I think, that not just here, but in credit default swaps, so much went on on Wall Street, we have rewarded people who essentially said, I know what is going wrong here, but I can't stop doing it because I am making so much money.
Kaufman expresses concern over Wall Street's unethical practices and their consequences for taxpayers.
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I think this is all the ability to know you just cannot have two different sets of rules for people, and if you are powerful and you have got money and you have got good accountants and good lawyers, you can get away with something that…
In the words of Ben Bernanke, America was on a course for 'a cataclysm that could have rivaled or surpassed the Great Depression.'
I do not want a single innocent person to go to jail or be criminally indicted for any reason.
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