Elizabeth Warren actually said...

"The continuously escalating mortgage foreclosure crisis threatens to overwhelm the entire effort to stabilize our financial system in the interest of broader economic recovery."

"Public policy should be about minimizing foreclosures for the same reasons it should be about minimizing child abuse or protecting the public health or educating our children."

"Treasury's failure to adopt these recommendations in my view has been one of the great failings of the past year."

"The toxic assets remain on the books of the banks; the commercial real estate mortgages are a coming crisis."