Obviously poorly regulated.
If Franklin Roosevelt were to come back today and he would find we had these enormous pooled funds that were outside, vi...
Principles matter, but rules matter, too.
I don't think we can give the power to override fully public bodies charged with issues like investor protection to the ...
The bottom line here is much of this could have been prevented without a single additional piece of legislation being do...
I could not agree more with you.
I have never advocated that.
If you have got bad people sitting on the top of each of those peaks, it is not going to matter what you legislate here.
I would say it is more important to hit this target.
this crisis is the result of what may have been the greatest regulatory failure in human history.
the unregulated credit derivatives market contributed to the largest quarterly loss in history.
Senator Shelby
Something is just simply wrong when that is allowed to occur in our Nation.
I do not think, however, that the answer, Senator is creating a new agency that only looks at products, because those pr...
But laws aren't worth the paper they are written on if they are not properly enforced.
It would be a very bad idea to name who is systemically significant.
It would send certainty to the market, would it not?
It was not so much the failure of a regulatory system, although things need to be fixed, as it was a failure of regulato...