Sheldon Whitehouse actually said...

"It applies to every single type of debt, including debts that the banks hold, except for one kind, and that is the poor residential mortgage holder."

"But don't we have, in effect, a capital liability to fix that bridge, that if we were accounting in a full kind of all-in way, we would recognize some way?"

"The personal cost of these foreclosures really comes home to roost on people in ways that are agonizing."

"Although the efficiency of the American bankruptcy system has been one of the great assets of our economy."