CSPAN3 Politics Public Policy Today November 19, 2013
To come in and the authority to say, we didnt have when lehman went down, to come in and guarantee liabilities or inject capital as part of an orderly resolution process. It doesnt tell you how long the orderly resolution process should last. And i i dont believe the public would be as angry if the crisis if the economy hadnt turned way down and if they werent suffering. They wouldnt be as angry if banks were propped up, failed banks in their current form. Which is what david got in to with the perception of the American Public. They dont understand why an institution fails, should be bailed o...
Source: archive.org