What has been so troubling about the discussions in the past is you see volumes and volumes written on everything except...
You can't turn it all over to the government. You can't just have a government-run operation.
Yesterday I was pleased to hear you indicate that there is no right way to do the wrong thing.
The time of the gentlelady has expired.
I think if you look at this debate, both sides are essentially proposing adding a whole truck-load of additional loophol...
I appreciate the diversity of models that you are presenting for us to wrestle with.
the failure of regulation has turned the American dream of home ownership into an American nightmare of home ownership.
Mr. Chairman, essentially taxpayers have been kept in the dark on this AIG issue.
The reason that AIG has gotten this money is because they are 'systemically important.'
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.
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...
I want to make my last question one that I think is a basis for optimism.
On the long-term front, we are looking at $50, $60 trillion worth of unfunded liabilities; i.e., we see the obligation c...
There have always been opportunities for innovators, and that is what the American dream has been all about.
Mr. Chairman, at what point will the taxpayer no longer be on the hook for the massive AIG failure? What is the end game...