Bob Corker actually said...

I think the big, the 90 percent issue is that many of these banks know because of GAAP accounting on their accrual loans they haven't taken losses that they know are coming.

02/04/2009

https://www.congress.gov...

More Bob Corker Quotes

"This is a real debate that we need to have."
"I do want to thank you for having this hearing. I think it has been very educational for all involved."
"Does the President have the ability, without an AUMF, to carry out the activities that he is carrying out today against terrorists, affiliates of al-Qaeda?"
"I think what I heard you say is, he has the authority to carry out the activities he is carrying without really having an AUMF."

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