Ed Perlmutter actually said...

Thank you, Madam Chair, and welcome to our panel. Good to see you all, and a couple of you have seen me hold up the bumper sticker before.

the Cole Memo was suspended, and it is and has been creating a lot of confusion.

But the American voters have spoken and continue to speak, and the fact is you can't put the genie back in the bottle.

we are here in support of some sort of safe harbor for banks engaged in this industry, which we strongly support.