Jeff Merkley actually said...

"That had a huge impact on the multiplication of the subprime switch."

"Ordinary families went to their mortgage brokers. They saw on their spread sheets that they were paying their broker a certain amount of money."

"What they did not know is that their broker was being paid a separate fee off the books to steer them into a subprime."

"There is no long-term benefit to China and Russia to having a nuclear-armed Iran."