07/06/2009
https://www.congress.gov...
"A cascading of thousands of businesses that would not have access to capital would not be a systemic risk?"
"So the automobile industry would fall in the same context as you are describing."
"Unless an entity like that can find its way out of its financial difficulties, we are talking about hundreds of thousands of small businesses."
"I do not quite understand that community banks that were not the cause of the challenges we face get hit at the same rate as entities that did create some of those risks."