Jack Reed actually said...

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

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

I believe that continuation of Fannie Mae and Freddie Mac as member owned cooperatives would serve to establish standards.

I think we are confronting--I applaud your efforts to go forward prospectively, but we have a huge problem with what we have to deal with ri...