Robert Menendez actually said...

But isn't it true that, largely speaking, at least at this point in time, these banks cannot raise the type of private capital that they nee...

I am reminded of the shortcomings in the Fed's regulation of bank holding companies.

But for all the successes the Fed has had in carrying out its core mission--monetary policy--its regulation and consumer protection missions...

I think it will be less costly. We will begin to see the recovery a lot sooner.