"Let Goldman repay its bailout and use that money where it is really needed, in our local communities."
"Restoring the value of these Lehman bonds is perhaps the fastest way to bring relief to communities across America."
"The distinction that is being made is that these are taxpayer funds that were invested in A1 and A instrumentalities, both notes and bonds, and that these taxpayers should be repaid."
"When you look at what we are asking for here, it is about $1.7 billion nationwide."
"If I recall correctly, the investments that were being made in Orange County would not be defined as prudent; is that correct?"
"If I could, we specifically don't deal with pension funds. So it is not our intention to see pension funds reimbursed."
"I feel it is highly inequitable to use TARP funding to shore up banks and to bail out failing corporations but fail to protect agencies' taxpayer dollars."
"So you are really trying to suggest that their prudent activity was linked to Mr. Citron's very imprudent investment policies."
"So you, then, would not be opposed to having TARP moneys being spent to bail out Wall Street companies, but you have an objection to having TARP moneys used to bail out local jurisdictions; is that co..."
"We want to make those who were taxpayer entities, local jurisdictions, be able to be made whole with TARP money."
"But you have attempted to establish that somehow what happened to Orange County should happen to these jurisdictions."