Citi continues to pose significant systemic risk. In fact, Citi is often cited as the poster child for 'too big to fail.'
I think it would be hard to make the case that we can see some date in the immediate future when Citi will not be too big to fail.
Instead of that, why don't you concentrate on breaking Citi into more pieces, so that no one piece is too big to fail?
we are strongly advocating financial reforms to prevent this situation from happening again, by assuring that no single institution can thre...
But Standard & Poor's, the rating agency, is giving you a bump. The bump is valuable.
But it's your view that Citi isn't getting that from its higher rating, it's not getting that benefit of being A rated?
I will take that as a no, that we are not being paid for the guarantee that we are----
We don't want to be a shareholder in that company and we think that companies are far stronger if they're public--if they're financed out of...
But of the original nine that needed money within weeks of the original TARP infusion--you got $25 billion, someone said you--the Secretary ...
Do you know how much debt from the government of Greece that Citi holds?
I'm deeply troubled by what it means for the country.
And to come at this last minute with essentially a 2,000-page- plus bill and say we would like to add a few amendments for Republicans, it's...
Republicans believe that this is a fundamentally flawed plan. And I think he mischaracterized the Republican opposition today.
I want to applaud the commitment to science and ocean conservation that you have shown during the first year of your tenure.
I remain convinced that exhaustive--and if necessary coercive--diplomacy with Iran remains the preferred path to prevent these grave outcome...
All right, so GM is offering, in effect, to pay a portion of the consumer's finance cost.
If it had been up to me, I would have told the banks, all of them including GMAC, 'Take the TARP money, charge it off.'
Well, but if we're talking about time, I mean, I presume the possibility of a quick 363 sale, as happened in the auto industry, could have m...