Mike Johanns actually said...

The transparency is not the issue. You can bring up the transparency and I think everybody would love that.

Johanns emphasizes that transparency isn't the main concern in financial regulations.

06/21/2009

More Mike Johanns Quotes

If this would have been in place a few years ago when the market collapsed, we would have had a firewall in front of the taxpayers.

I just cannot imagine--there is another proposal being put forward in the House that would remove any Government backstop.

It seems to me that Wells Fargo should get the same price for selling a qualified mortgage to the guarantor as First National of Omaha.

OK, great.