Ed Perlmutter actually said...

I guess I come from a spot where, you know, President Kennedy said we are going to be on the moon...

Because the private sector either was wiped out because they made so many lousy loans or they were too afraid to be in the market at that ti...

The trouble is their questions are, sort of, out of 'Alice in Wonderland,' through the looking glass.

the book value of the FHA loans under the Bush Administration was terribly in the red; before, under the Clinton Administration, just barely...