at the expense of getting adequate regulation, we are going to turn you into a profit center.
We are not going to go after the end users and all we are talking about is price being made public.
The lack of regulation of derivatives in various aspects contributed greatly to the financial crisis.
the derivatives title of the Dodd-Frank Act is essential to reforming our financial system.
And I want to thank the witnesses for helping the committee with its work.
I had an amendment in the Dodd-Frank Bill that was sort of watered down in the Senate regarding the governance of these ...
Make the fight. If you lose, fine. But what if you are wrong and you win, and you get a judge who says, 'You know someth...
I appreciate the points you raised. I agree with pretty much everything you have said.
For me, $160 million worth of legal fees, it certainly sounds unreasonable.
This hearing is important to the American taxpayers. It is important for us to understand the complexity of the problem ...
This is taxpayer dollars. This is not Enron. This is not WorldCom. We are not shareholders. We are taxpayers.
I get that. Maybe they could find a way to allow some sort of lien or some sort of surety or some other such activity ag...
So you don't think it is possible to split it out?
It certainly strikes me that, in theory, if these individuals acted badly, the company is a victim as much as anybody el...
But these case histories are not based on taxpayer dollars doing this. These case histories are on shareholders' dollars...
I would respectfully suggest that, going forward, we make a determination as to where we are going to draw the line.
So much damage was caused by allowing an industry to take advantage of our families, and I state, 'take advantage of our...
Of course we should support the legitimate and genuine aspirations for democracy.