More of the Effing Unbelievable

[Wendy Crewson]

I am sitting here watching C-SPAN and have listened to all of the arguments. I have not read the Bill. Is the rescue for each troubled entity voluntary? I heard King Paulson say that if the Bill restricted compensation and other such things, it would deter institutions from participating. What -- are there still some CEOs that would go under rather than participate?

I do wish they would not rush. I understand the markets could tumble with delays, but this concept of amending the Mark-to-Market accounting sounded promising.

Also, lots of compliments for Rep Frank. He speaks like he has a mouthful of marbles. Must be the others have become used to it and understand him just fine. Oh, and anyone else feel really embarrassed to be in American financial services right now (or just plain American)?