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here are some of the moments between me and banky frank roll it? >> i think this is a case where fan from and freddie are fundamentally sound. they are n danger of going under. they are not the best investment these days from the long point back. i think going forward. housing market. i do think prospects going forward are very solid and in fact we are going to do some things to improve them. >> bill: shouldn't everybody in the country in the country be angry with you right now. >> no. you have misrepresented this consistently. i became chairman of the committee on january 31st, 2007. less than two months later did i what the republicans hadn't been able to do in 12 years, get through the committee a very tough regulatory bill. it passed the house in may. i have always felt two things about fannie mae and freddie mac that they had an important role to play but that regulations should be improved. one other point the senate was drags its feet as often happens and in january of 2008, i asked secretary paulson to put in the stimulus bill. so the earliest chance i got to

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