01/14/2009
https://www.congress.gov...
"But didn't Mr. Paulson just want to make money because he thought the market was going to tank?"
"You put one side of the bet in the room with the people who are picking the product, which is, I think, bizarre."
"I wish we had done more to get there."
"There is nothing in a synthetic CDO that is essential to certainty to anybody's business other than somebody just deciding they want to take one side of a deal and the other side of a deal."