01/14/2009
https://www.congress.gov...
"I believe the authority exists under the Congress for you to be able to do that under TALF with municipal issues."
"The announcement of the stress itself has, I think, created stress in a sense in terms of how the private sector looks at the institutions."
"I think part of this is that, remember, we do have a legal procedure."
"AAA-rated bonds out of municipalities for schools and hospitals has got to be at least as creditworthy as a student loan."