Chuck Schumer actually said...

Taxpayers had no choice but to step in--and that is my strong view--assuming billions of risk and saved companies because our system was not set up to withstand their failure.

07/22/2009

https://www.congress.gov...

More Chuck Schumer Quotes

"I strongly support Senator Schumer and Senator Toomey in the effort to create an on-ramping for public market for emerging companies like mine."
"If the House package looks familiar, it is because it includes several proposals already advancing in the Senate."
"We are glad to see the House endorsing a few of our ideas."
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