Chuck Schumer actually said...

"The failure to devise... a clear and credible plan for employing TARP has also resulted in a massive waste, some people believe, of taxpayer dollars."

"Another thing that the TARP has accomplished is covering up the egregious failures of our banking regulators over the past decade."

"I believe that had the Treasury... exercised different judgment and proceeded in a more deliberative and measured manner, the most severe aspects of this financial crisis could very well likely have b..."

"I fear this situation sets the stage for the creation of the American version of the zombie banks that were a principal cause of Japan's so-called lost decade."