We will have to do that to have a real market economy, will we not?
But when banks have a role in selecting who their regulator is going to be, that seems a problem in the making.
How are you going to liquidate or sell parts or all of AIG and quit using the taxpayers' money?
I hope we will have another round, but the Fed's role, in your last job before you became Secretary of the Treasury, as President of the Fed...
Do you believe that is a fair system in today's 21st century considering all the conflicts?
It seems to me that this is a black hole; in other words, we keep pumping billions of dollars into AIG.
I want to say a special word here about Peter Rogoff.
We look forward to this year working on the Banking Committee.
I will support your nomination.
But I believe that a lot of this responsibility lies with the Justice Department.
What precautions were taken to ensure that the renditions and any interrogations that were going on... complied with the law?