08/08/2022
https://transcripts.cnn.com...
"Well, I could not afford it. I can barely afford to buy one ticket on TicketsNow."
"Isn't it true that smaller institutions can cause systemic risk because there are counterparties, it is almost like a ping-pong ball bouncing from one place to another?"
"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."
"Such neglect allowed for and even encouraged a problem that began in the subprime mortgage market to spread throughout our Nation."