Evan Bayh: “Well, let me ask you this, then. Based upon assuming that there is a reasonable improvement in market conditions...”

we should not discriminate against them. We should honor that service, honor that patriotism, the way we do the service and patriotism of any American who is willing to put on the uniform of this country.

We avoided the worst possible outcome with the downturn.

I will make one comment I do not expect you to respond to, but a skeptic might look at all this and say what was really at work here was a choice between an eventual orderly restructuring or a disorderly restructuring that could have been…

The Fed, though, is now engaged in some rather extraordinary efforts, which I support, to prevent a lapse back into a more sluggish economy.