"Thank you. Mr. McWatters."
"Thank you. I just want to stay on time, but I hope we can come back to this."
"Perhaps most disturbing of all, TARP created an implicit government guarantee for major financial institutions."
"TARP was an important part of the government's rescue strategy and it helped rescue the financial system from imminent collapse."
"TARP has been far from an unmitigated success."
"So, let me just, if I can, pinpoint--how can it be that we can manage to put hundreds of billions of dollars into the hands of very large financial institutions, in what was effectively a matter of da..."
"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 ..."
"But, I thought you started by saying you were going to terminate and wind down the Capital Purchase Program."
"So, your statement here today is, the reason we're having a problem with small business lending is that you're making the money available to the small banks and they just won't come."
"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."
"Let's keep in mind this is about whether or not the investors in these mortgages, some of whom made substantial profits during the glory days, should be required to take the losses when the mortgages ..."
"I think, actually, this is a program that's doing quite well in delivering a very meaningful improvement in the basic financial economic position."