Ted Kaufman: “It's only fitting that, at a crisis past, a government should set aside its crisis authorities.”

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

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

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

I do not want a single innocent person to go to jail or be criminally indicted for any reason.