"So in the absence of political issues, you are saying that it would be much better policy to have a direct appropriation to fund such an entity."
"I look forward to working with CBO, that I think that there are many challenges to figuring out a pathway to move quickly, that is fair to our taxpayers, and yet addresses the significant impact on fa..."
"I think the thing one should be careful about is that the HOLC seems not to have lost the Government money on a cash basis."
"I hope I do not overload them with requests."
"One of the things that is very frustrating to me is I think many of the circumstances we are in right now could be avoided had we had reasonable rules of the road at both the retail mortgage market an..."
"Well, and that is exactly the reason I was asking what the average percentage markdown is on the pool, which takes into account the entire extent of mortgages from those that are healthy to those that..."
"Mr. Chair, it is a delight to be here, and particularly to be here for a hearing on housing, which is so important to citizens in this country."
"I am very concerned about the personal safety of myself and my family as a result of this report."
"I have spoken to the heads of various Wall Street equity derivative trading desks and every single one of the senior managers I spoke with told me that Bernie Madoff was a fraud."
"I have outlined in this document a detailed set of red flags that make me very suspicious that the returns aren't real, or if they are real, that they involve front-running customer order flow."