"Unvarnished."
"I hope you will not, once you flesh out your concept, it will be a TARP II or something like it. If it is, you are headed down the wrong road again."
"this might be important or something like this, but that straightening out the banking system, bringing trust, making loans to the communities, I mean the people in the communities, was 1,000 times mo..."
"Do you believe, as Secretary of the Treasury, unlike the TARP deal, that the American people need to know, should know the truth of the debt, where this money is being spent, and the risk to the futur..."
"You are not telling us there is no risk to the taxpayer here."
"Would you as the Secretary furnish this committee a detailed report of all the debt, where it is, the exposures, the guarantees and so forth, so we know what road we are traveling down?"
"Is this plan conceptually 180-degree turn from the Paulson plan? Or is it kind of the son of Paulson?"
"The American people can stand the truth. They can stand the truth."
"One of the stated purposes that we have all talked about here of the TARP is to maximize overall returns to the taxpayers."
"A 33-percent failure rate does not to me exactly provide confidence to the market that either Treasury or any of the Federal regulators, including the Fed understood the term 'healthy' or used that te..."
"We should not keep banks operating that are insolvent."