“I have no intention of being a member of the potted plant caucus.”
-Rep. Paul Kanjorski (D-Pa.) at a Jan. 13 hearing on allocating the remainder of the TARP funds. He said his panel would reassert its authority to examine how well TARP has worked.
“From a regulatory perspective, there's going to be a big shakeup across the board on how financial institutions are regulated. You have the SEC, FINRA and bank regulatory bodies. And, now there are large investment banks becoming bank holding companies.”
-Adam Honor?, senior analyst with research firm Aite Group and a co-author of a report on 2009's top 10 securities and investment trends.
“It's an exciting day for America and an exciting day for me. As an African American growing up who worked hard and was studious, my teachers, parents and grandparents told me if I worked hard I could become president some day. To see what has been accomplished by Barack Obama, you see that is not rhetoric or hyperbole. It's a dream come true. That is a positive for all young men and women of color who are working hard and studying and they know that some day they could assume the highest office in the land.”
-NCUA Vice Chairman Rodney Hood during a Jan. 6 interview with Credit Union Times describing his feelings on seeing Barack Obama become president.
“Congress needs to act to help homeowners avoid foreclosure. Unfortunately, the Senate is considering legislation that would do more to bail out lenders and speculators than to help American families keep their homes. The Senate bill would actually prolong the time it takes for the housing market to adjust and recover, and it would lead to higher interest rates. This would be unfair to the millions of homeowners who make the hard choices every month to pay their mortgage on time, and it would be unfair to future home buyers. Instead, Congress should move ahead with responsible legislation to modernize federal–the Federal Housing Administration and Fannie Mae and Freddie Mac. By taking these steps, we can help struggling homeowners and help our economy weather the difficult time in the housing market.”
-President George W. Bush at his press conference, Jan. 12.
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