Richard Blumenthal actually said...

"One of the questions that really, I think, follows from that comment... what role do you think financial institutions can and should play in the detection of these kinds of problems?"

"So I'm wondering whether more emphasis on culpability and prosecution would be worthwhile."

"Would it be helpful to redefine or recharacterize Federal programs so as to be eligible for that funding?"

"Do you think that institutions of the kind for which you work are doing enough?"