Ted Kaufman: “Widespread cheating and fraud of the sort that drove the speculative housing and derivatives securities bubbles are…”

We have got to get away from this too-big-to-fail. It is bad in so many different ways in terms of the concept.

A paper tiger that will fall apart the minute it is tested in a real life financial crisis

In the words of Ben Bernanke, America was on a course for 'a cataclysm that could have rivaled or surpassed the Great Depression.'

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