I remain convinced that the steps the government took to save the financial system were absolutely necessary.
Just because an institution is small doesn't mean it is not risky.
This is too important, it is too complex to be subject to the vagaries of political litmus testing.
So if we didn't guarantee as many mortgages, there would be less securitization.
I am quite disturbed by the manner in which the Administration has gone about introducing their latest proposals.
I remain committed to considering any concept that may help us achieve our overarching goal.
We must get it right, and this is a goal that I know we both share.
Do you think the securitization is also related to the Fannie and Freddie guarantees?
Yes, and you could clearly say one large institution doing risky things poses a greater systemic risk than one small ins...
Well, I know on that fateful week, and Chris was there, the worry was these people with short-term paper would just with...
I worked in it.