Jim DeMint: “The challenge is tremendous.”

I am convinced if we kept talking, that you would convince yourselves that this free market approach is the best approach.

I am concerned about that.

The problem clearly came from loose credit policies that resulted in subprime mortgages and toxic securities.

I would just hope the industry could have some kind of a good housekeeping seal that was on every contract, that if something goes wrong there was someone to call, and if that seal is not there you should not move with them.