Mike Crapo actually said...

"it seems to me like we are raising the cost of capital and reducing the availability of capital for very little benefit."

"And if that is the case, I believe, and I do not want to speak for him, but I believe Mr. Edmonds in the first panel indicated that that increased margin requirement would be a cost on end user transa..."

"I would say for the market as a whole."

"So if I were to look at two of the important issues related to end users, one, their ability to have a customized product, and two, the impact of margin requirements, would you say that you feel that ..."