Months before an election. We were the two point people for the democrats. I didnt act in a sense of partisanship. Two, the president in his first speech to Congress Said he would ask for more money if it was necessary. We had a big debate in the white house we may have needed more money. The market needed to hear that he was willing to go went get more money. The precrisis need for that. He came to the aid of the fed. Bankers are not the Financial System. He was willing to spend Political Capital on the thing that was very unpopular and ask for additional resources. His firstat in address to the United States house of representatives. Brought up as it relates to compensation and bonuses was the first issue when we were first debating. I think you have the cause and effect backwards. Over the money being given to the banks was enormous. A large number of people were losing their homes. Intervening to help people foreclosed upon was a much more Conference Controversial issue than people
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