The Fed is under the authority legally, as I understand it, to only provide resources to creditworthy companies.
I mentioned in my opening statement that the Federal Reserve made a decision to pay off at par value sophisticated inves...
I think all of us wish we were here today instead talking about how to help those struggling to get by.
During the fourth quarter of 2008, who represented the government's 80 percent ownership of AIG?
Public confidence in what we are doing is at stake.
that we find ourselves in this situation at all is, in my mind, and the minds of many of my constituents, quite frankly,...
we are here in the wake of the fourth plan to rescue AIG, once again committing tens of billions of dollars.
the Treasury did not have someone here this morning.
There has been an assumption that the Community Reinvestment Act gave mortgages to a lot of poor people who couldn't aff...
Thank you, Senator. Those are good questions and ones we have spent a lot of time on over the last 2 years.
The idea that there is this level playing field between the borrower and the lender... is questionable.