Mike Johanns actually said...

I think you are going to need a good, sound resolution mechanism.

Johanns emphasizes the need for effective resolution mechanisms in financial regulation.

07/22/2009

More Mike Johanns Quotes

I also say thank you for putting this hearing together.

We are describing a level of taxpayer support that also is just really unprecedented.

It brought in a large part to the brink of financial collapse. And today, somehow, someway, we have got to explain to the American taxpayer ...

Your testimony today is probably unprecedented... a level of government involvement in the financial institution that we have maybe never se...