Chuck Grassley actually said...

"One of the concerns with the loan modification program being run by bankruptcy courts is that judges, directly or indirectly, might force lenders to cram down home mortgages."

"I think it is legitimate, as we have done already, to raise the question--we have HAMP--whether or not that should not be fixed before we look at something else."

"The Committee also needs to study how the President and administration is responding to foreclosures, whether that response is working, whether the $75 million that the administration is spending is a..."

"The Ponzi scheme perpetrated by the Madoffs and Stanford were serious breaches of our financial regulatory system."