Richard Durbin actually said...
When a man named Bernard Madoff can, over the span of 10 or 20 years, lure investors into what has turned out to be a Ponzi scheme, causing many of them to lose millions of dollars, and his wrongdoing goes unnoticed by major regulatory agencies, it is clear more has to be done.
Context
Durbin emphasizes the need for regulatory improvements after the Madoff scandal.
06/01/2009