Elizabeth Warren actually said...

"TARP was not designed merely to rescue large banks; the broader, long-term goals were aimed at strengthening the overall economy."

"TARP has also failed to check the culture of excessive risktaking that brought on this crisis."

"So, if I'm understanding you correctly, you're saying that the advantage to breaking up the big banks is, we end up with more banks that can fail, because we let them fail, but more banks, then, that ..."

"This hearing will come to order. Good morning. I'm Elizabeth Warren. I'm the chair of the Congressional Oversight Panel."