I have a slight problem with what I hear of the President's vision. I hear it over and over again--full transparency.
Bob Bennett: “I have a slight problem with what I hear of the President's vision. I hear it over and over again--full transparency.”
Editor's note · Context
Bennett expresses skepticism about the President's commitment to transparency without effective systems.
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I would urge you to have conversations with whatever 'elves' within the administration you deal with, over at OMB, because I think that's where the decision was made.
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.
I think the outcry would be very, very strong. There is a huge conflict of interest here, and such an individual should not be included.
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.





