Do you think they know that you think something is a piece of crap when you sell it to them and then bet against it?
Your clients' interests always come first, and they don't.
I would have hoped you would have said you were appalled as your first reaction.
Half of those items in the portfolio were suggestions that came from Paulson. Is that correct?
We are going to pass a bill before we find everything, and that is somewhat concerning to me.
Didn't you make a decision in December 2006 to basically head in a different direction? You were much too long and you w...
This week the Senate is trying to consider major financial reform legislation that could have profound effects on our ec...
This is net short. This is all synthetics across the Mortgage Department, is that correct?
I am not asking you now about the net. I am asking you about your short positions. You had a significant short position,...
Most honest observers would acknowledge that the roads of responsibilities lead to places like Washington and Congress a...
They thought you were actually holding the equity, which is being on the long side, right?
Boy that Timberwolf was one shi**y deal.
If we can understand this piece of the puzzle, we will be in a much better position to craft responsible legislation.
Mr. Sparks, turn to Exhibit 173. This is an email message, November 2006...
I wouldn't trust you. If you came to me and wanted to sell me securities and you didn't tell me that you have a bet agai...
You don't believe it is relevant to a customer of yours that you are selling a security to that you are betting against ...
Do you think if your people think something is a piece of crap and go out and sell that, and then your company bets agai...
Thank you, Mr. Chairman, and, again, I congratulate you for this in-depth investigation.
