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| TIME | SPEAKER | TEXT |
|---|---|---|
| 00:00:31 |
|
I HAVE AN ANNOUNCEMENT, IF THERE IS A FIVE-YEAR GET THE HELL OUT OF THAT ME SAY BRIEFLY AND I WILL... |
| 00:02:45 |
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CHAIRMAN FRANK TODAY THE HOUSE RELEASED A REPORT SAYING THE TREASURY DID NOT GIVE COMPLETE ANSWERS.... |
| 00:02:53 |
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UNFORTUNATELY THAT IS THE CASE AND THAT IS WHY WE ARE WRITING THE BILL THE WAY WE ARE. THERE'S TWO... |
| 00:04:16 |
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FAIR MAN ELITE CO-CHAIRMEN FRANK, CAN YOU TELL HOW THE MINISTER PAUL FEES' -- [INAUDIBLE] |
| 00:04:24 |
|
IT REAFFIRMS THE AUTHORITY OF THE T.A.R.P. TO BE USED TO BUY MUNICIPAL ISSUANCE IS THAT ARE BEING... |
| 00:05:34 |
|
[INAUDIBLE] |
| 00:05:36 |
|
DO I KNOW? NOT YET. |
| 00:05:38 |
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WILL YOU BE COORDINATING YOUR EFFORTS IN THE INCOMING ADMINISTRATION ON THIS? |
| 00:05:43 |
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NOT GOING TO BE, WE HAVE BEEN VERY CLOSELY. EVERYTHING WE ARE DOING IS IN CONNECTION WITH THEM. NOW... |
| 00:06:21 |
|
[INAUDIBLE] |
| 00:06:24 |
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I DON'T WANT TO GET INTO SPECIFICS NOW BECAUSE I'M OLD AND I WILL FORGET. THERE WILL BE A BILL THAT... |
| 00:06:45 |
|
HOW MUCH WILL BE USED TOWARD THE CAPITOL PURCHASE PROGRAM? |
| 00:06:47 |
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WE DON'T THINK THERE WILL BE MUCH. REMEMBER THE 250 IS ALREADY GONE TO THE BANKS AND THEN MAYBE THERE... |
| 00:07:08 |
|
[INAUDIBLE] |
| 00:07:13 |
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I HAVE WRITTEN TO MR. KASHKARI, AND WE ARE UNHAPPY THAT HASN'T BEEN DONE. SO WE ARE PUSHING THIS ... |
| 00:08:02 |
|
ON FORECLOSURE PREVENTION DO YOU SEE THIS -- [INAUDIBLE] |
| 00:08:11 |
|
THIS WILL BE THE MAJOR PIECE. THIS WILL PROBABLY SAY THEY HAVE TO SPEND AT LEAST $40 BILLION UP TO... |
| 00:09:13 |
|
[INAUDIBLE] |
| 00:09:14 |
|
SAID ON THE HOPE FOR HOMEOWNERS WE WROTE IT TOO RESTRICTIVE LAW BECAUSE AT THAT POINT YOU ARE WRITING... |
| 00:09:34 |
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GIVEN YOUR CONVERSATIONS WITH THE OBAMA ADMINISTRATION TO YOU THINK THE BILL WILL REACH ENACTMENT?... |
| 00:09:41 |
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I HOPE IT WILL BE ENACTED IF THEY GIVE US THEIR WORD THEY ARE GOING TO ABIDE BY THE BILL I THINK THAT... |
| 00:10:19 |
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CAN YOU TALK MORE ABOUT THE FDIC WILL? CAN YOU TELL US THE REASON BEHIND THAT? |
| 00:10:28 |
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WE THINK HIGHLY OF SHEILA BAIR. |
| 00:10:30 |
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THERE WAS TALK -- |
| 00:10:32 |
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YOU ALREADY ASKED. ANYBODY ELSE? |
| 00:10:34 |
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ON A LIMITED INCREASE WAS THAT FOR ONE YEAR? |
| 00:10:37 |
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THAT'S GOING TO BE THE STIMULUS, NOT THE T.A.R.P.. WE WOULD DO IN THE STIMULUS AGAIN AGREED UPON WITH... |
| 00:11:12 |
|
[INAUDIBLE] |
| 00:11:14 |
|
YES. THEY SHOULD BE. THAT IS WHAT WE'VE BEEN TALKING ABOUT, THE LOAN LIMIT. THE LOAN LIMITS FOR FHA,... |
| 00:12:59 |
|
[INAUDIBLE] |
| 00:13:02 |
|
WE CAN'T CREATE A MARKET, WE CAN RAISE THE BILL LIMITS, THERE ARE ONLY THINGS BEGAN TO BUY THE PRIVATE-SECTOR.... |
| 00:13:24 |
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HAVING GIVEN INDICATION AND THEY WILL KEEP SHEILA AS CHAIRMAN OF THE FDIC? |
| 00:13:32 |
|
[INAUDIBLE] |
| 00:13:39 |
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OF COURSE, IT WILL COME BACK. DO THINK THAT THE BANK OF AMERICA ARE GOING BANKRUPT? I DON'T. THE FEDERAL... |
| 00:13:53 |
|
SO YOUR OUTLINE GIVE US YOUR THOUGHTS ON HOW YOU TRY TO DO THAT. |
| 00:13:58 |
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I TOLD YOU REMEMBER SECRETARY CALLS AND TALK ABOUT A 7.4%, WE |
| 00:14:07 |
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[INAUDIBLE] |
| 00:14:09 |
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IT WAS IN THE ORIGINAL BILL. THERE IS ANOTHER PIECE THAT WILL BE IN THE STIMULUS WHICH IS TO INCREASE... |
NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.