Guarantees are perilous. Governments are not very good at doing them, not very good at designing them, not very good at ...
It is a catastrophic risk.
So they learned something, didn't they?
We think we could do a lot better this time around.
I will say it again. In order for this Committee to reform Fannie and Freddie, I believe that we must understand here wh...
I think it would be very difficult to price risk.
the financial markets believe more than ever that the United States Government will step in and save the too-big-to-fail...
The co-chairs of the Deficit Commission, Erskine Bowles and Alan Simpson, declared that if the United States failed to c...
Our deficit this year is projected to be $1.65 trillion, the largest ever by any Nation in the world.
This crushing debt burdens growth. It undermines economic confidence and threatens our Nation with a severe debt crisis.
The focus on repayment of TARP is deceptive because it fails to consider the huge taxpayer cost from non-start programs.
Well, you have to do the metrics. You have got to measure this, have you not?
The too-big-to-fail doctrine is a flawed doctrine from the beginning, is it not?
the ultimate success of the Dodd-Frank Act depends to a certain degree on market perception.
I meant work with some people you do not need to work for.
Well, could I ask you this question. Did Mr. Lew or the President of the United States, when they made that statement, '...
I voted against TARP. I believed then, as I do today, that TARP was a serious policy mistake.
Well, that is not what he said. He said we will not be adding more to the national debt.
