Mike Crapo actually said...

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 transactions that would not necessarily be justified by any appropriate increase in safety and soundness.

Context

Crapo reflects on Edmonds' statement regarding unjustified costs from increased margin requirements.

05/24/2011

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