We have ended up buying stock, and instead of having our money be backing up this collateral that went to these counterparties that really have made out like bandits.
Bob Corker
The Public Record
Bob Corker is a former United States Senator from Tennessee, serving from January 4, 2007, to January 3, 2019. A member of the Republican Party, Corker was known for his leadership as the chairman of the Senate Foreign Relations Committee, where he focused on issues related to foreign policy and fiscal responsibility. During his tenure, he played a significant role in shaping U.S. foreign relations and was involved in key legislative efforts regarding international agreements and budgetary matters.
It seems to me that that is another step that we have made that has greatly put taxpayer monies at risk, and I just wonder why we would have done that.
I am writing you to request your support for the 'Safe Prisons Communications Act of 2009' that has been recently filed by Senators Kay Bailey Hutchinson and Jim DeMint.
capitalism has failed, and we're going to kind of make everything happen from this central government.
We have decided that there are a number of institutions in our country that are too large to fail.
It seems to me that all of us have talked about the need for the credit markets to function.
it seems to me that what you have explained is a creeping nationalism of our banks.
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.
we are committed to ensuring the viability of all major U.S. financial institutions
It seems to me that what we are throwing out is that notion that some folks have put forth--again, I am just observing--of creating some mechanism for these banks to actually be healthy now that is not going to happen.





