Jack Reed actually said...

"The overall health of the housing market, its sort of stabilizing and then beginning to slowly appreciate, is ultimately what will make the balance sheets of Fannie and Freddie look much, much, much, ..."

"Just to try to, in my own mind, at least, clarify, these contracts were approved by FHFA, not by the Department of Treasury, is that correct?"

"I presume for the record that we are prepared to entertain any of these serious discussions at any time with Prime Minister Maliki and his cabinet."

"This notion of who can bestow immunity rests on the SOFA which the Bush administration negotiated and signed."