I believe that we do need regulation and many of the list, and it was a bit of an alphabet soup for the public.

I believe that we need to have a full regulatory regime for the market.

To the American public, I would say, as we saw----

I would look forward to working with you and this Congress that we really do bring a full regulatory regime

I think that we had an asset bubble in the oil markets, an asset bubble even in other commodity markets.

I believe that even now, where the Federal Reserve might have broad holding company regulation, that if confirmed, I would look forward to working with Congress and the other regulators to make sure that the dealers themselves have to have…

I firmly believe that strong, intelligent regulation with aggressive enforcement is what our economy needs and benefits the public.

I think that investors in these markets are so interlinked that they will find a fungible place to go.

We should have fought harder for some of the things that we raised with Congress at the time.

The current economic crisis clearly has shown that our financial and regulatory systems have failed the American people terribly.

The current economic crisis clearly has shown, though, that our financial and regulatory systems have failed the American public terribly.

all of us that were involved at the time--and certainly myself--should have done more to protect the American public through aggressive regulation, comprehensive regulation.

The American public, though, needs the benefit of capital to start moving again, to purchase their automobile, to have the student loans, to get their credit cards rolled over, and to get their mortgages.

I will stand up and I will be held accountable. I made a mistake.