Chuck Schumer actually said...

There are a lot of institutions with no capital standards, but they were not banks and regulated by you, who used huge leverage, 30:1, 40:1, 50:1.

Schumer points out the risks posed by unregulated institutions using excessive leverage.

02/23/2009

More Chuck Schumer Quotes

We just need you to get an MOU moving on pre-inspection. Can you commit to getting that done as quickly as possible?

One of our top priorities for this Congress must be passing a long-term infrastructure bill that provides the level of funding our system ne...

To get 3.5 million people on and off Manhattan Island every day is an amazing accomplishment.

We do not even now know what the TPA is going to be like. Not fair.