"This is a huge set of issues with a lot of work to do."
"The SEC is supposed to be the cop on the beat, but it seems to have been off duty for the past few years."
"The SEC is in dire need of a strong leader who is not afraid to make drastic changes and tough decisions."
"We are going to be watching very carefully the TARP program."
"We need to do it soon, in my view."
"I want to hear from you that you are willing to take no prisoners and question everything about the way the industry does business."
"We have to go with full force and fervor against anyone who violates investors' trust."
"I think we really do need to think about it."
"I would like to create an entirely new process within the Commission so that these matters are centralized."
"President Bush has made the request. President-elect Obama has endorsed the request, and said that this is a tool that he needs as the President-elect coming in."
"I appreciate Senator Shelby has shared his thoughts with me, as well--that we tried 2 years ago to raise the issue, the closure issue, on numerous occasions in this very room, and had very little resp..."