You can't turn it all over to the government. You can't just have a government-run operation.
Both political parties have been right. Democrats have been right about the idea that you cannot fix this system unless ...
Yesterday I was pleased to hear you indicate that there is no right way to do the wrong thing.
How is this rewarding ability and achievement?
AIG has given the counterparties $20 billion. Those people could be just about anybody in the world. Why won’t the Fed d...
The reason that AIG has gotten this money is because they are 'systemically important.'
Mr. Chairman, essentially taxpayers have been kept in the dark on this AIG issue.
I think we ought to be disclosing at a minimum who these counterparties are.
the more that what we are doing focuses on these big institutions, the more it looks as if the masters of the universe w...
There have always been opportunities for innovators, and that is what the American dream has been all about.
I think if you look at this debate, both sides are essentially proposing adding a whole truck-load of additional loophol...
I want to make my last question one that I think is a basis for optimism.
The time of the gentlelady has expired.
the failure of regulation has turned the American dream of home ownership into an American nightmare of home ownership.
I appreciate the diversity of models that you are presenting for us to wrestle with.
Would it be appropriate to back up what the market has done with a specific ban on teaser rates and prepayment penalties...
Thank you very much, Mr. Chairman.
I think Senator Graham has put his finger on part of the problem.