I don't understand why I have to accept the fact that issuer-paid business will continue to go on forever.

I can't believe any of you really believe that credit rating agencies' judgments, right now, is trusted by anybody in their right mind.

You have every right to say anything you want. Go right ahead. You don't have a right to sell it.

Where's the problem if that's all we're asking? Simply base your credit rating on that.

I want to thank Chairman Frank and Congressmen Miller and Watt for including my bill, the Credit Risk and Retention Act, into their broader mortgage reform bill.

It has been a swear word in Washington for 30 years.

The biggest word we dealt with for 30 years... is the word 'regulation.'

At some point, if it is 40 percent--when does it make sense to either go to 51 percent--and I know the word nationalization nobody wants to talk about.

Thank you for doing this all day.

At some point, it no longer becomes an investment. It becomes--you know, they are on life support.

If we have to take a 40 percent position on a huge bank, please tell me what the definition of failed management is.