David Scott actually said...

"They should be online when red flags go off and danger signals go off."

"I disagree with that. There are numerous studies from the Bank for International Settlements (BIS), which is a widely-acclaimed source. It is neutral, it is not political, and it says that higher capi..."

"Yes, because if we increase the capital associated with taking a position and a derivative, it is going to increase the costs."

"I think there should be much more legislative control over this process than has existed in the past."