11/09/2009
https://www.congress.gov...
"I get uneasy about the fact that the Fed is the lender of last resort."
"With all due respect, this is the problem. In a sense, we talk about too big to fail in the sense of private institutions."
"It seems to me you get, like in the thrift crisis years ago, the regulator becomes also the one that also deals with these resolutions."
"I have said over and over again I am sort of agnostic on all of this. I want to do what works."