David Scott actually said...

Excessive compensation packages were indeed a contributing factor because incentives for short-term gains overwhelm the checks and balances.

Discussing how short-term incentives led to financial risks.

06/10/2009

More David Scott Quotes

I just want to congratulate you on, again, pulling together a very timely, and it is a very, very important issue.

We want that to have an opportunity to get into Cuba. We are less than 600 miles from Cuba.

I certainly applaud the CFTC's overarching efforts to bring the futures markets' regulatory regime into the 21st century.

It caused me great alarm.