the less people have in the game, the less skin or money they have in the game, the chances are toward a default?
They had it but they did not use it, right.
Looking for the weak regulator.
Mr. Chairman, because this analyst was presented with the same research available to you--I hope it was the same--and found it credible enou...
Thus far.
Who approved or looked the other way as this was going on?
The GSEs 'followed rather than led' the private sector into subprime.
So while the bank crisis grew underneath their feet, they continued to sleep in a sense or look the other way.
And that is a time bomb, is it not?
we do not have an implicit guarantee, we have an explicit, because Fannie and Freddie are sitting in the taxpayer's lap right now.
I like--and we have had these conversations, some of it, before, getting the private access and private capital, because there is a lot more...
Our Nation's debt, as the Chairman has alluded to, is on an unsustainable path. We all know this.
Any time we can access capital by putting prime in the pump, putting some money in and, say, accessing two-thirds more or something like tha...
Clearly, some changes could be made to ensure that we are helping the greatest--I think that is your goal--the greatest number of needy fami...
One of the criticisms of our current housing finance system is that it encourages borrowing and accumulation of debt rather than the buildin...
I know Senator Reed has been a champion of this.
With a presumption that it would go into civilian court. That was the policy that the committee you put together recommended--unwisely, I th...
I believe that it's beyond unrealistic. It really could be dangerous if it clouds our thinking.
