Foreclosure should be the last option after everything else fails.
We have pushed for a long time for more transparency, more accountability, more clarity on goals.
'Too big to fail' is upon us now in a much larger sense.
From the outset, it was obvious that a system so large would need very careful oversight.
We have argued for repeating the stress tests and extending them past the 19 largest financial institutions.
I am less confident that we have adequately arranged for the death of financial institutions that need to fail.
Until we find a way or commit ourselves to a way to say, one way or the other, we are resolving those assets on the book...
Taxpayers really want to know and should have a right to know what is going on with their investments.
The toxic assets remain on the books of the banks; the commercial real estate mortgages are a coming crisis.
We started this process saying--Secretary Paulson came to this very room and said we need to get those toxic assets off ...
Congress should end the era of 'Too Big to Fail' by restoring a credible threat of failure for the largest financial ins...
Perhaps the most frequent one is just the question: Is it working?
We also are concerned that parts of the foreclosure mitigation process are just--they are just ignoring big pieces of th...
Your business has failed. You failed. Your shareholders are wiped out.
We continue to remain very concerned about the toxic assets that remain on the books at the banks.
In my view, two proposals from this report are critical to protecting the American financial system and preserving the a...
I appreciate the opportunity to be here today to talk about the work of the Congressional Oversight Panel.
I am pushing to say we could do more, and as a leader in the TARP program that has made this $50 billion commitment, I a...
