Bob Bennett: “I think, by historic standards, you are proceeding at breathtaking speed.”

But just because you have the right to do it does not mean it is the right thing to do.

We do not make money when we foreclose on customers. It is in our best interest to figure out ways to make loans perform again.

I can understand the impulse for a moratorium. I am not at all sure that a blanket moratorium as broad as this one will produce any higher degree of safety than a more targeted kind of thing.

If you call an IRS agent for advice on your taxes, there is a very good chance you will get wrong advice and end up in tax court.