04/26/2010
https://www.congress.gov...
"You want to be trusted. I am glad you want to be trusted, but I think you can understand why there are a lot of folks who have some real doubts..."
"So why do you end up with $2.5 billion of taxpayers' money in your pocket when we don't owe you the money?"
"If you think $12 billion is a small net short, the answer is, you think that is small."
"It is important to note however that we are active traders of mortgage securities and loans."