"Having listened to that, it is, I think, very insightful, and it seems to be a great approach."
"You know, making the diagnosis that you are ill and then not treating the patient is, you know, malpractice."
"And it raises the question with respect to the Federal Reserve that if these documents are solely within the purview of the Federal Reserve, how is the broader financial community and the broader comm..."
"I would presume, and correct me, that those procedures, those appropriate procedures you described, were not being deployed very successfully at Bear Stearns or Lehman Brothers."
"I would hope it would be public."
"the fact that they did not have systems in place to adequately assess the risk, which I think is a fair conclusion of the report of the GAO."
"Let me talk to Mr. Cole. As the umbrella regulator of several large financial institutions, do you feel that you are responsible, the Federal Reserve is responsible for the overall capacity of that in..."
"you need to do more here, and that is one of the main tools that we have, is that type of horizontal review."
"We have rigorous stress testing around those models."
"Our allies in this effort cite the situation of easy access to firearms in the United States as a major threat to their stability and consequently as a major national security threat to the United Sta..."
"If we could keep Manas that would be great. If not, we do have other options."
"We depend on that when it's fully up to be about 40 percent to almost 90 percent of the movement of passengers."
"I think all the questions so far have suggested that we are on the verge of a significant change in the way we fund transit projects and transportation projects."
"I would just urge you to take another look at that during authorization."
"One other way, I think, that would link operating assistance would be to those systems that are environmentally advanced."
"I think we need a new, more stable funding mechanism for transit across the country."
"We have to take strides in this nation to make sure that our big cities--can avoid that to the greatest extent possible."
"It seems to be absolutely counterintuitive."
