Robert Menendez actually said...

"I think they really are trying to, with the conservatorship and with FHFA, are trying to figure out a long-term profitable arrangement that will benefit the taxpayers."

"FHA is a critical resource for providing financing, particularly to first-time home buyers."

"I look at this and I say, Well, who is the biggest holder of the major part of--significant part of the liability here? It is Fannie and Freddie."

"But I would assume--I understand what you are saying, but I would assume the conservatorship, ultimately its goal is to maximize or limit, actually, the scope of the liabilities at the end of the day."