Principles matter, but rules matter, too.
If Franklin Roosevelt were to come back today and he would find we had these enormous pooled funds that were outside, virtually outside of a...
Obviously poorly regulated.
The concerns you raise are profound and important ones.
The No. 1 thing in the system has to be independence.
I would hope not.
I am probably--because I spent an awful lot of time in this Committee when I was the OTS regulator----dealing with the RTC, and what I learn...
We need to get that credibility back into the system.
Why should we continue to prop up banks that are basically insolvent, some of our large banks that are walking dead, so to speak, give them ...
The greatest challenge in dealing with this financial crisis is understanding its multiple, complex, and interrelated causes.
I firmly believe that had the Fed simply regulated the mortgage lending industry, as Congress directed with the law passed in 1994, much of ...
I don't think we can give the power to override fully public bodies charged with issues like investor protection to the Fed.
The bottom line here is much of this could have been prevented without a single additional piece of legislation being done if people had jus...
I could not agree more with you.
I have never advocated that.
I would say it is more important to hit this target.
Hundreds of millions of Muslims go to the mosque and are faithful, loyal, decent citizens in their country, obey the law, don't participate ...
this crisis is the result of what may have been the greatest regulatory failure in human history.
