Testimony Before Congress: The Private Sector and Government Response to Mortgage Foreclosure Crisis

" The date was December 8, 2009. Treasury Assistant Secretary for Financial Stability, Herbert Allison provided written testimony before the House Financial Services Committee. His testimony was titled: “The Private Sector and Government Response to the Mortgage Foreclosure Crisis.” And I read it. The whole damn thing. You can too. But, for those of you that have the good sense not to, I thought I’d pull out the highlights and provide a little commentary."