07/16/2012
https://www.congress.gov...
"I mean, that is nationalization."
"This will be a public--I mean, the public sector would have to be involved, it seems, in helping create a good bank/bad bank."
"I think the mechanism that is being put in place is a mechanism that absolutely means that none of the 20 major--19, 20 major banks in our country ever have the chance of being seized."
"it seems to me that what you have explained is a creeping nationalism of our banks."