02/23/2009
https://www.congress.gov...
"We cannot afford to replace Citi-sized financial institutions with Citi-sized regulators."
"I regret we do not now. It would have been a very different situation, in many ways, if we had such."
"I believe it is essential that we identify ways to give the Government the tools it needs to unwind troubled, systemically important institutions in an orderly way."
"This is an extraordinary opportunity. I think we ought to be deeply grateful to the President and to Harold Koh for his willingness to take this on."