Jack Reed actually said...

there is an over-correction going on in the marketplace which argues very strenuously for decisive action, which I hope is forthcoming.

Reed emphasizes the need for decisive action due to falling housing prices.

02/09/2009

More Jack Reed Quotes

The issue is not that someone cannot file bankruptcy. It is that they cannot discharge the loan in bankruptcy.

This to me is one of the most daunting challenges that we have to face going forward.

One of the major issues, of course, is the escalating cost of college education;

What steps are you taking, though, given that concern you have expressed, right now, not retrospectively, how we got here and who did what t...