So many of our big banks failed under their supervision, that says a lot to me about the Fed's inadequacies.
The SEC's Consolidated Supervised Entity Program, I believe was not a success.
I believe myself that they have utterly failed as a regulator, utterly, because most of our Wall Street banks that got i...
You cannot stop everybody from failing. You have to have a mechanism where the people who were unsuccessful get taken ov...
I think we ought to pay particular attention to that.
I appreciate these hearings that you are putting together, and, gosh, we could be here all week and learn a heck of a lo...
I want to thank you, like Senator Dodd did, for your contribution.
I wish we had established that principle more clearly.
I wanted the market to decide that.
I hope we will resist any move--any move--that gives anybody that kind of power and basically renders almost every other...
I have a deep faith that continues to this very day, that markets do a better job disciplining risk than bureaucrats do.
Absolutely.
I think that is the partnership that we should push forward with.
We place ourselves at greater risk if more and more of these people end up being released because we did not have suffic...
Well, we have the Uyghurs who are terrorists, apparently, targeting China, a nation that we want to live in harmony and ...
It strikes me that the new President there is standing up not because we have told him what to do, but because he unders...
Well, in effect, what happens is if you talk to a lawyer and they say you are going to file bankruptcy...
You would have to give them an 'F.' You would have to give them an 'F' if you were a teacher on their ability to regulat...
