Alexandra Jaffe

@ajjaffe ↗

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Last Checked Dec. 19, 2019

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Tue Nov 19 01:54:06 +0000 2019

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Alexandra Jaffe @ajjaffe

Patrick says that "Subprime lending has a place in the economy. But what happened was the bundling of these subprime loans into securities that were wildly speculated" on. — PolitiTweet.org

Posted Nov. 19, 2019

Preceded By

Alexandra Jaffe @ajjaffe

Deval Patrick is asked, off the top, about his work for Ameriquest—a major subprime lender, a practice that contributed to the financial crisis—and Bain Capital. — PolitiTweet.org

Posted Nov. 19, 2019

Followed By

Alexandra Jaffe @ajjaffe

Patrick also defends his work for Bain, noting he didn't agree with Obama's critique of the company in '12. "I am kind of tired of the caricaturing we do of each other. We do it of companies, we do it of people." — PolitiTweet.org

Posted Nov. 19, 2019