Christopher Dodd actually said...

"But we all recognize, I think most of us do, the value they are playing right now in terms of stabilizing the market."

"But we also recognize that we have got to reform this fundamentally, and how we do that is still open to some debate."

"We examine, obviously, the catastrophic problem that has undercut the financial security of millions of American families and nearly destroyed our economy, and that is the U.S. housing market."

"Many feel as though if you could do something on principal forgiveness, making it possible for that value, the equity to be able to increase and exceed the value."