On the recordFebruary 10, 2009
I want to ask you to do something that Abraham Lincoln suggested we do that worked very good back then...
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congress.govI want to ask you to do something that Abraham Lincoln suggested we do that worked very good back then...
Scott urges the banking industry to act selflessly during a critical time.
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It disconnects it from the individual company responsibility, and that is a big difference that usually doesn't get mentioned.
I have such respect for you and your economic genius and prowess in the financial system.
Quite frankly, Congressman, I think we have a history of not wanting to see what happens when we don't bail out banks.
We shouldn't do that again. So, I am skeptical whether all of these resolution procedures will actually be used.