I opposed the TARP program. I knew it was flawed then. We all know it now.
The Bush Administration, Secretary Paulson, Chairman Bernanke, misled the people, the Congress and the people of the Uni...
We should not keep banks operating that are insolvent.
If they do not fear you, they are going to play with you.
Solutions, however, crafted in haste, rarely are effective and, even worse, can be counterproductive, as TARP.
I am concerned, especially given the limited life of the TARP program, that employees of TARP may be facing significant....
Americans have a right to know, I believe, where their money went and whether it is working, which many are doubtful.
I voted against the TARP because Treasury's warnings and promises seemed calculated to induce panic rather than to ensur...
We used to look at Wall Street and say they were the smartest people in the world. Now, that has been doubted today in a...
Trust in the banking system, especially Wall Street banks right now, it doesn't exist.
The American people, as you well know right now--you can see it in polls, you can just go home, any of us can--they don'...
Do you have any concerns, Dr. Volcker, that if the Fed assumes too many responsibilities, its ability to conduct monetar...
Shouldn't those decisions be made by the President and the Congress, who are accountable to the people?
I believe one of the primary failings of the recent bailouts of the GSEs, AIG, and Bear Stearns was the intent of protec...
As I have said many times and will continue to say, I believe that before we discuss how to modernize our regulatory str...
Absolutely right.
And what are your views on the separation of monetary policy from banking policy along the lines of the reforms that wer...
The GSEs, I think, if I may say so, with the connivance of the Congress, were considered to be something special and the...
