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CSPAN C-SPAN Weekend April 25, 2010

. beige book bu we did not need a capital bailout. we needed a liquidity bridge so we could consummate the sale to a potential buyer. that is what we needed. or we needed a window to be extended to us as it was to the other investment banks that sunday night. to be even more clear, when we heard that the bank was being opened, that the federal reserve a window was being opened, that sunday night, we all said we are fine. we will get this done. we then heard it was not being opened it to us specifically. mr., that was not at all responded to my question. what can we do to convey to boards of directors and ceo s there will be allowed to fail, that there is no safety net? that they will be taken into receivership, that a colorado s, top executives will lose of a thing, creditors will not be paid, and taxpayers will not be on the hook. what do we need to do to convince you that that is what the future holds? frankly, i was convinced at the time. do not misinterpret my stateme

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