Jim Bunning: “But there was picking and choosing between winner and loser here. You picked Bear Stearns to save and you let Lehman…”

This is a stunning case, knowing that the SEC has changed hands and things, that they would not jump down this after the Madoff--Bernie--after his case hit the papers.

I mean, that to me is criminal negligence, and the sooner they get him before a U.S. court, the better I will like it.

Are the Fed and the GSEs going to aggressively pursue pull-back of mortgages to the originators and investment banks to reduce taxpayer losses?

Five weeks is a pretty good time to be able to read the report and, according to the Inspector General, redact those things that should not be made public.