"I think it is shameful that the Treasury Department is too busy to deal with the Congress with regard to the collapse of the housing market in America."
"Unfortunately, home foreclosures continue to rise precipitously nationwide, notwithstanding the efforts by the Congress and the previous Administration and this Administration to stem that tide of for..."
"Why are we still trying to get out of the historic credit crisis in this country?"
"I think it is up to us to step forward once again and not to give up on this, Mr. Chairman, because I think it is not yet too late to enact this reform and to stem this collapse of the housing market ..."
"The important thing--it would be one thing if Freddie and Fannie were simply private companies. We are Freddie and Fannie, and the taxpayer will back that."
"I would suggest, Mr. Chairman that it ought not to be the prosecutor."
"But nevertheless, the offenses that the corporations are generally alleged to have committed, are more serious than the minor misdemeanor that a person might have committed as a first criminal offense..."
"In these corporate situations sometimes the public never knows of the wrongdoing of the corporation, and the public is harmed."
"We are not just talking about the manager. We are not talking about a manager of a baseball team..."
"It gives us no information whatsoever. No billable hours, no reimbursable expenses."
"I understand that corporations are different than individual citizens in that they represent a large number of stockholders."