I think it is an enormous problem. I think we have learned it is a bigger problem than we thought it was.
I think the idea of using a public-private partnership in an asset purchase facility is potentially appealing.
I think a complete recovery would require a global recovery and that would require----
Honestly, Senator, I think it is not up to me to make that judgment.
So the purpose of the test is to try to ensure that even in a bad scenario, banks will have enough capital.
We got involved in them, frankly, because there is no clear resolution authority, in the United States for dealing with systemically critica...
as we look at regulatory reform, we need to ask the question, are all the sectors of the economy that need oversight, are they being watched...
if we are going to have a strong recovery, it has to be on the back of a stabilization of the financial system
The purpose of these tests is to try to assess how much additional capital and what kind of capital they need so they will be able to lend a...
I think we want to get as much certainty about the policy going forward so people understand the rules.
There is no commitment by any means to never shut down a big bank. Absolutely not.