Maxine Waters actually said...

"I basically take the position that the government, perhaps, should not be involved in deciding the compensation for executives of these companies."

"I appreciate that advice and that information. I am looking to play a role in some of this reform."

"We lost the battle to have control of the second $350 billion, as you know. It is all over in the Administration with a lot of flexibility."

"We may still have a role to play in all of this; and that role has to do with negotiating with this Administration about what they are going to do to help ease the pain on these dealers."