Mike Johanns actually said...

I think if we look back in 20 years and found out that is where we ended up here, that would be a tragedy.

Johanns warns against regulatory efforts leading to larger firms dominating the market.

06/21/2009

More Mike Johanns Quotes

I do not think at the end of the day that most people on Wall Street are competent to be a rating agency.

Your testimony worries me.

The transparency is not the issue. You can bring up the transparency and I think everybody would love that.

I just worry that what you are doing here, unless you do something in that area, you are going to put the little guys out of business.