The victims need to be made whole. And anyone who acted improperly certainly needs to be punished.
I am going to take you at your word that you never gave instructions to misuse customer money.
I think it's a fair question to ask what they are going to do from this point forward, but they were put together for systemic risk.
Do you realize how much this smells? This is like a dead fish sitting on the table to me.
Because the reason I ask is, as I understand it, when everything is said and done, where the collateral might come from, that's fine, we'll ...
But for the sake of discussion, I also presume that as a bankruptcy trustee, you were collecting information on all creditors, not just cust...
I am not afraid of regulation, but that can't possibly work.
The collapse of MF Global was one of the largest bankruptcies in our Nation's history.
I am not suggesting that you were doing anything other than what everybody else was doing.
This proposal today is a good proposal. It is something that is long overdue and I congratulate the chairwoman for submitting it.
This will not end homelessness. The only way for us to do that as a society is to be honest about it and to try to put money on the table to...
It is a national embarrassment that we have children on the streets.
Regulation is important, and if we are going to get a bipartisan deal done here, I think we need to be factual and we need to understand tha...
If you want to look at facts, let's look at the compliance costs, which are now 30 times what I was told they would be on this committee whe...
Mr. Chairman, I know that the obvious question everyone wants to know is, where is the money?
They use the fact that because of them it is all coming from the taxpayer as a reason not to fund it adequately.
This is an interesting switch. For some time now, I have been hearing my Republican colleagues complain about overregulation.
The regulators are not the Salvation Army.
