Ted Kaufman: “In hindsight--at the time, if you knew at the time what was going on, you would say this is as target-rich investment…”

The panic of 2008 has subsided, but it has been replaced by the gnawing pain of countless men and women who can't find work, who can't keep their homes, and who don't know whether their economic story will ever end in recovery.

Widespread cheating and fraud of the sort that drove the speculative housing and derivatives securities bubbles are anathema to public confidence in the markets.

Nothing in life that is worthwhile is easy.

I think disclosure is really the root of a lot of these problems.