Tom Carper actually said...

"The Financial Stability Oversight Council, working with other agencies, should establish reporting and data collection requirements to detect and to stop abuse of structured financial products to circ..."

"The IRS should seek to collect taxes owed on billions of dollars in basket option profits unjustifiably claimed as long-term capital gains."

"Option baskets are being misused and abused to dodge taxes and to circumvent leverage limits."

"One of the things that Senator Isakson looked at and I looked at is just having these kind of advanced directives or other tools be recognized across State lines."