Jim Himes actually said...

"Is more liquidity always good? Is there some optimal level of liquidity above which the system becomes risky, below which capital markets aren't functioning well?"

"No, I understand that, and of course there is a pretty dramatic difference between my Toyota dealer and the bank..."

"But you, in your derogatory treatment of the government, would at least acknowledge that those three banks would have a hard time being with us today had it not been for a government program?"

"I was a banker for a long time. And oftentimes when the market forces have been most active, there has been too much liquidity and catastrophe that followed."