Tom Carper actually said...

Federal financial regulators should make clear to banks that participating in abusive structures designed to avoid leverage limits and taxes...

I want to thank Senator McCain and his staff for their hard work in making today's hearing and our bipartisan report possible.

Treasury, and the IRS should remove impediments to audits of large partnerships, like hedge funds, 99 percent of which today escape IRS audi...

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