Jack Reed actually said...

If we want to stabilize the economy, we must be sure we also address the root of the problem.

The process can and should be more transparent.

I understand also that they were given credit by the regulators for their affordable housing goals with the purchase of much of these market...

But as we have seen during this crisis, many of those, if not most of those, AAA-rated securities have, in fact, been downgraded.