Bob Bennett: “The subcommittee will come to order. I apologize to our witnesses and to those who have come to hear them for the fact…”

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.

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 think the outcry would be very, very strong. There is a huge conflict of interest here, and such an individual should not be included.

Most disturbing to me and others who share my concern about this--this is not strictly a Utah parochial issue--is the lack of evidence--it is a complete lack of evidence--of any coordination between the National Aeronautics and Space…