Pat Roberts
The Public Record
Pat Roberts is a former United States Senator from Kansas, serving from 1997 to 2021. A member of the Republican Party, he was known for his work on agricultural policy and national security issues during his tenure. Before his time in the Senate, Roberts served in the U.S. House of Representatives from 1981 to 1997. Throughout his political career, he focused on issues important to Kansas, including farming and rural development. Roberts was also involved in various committees, including the Senate Committee on Agriculture, Nutrition, and Forestry, where he played a significant role in shaping agricultural legislation.
Dec 14, 2011
We must ensure the integrity of our financial institutions through appropriate oversight.
Dec 14, 2011
We must do everything possible to prevent any unexpected collapses or calamities.
Dec 12, 2011
It is my understanding Chairman Gensler would have been the lead at that time on all MF Global-related issues because he did not become non-participating until 8 days later.
Dec 12, 2011
I think I am going to paraphrase from you and just simply say what we are trying to get straight here is your firm that the three of you were in charge of, amid the eighth largest bankruptcy in the history of the United States, has somehow…
Dec 12, 2011
It sounds like somebody made a decision, either top or somewhere in your heads of operation here, that it became operational.
Dec 12, 2011
It now appears that the firm made subsequent transfers of customer segregated funds in a manner that may have been designated to avoid detection.
Dec 12, 2011
I think I know where he is coming from, but I do not care what business you are in; you do not delegate responsibility.
Dec 12, 2011
The customers here today, and the thousands of others across the country whose money is missing, deserve answers.
Dec 12, 2011
Now, the buck stops somewhere, and between the three witnesses from MF Global here today, I hope we can find out where those hundreds of millions of dollars landed.
Dec 12, 2011
This is a violation of the most sacred rule of the futures industry, you do not break the glass in regards to segregated funds.
Dec 12, 2011
Seventy-two percent is better than where you stood a week ago, but you are not made whole.
Dec 12, 2011
Wasn't the primary purpose of your intensive review to make sure that the segregated customer accounts were not dissipated or otherwise misused?
Dec 12, 2011
Funds do not simply disappear. Someone took action, whether legal or illegal, to move that money.
Dec 12, 2011
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 of the MF Global bankruptcy.
Dec 12, 2011
We have heard a lot of 35-cent words being tossed around, something called 'rehypothecation.'
Dec 12, 2011
As I stated in my opening remarks, the CME knew on or before Wednesday, November 2, that MF Global was attempting to hide something.
Dec 12, 2011
Why don't you together a PowerPoint or a TO chart or something so we could put everybody's name and finally we would probably get down to the custodian.
Dec 12, 2011
I would strongly encourage you to set that up, and I encourage you to make that recommendation to the Commission and to pursue it.
Dec 12, 2011
How many heads of operations--how many heads do we have to have around here before we finally drill down and find somebody's name that knows what the heck is going on?
Politicians like Pat Roberts
