
The assumption that Washington could and would resolve Lehman Brothers without a bankruptcy, as it had Bear Stearns, was the single biggest mistake in the series of mistakes in 2007 and 2008 that led to the financial panic and the ensuing epidemic of job losses.
David Malpass
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Mistake, Financial, Job, Mistakes, Single, Resolve, Assumption, Panic, Job Losses, Would, Brothers, Bear, Could, Had, Without, Losses, Led, Bankruptcy, Biggest, Biggest Mistake, Epidemic, Series, Washington
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Nominations of Eric D. Hargan, David Malpass, Andrew K. Maloney, and Brent James Mcintosh : hearing before the Committee on Finance, United States Senate
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