This hearing...reminds me an awful lot of a hearing we had on Enron.
Did anybody in the company, anyone, have authority to transfer customers' funds?
It is MF Global Inc.'s issue, not mine. I don't have anything to do with it.
Do you see that as a potential little issue?
If that is the case, I think we have more than a little bit of a problem here.
I was on vacation.
I actually don't have a clue what questions to ask any of you.
I would like to know if Dodd-Frank caused this problem, then what caused Lehman Brothers, what caused Madoff?
Since the Dodd-Frank Act became law, the Commission has acted like a little child abandoning the old toys and swapping them out for the new.
Ms. O'Brien, I just--I understand and I respect your constitutional rights.
I didn't know what was going on. I had nothing to do with this.
I would be happy to join the gentleman to invite the Director of the CFTC back and we will ask him that question to see if he thinks, here p...
I hope that this investigation will move forward in a bipartisan collaborative way.
I have no intention of going easy on MF Global.
Material of the committee belongs to the committee. It does not belong to a Member.
I have approached this--I am not looking for someone who stole money.
I am as incensed as you are at the breathtaking lack of care shown by employees at MF Global in the handling of customer funds.
I want to be clear that I am on the record to say that up until now this subcommittee, in my opinion, has worked very well.
