07/16/2012
https://www.congress.gov...
"Saying that we will be back moving forward in 2010 is pretty much a V theory, not an L theory, if we stabilize the system."
"But you do not rule out some regulation of the smaller----"
"How do we deal with the leverage issue for non-depository institutions is what I am asking."
"This time our recession is being caused not by rising interest rates but, rather, a massive credit crunch."