Bill Foster actually said...

"the most interesting number to me there is that credit default swaps are 7 percent, which is interesting considering the effect that they have had on our economy."

"the systemic risk probably is not there if that is what we are worried about."

"there is not a lot of action that is necessary from our point of view there."

"I think we should all show some humility in our current situation and look laterally at countries that have systems that did not get into this mess."