Robert Menendez actually said...

"Thank you very much."

"Thank you Chairman Menendez, Ranking Member DeMint, and Members of the Subcommittee, for the invitation to speak today."

"I know that prices, home prices, are low, and interest rates are about as low as they get."

"I appreciate moral hazards as much as anyone else. I think there are moral issues into how people were led into mortgage products they should have never been into."