"Is this plan conceptually a 180-degree turn from the Paulson plan, or is it kind of the 'son of Paulson'."
"Is this plan, conceptually, a 180-degree turn from the Paulson plan? Or is it kind of the son of Paulson?"
"TARP has been marred by lack of initial planning and ad hoc implementation and a flawed premise."
"I hope you are smarter than that."
"I think cost is important here."
"the program has failed, Mr. Secretary, to mend our ailing financial system, despite having spent nearly $350 billion in taxpayers' money."
"the financial system remains badly damaged, and the economy has deteriorated sharply as it has become clear that TARP is not the magic bullet its supporters, Mr. Secretary, claimed it would be."
"I see the conceptual idea, but I don't see the details yet."
"What elements of the Geithner plan can be implemented immediately."
"How do we restart the securitization of markets, which you think is so important to our financial--how do we bring thrust back to that, because securitization worked so well until it was abused and mi..."
"I do. And I believe, and Senator Dodd knows, in this committee, we are going to have to restructure our regulatory system."