If actions taken by the administration, the Congress and federal government are successful in restoring some measure of financial stability, and only if that is the case, in my view, there is a reasonable prospect that the current…

If actions taken by the administration for Congress and the Federal Reserve are successful in restoring some measure of financial stability, and only if that's the case, in my view, there's a reasonable prospect that the current recession…

If actions taken by the administration, the Congress and federal government are successful in restoring some measure of financial stability, and only if that is the case, in my view, there is a reasonable prospect that the current…

I would like to challenge the Congress to give us a framework where we can resolve a multinational, complicated financial conglomerate like Citigroup, like AIG, or others, if that became necessary.

I said 10 years ago. So I think it is very urgent that we look at these issues.

I think if there is a single episode in this entire 18 months that has made me more angry, I cannot think of one than AIG.

If we do not get a sustainable fiscal situation and deficits continue in large amounts for a long period, then it will become more difficult to sell our debt, and interest rates will rise, and they will be counterproductive.

I believe that it is more pro-growth to start cleaning out the Tax Code, to go and clean out some of those loopholes.

I think it is an enormous problem. I think we have learned it is a bigger problem than we thought it was.

I am very angry about the situation. I am sorry that there were these gaps in regulation and in the financial resolution regime.

I think that confidence in financial engineering has gone down quite a bit, and we need to be very careful.

If Government spending is higher, it needs to be recognized that that will involve higher taxes in order to maintain a close, reasonable balance between revenues and outlays.

We have already seen the stresses we saw in September. In September, we saw AIG and Lehman and other financial firms under great pressure.

I think it is very urgent that we look at these issues and make some tough decisions.

We felt there was no alternative. Throughout the restructuring, we have tried to do everything we can to make sure that the main focus of the company... is to make the company viable enough that it can sell itself off, sell off its…

The Japanese mistake was not acting quickly enough or aggressively enough, and I think that is not our problem.

I think addressing those entitlement issues in an effective way is an incredibly important issue for this Committee.

They did not have the capacity to deal with a global insurance company whose failure would have devastated the financial system.