Kent Conrad actually said...

Inject money into the institutions, require them to rework the bad loans, and have them do the workouts.

Kent Conrad emphasizes the importance of capital injection and loan reworking over government ownership.

01/07/2009

More Kent Conrad Quotes

The one thing I know for sure is that what is happening now is not working.

Can I just respond quickly, Mr. Chairman, and say when Simpson-Bowles went down, a group of six of us in the Senate, three Democrats, three ...

We admire that, and I can say on both sides of the aisle, people recognize the job he did as Budget Committee Chairman.

I thought he was an outstanding Committee Chairman, and my former intern has succeeded him in his Congressional seat.