"Dr. Volcker...thought some institutions, some banks were too big to exist."
"How do you get the market to believe that what you are doing is the right thing?"
"The Federal Reserve's balance sheet has more than doubled in size and presently stands at about $2 trillion."
"The Federal Reserve will continue to run a virtual alphabet soup of liquidity facilities through April 30, 2009, at the least."
"I really believe that is a good reform. That is a good government reform."
"Regulators also need to make sure that they do not stifle innovation or unduly restrict consumer choice."
"Limiting the ability of consumers of low and moderate means to obtain credit could have unfortunate consequences."
"While I believe that there are many credit card practices that need reforming, I also believe that regulators need to be especially careful in this time of financial stress not to take actions that un..."
"Do you believe, as Secretary of the Treasury, unlike the TARP deal, that the American people need to know, should know the truth of the debt, where this money is being spent, and the risk to the futur..."
"TARP has been marred by lack of initial planning and ad hoc implementation and a flawed premise."
"I hope you are smarter than that."
"I think cost is important here."
"Is this plan conceptually a 180-degree turn from the Paulson plan, or is it kind of the 'son of Paulson'."
"the program has failed, Mr. Secretary, to mend our ailing financial system, despite having spent nearly $350 billion in taxpayers' money."
"the financial system remains badly damaged, and the economy has deteriorated sharply as it has become clear that TARP is not the magic bullet its supporters, Mr. Secretary, claimed it would be."
"Is this plan conceptually 180-degree turn from the Paulson plan? Or is it kind of the son of Paulson?"
"I see the conceptual idea, but I don't see the details yet."
"You are not telling us there is no risk to the taxpayer here."
