01/27/2009
https://www.congress.gov...
"I am fairly new to the banking industry but not new to following TRIA."
"The current setup where all of the gains are privatized while some of the losses are socialized is not an environment that fosters innovative solutions and accurate pricing."
"In listening today, my question is, is there a doubt that there will ever be, in your minds, a private terrorism risk insurance without a TRIA program?"
"Provide temporary financial compensation to insured parties, contributing to the stabilization of the United States economy in a time of national crisis."