Thank you for holding this hearing, although I have to say it is so depressing how little we have moved in the last 3 years on these questio...
I hope we hear a lot more like that one going forward.
But it seems it is clearly in the interest of people that can pay on their loans at a reduced value and who want to stay in their home, it i...
I think they are potentially devastating.
that loan be modified and that that person remain in their house, because if they do not, the value of their house is just going to go down.
this entire conversation has been like watching a slow-moving train wreck for 22 months.
the value of the modified mortgage is worth more than the proceeds from a foreclosure sale would be, it would seem to me, and I could be wro...
Not as far as the investors are concerned, right?
the entire economic recovery in many respects rests on our being able to get this sorted out.
And it is a boondoggle of a mess, and I think there is some--and the thing that I cannot understand is where the misalignment of interest is...
We did not mean to imply that you also agreed with the decision to impose a moratorium on all new deep water drilling.
Absolutely nothing to show for it.
What are the rules of the road? We need to understand that.
Had what you are describing been in place precrisis, what are the things that you think--the macroeconomic trends that you think you might h...
I would appreciate that. That would be tremendous.
That sounds to me like a big step in the right direction, and I am wondering how you are planning on sharing the results with the public.
Thank you for having this hearing, and thanks to all of you for coming together.
I think Dodd-Frank requires a regular report from FSOC about financial stability and risks to financial stability.
