Elizabeth Warren actually said...

"AIG was not a bank."

"TARP was an important part of the government's rescue strategy and it helped rescue the financial system from imminent collapse."

"So, if we're going to be effective in dealing with this, we have to find some way to mitigate both the stigma of coming and the fear of changes in the future rules of the game that are going to apply ..."

"Another that I am deeply concerned about is the extent to which the current programs that Treasury advances send a signal to investors in mortgages."