Chuck Grassley actually said...

"Will that sort of punishment be known to the public? Or will there be an attempt to keep it secret?"

"It has been over a year since the SEC Inspector General issued the Madoff report."

"It is very important to have these oversight hearings, particularly within 1 year after FERA has been passed."

"Most shocking is how these frauds went undetected for years by SEC, despite repeated warnings and tips."