I will say it is kind of a sad commentary on our regulatory system if all it takes is changing the name from insurance to swap in order to bypass regulation.
I just wanted to make sure I captured your comment correctly, that the credit default swaps were the great enabler of the major financial me...
I had an interesting conversation the other day with a senior member of the New York Stock Exchange.
There has been discussion about whether you could have categorized credit default swaps as insurance.
I am not sure this point has really been addressed.
Would it be appropriate to back up what the market has done with a specific ban on teaser rates and prepayment penalties?
the failure of regulation has turned the American dream of home ownership into an American nightmare of home ownership.
I appreciate the diversity of models that you are presenting for us to wrestle with.
Thank you very much, Mr. Chairman.
This is an incredibly important plan for millions of American homeowners, certainly important to the financial foundations for our families,...
I think that your team and the Treasury team and Larry Summers' team are to be saluted for really wrestling with a lot of nitty-gritty detai...