Jack Reed actually said...

"But excuse me. Countrywide was being forced to write terrible loans even as their market share grew much more dramatically than Fannie Mae because of the affordable housing goals."

"As the author of the National Housing Trust Fund and the Capital Magnet Fund, I was very pleased to see that your Housing Commission recommended retention of these two entities in a reformed housing s..."

"Thank you very much."

"I do not think anyone accused you of being naive at all."