Jack Reed actually said...

"In fact, my sense is you are arguing that this is really what he should be doing because of his obligations under the present law to, you know, stabilize and to recover as much assets and be as busine..."

"Conserving and preserving assets is an incredibly important goal."

"the principal goal of the conservator should be to preserve taxpayer money"

"the business logic here is to get FHFA to do what business is doing and use resources that have been recently made available"