On the recordSeptember 29, 2009
Moral suasion doesn't seem to be enough in some cases.
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congress.govMoral suasion doesn't seem to be enough in some cases.
Bayh critiques the effectiveness of the IMF's influence in certain situations.
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I was not long ago--Jeff Merkley was here a while ago--a city that was in real trouble, and, again, with a light-rail system coming in, they made some very intelligent decisions.
I am delighted they are talking about the capital standards, but this is going to involve different levels of domestic political pain depending upon the country.
I note that estimates show that $5 trillion in bank debt may be coming due in 2012.
I want to thank my Ranking Member, Senator Corker, and Senator Reed, my friend and colleague.