Robert Menendez actually said...

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

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...

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

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