07/07/2009
https://www.congress.gov...
"I assume that your view is that there is Federal authority now to be able to intercede, either through the Treasury or the Fed, with the VRDO market in some way that may give hospitals, public hospita..."
"I really am interested in hearing some testimony at some point on how these workouts are actually happening."
"So the Fed may be OK, but the Treasury may be----"
"What is so frustrating is that you get a very strong sense that there was nothing inevitable about any of this stuff."