Pat Roberts actually said...

Did you suspect that the customer funds might go missing?

As I stated in my opening remarks, the CME knew on or before Wednesday, November 2, that MF Global was attempting to hide something.

We have heard a lot of 35-cent words being tossed around, something called 'rehypothecation.'

For the entire panel, in your testimony this morning all of you have referenced a loss of confidence in the futures market in the aftermath ...