"failed policies under President Bush and under President Obama bear some of the blame for the crisis."
"If those involved in the financial collapse had responded appropriately to market indicators and had refrained from unsound lending practices, we would not have experienced a crisis so severe."
"not affordable, we're not going to buy it, and it's going to just fall by the wayside like it has at a different time 2 years ago."
"Shouldn't futures clearinghouses and derivative clearinghouses be treated the same?"
"And are you willing to revise this carve-out to make it meaningful to non-systematically risky commercial companies that offer swaps, so that they can conduct their business without being caught up in..."
"First of all, Mr. Gensler, let me ask you. I have heard from a few of our market participants that the CFTC's proposed rule on margin segregation is highly problematic, and perhaps unnecessary."
"What I think is the fair question is not that it will be expensive but what will be the marginal cost of providing that additional level of protection?"
"Just to clear up, given that we don't require this margin segregation for futures clearinghouses, I would be interested to know why."
"I have heard from dealers, I have heard from some clearinghouses that margin segregation could dramatically increase costs for everyone involved and will produce only marginal gains in risk protection..."
"If some of these folks are saying that it is very, very expensive, I think--and my suggestion is you really look at it with a very jaundiced eye here."
"I am opposed to any trade agreement at this time."