GARY G. MILLER: “While a hybrid public-private model for Freddie and Fannie was fundamentally flawed, our focus should be a viable…”

The private label mortgage-backed securities were a disaster. Most of them were basically predatory loans.

I will say this. I could not help, Mr. Chairman. You know, our country right now is going through a heated debate on guns and gun safety.

But when we proceed with caution, such standards can actually be detrimental to our economy if not properly applied.

Yes. I understand that. But did the employees of the New York Fed who were involved in market surveillance tell you of this conversation or perhaps others like it, that it was not just theoretically possible but participants in LIBOR…