"When we have seen in the last several years the $16 trillion drop in household net worth caused by a complete failure of the Republican fiscal, regulatory, and monetary policy replaced by an $18 trill..."
"Mr. Leach, I guess, could you say a little bit more about the net job creation in an IPO versus an acquisition scenario?"
"I come from the point of view of someone who started a startup with $500 from his parents that is now $150 million a year..."
"But I am afraid that the dreams of a pure and undistorted world economy are not met by the realities due to the asymmetry from subsidized credit by our foreign creditors."
"So my attitude is very much one of, we will put down our weapons when they put down theirs."
"And so my question is, in addition to specific comments on that situation, how do you generally handle this type of tradeoff, to understand whether a given transaction actually nets out positive for t..."
"I would like to start by thanking the chairman for having this hearing."
"One impressive solution to the two fundamental questions of housing finance is the housing finance system of Denmark, as discussed in my written testimony and pointed out by Congressman Foster."
"One of the things that makes it hard to compare mortgage systems across national boundaries is the very different loan-to-value limits that happen in different countries."
"I was really, as I mentioned in my opening comments, surprised about the positive things said about the Danish system."
"I want to emphasize to my colleagues the importance of fully funding the SEC."
"It is imperative that this Congress provide the agencies that are charged with policing the financial markets with the funding that they need."