08/04/2009
https://www.congress.gov...
"That is crazy."
"People's confidence comes from--the average person--what they believe their house is worth, you know, home equity."
"I am at a loss as to why the Administration does not or did not consider the GSEs to be a central cause meriting immediate consideration in regulatory reform."
"Despite repeated warnings by me and other Members of this Committee about the risk that GSEs presented, they were allowed to accumulate more than $5 trillion in financial obligations with only minimal..."