I was honored to testify before the COP's recent field hearing in New York City examining problems in commercial real estate.
If the banks are not in a stronger financial position, they will not lend.
We think they could be stronger, and we think they should be used in more ways and more often.
I am very concerned about the ticking time bomb we face in commercial real estate lending.
We return to the same themes that we started with our very first report about transparency, accountability and clarity t...
Nobody should be protected from making mistakes.
If we go back to a world where the basic consumer financial products are just steady, and they are just plain vanilla, t...
We are really trying hard to see what the effectiveness is and to make recommendations that might make it more effective...
It is always a surprise when... we discover that there are people who have abused public trust.
I believe it is unacceptable for us to continue to allow this anomaly to continue.
This crisis may have begun with subprime mortgage lending.