I don't think I'm hearing an answer though. Are you confident that that has now been accomplished, that the books accurately reflect the commercial real estate losses?

I'm concerned about the shifts in accounting standards.

What I'd like to start with is I'd like to talk a little and ask them a bit about the role of the regulators in the run up to this crisis.

Thank you. Mr. McWatters.

Ms. Eberley, that's all for now.

But, I thought you started by saying you were going to terminate and wind down the Capital Purchase Program.

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 that they invested in turn out not to…

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.

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 days, and 14 months into TARP, we're…

I think, actually, this is a program that's doing quite well in delivering a very meaningful improvement in the basic financial economic position.

It's very important to have this debate and we're having it now in Congress.