David Vitter: “I think it is a perfect example of one of the misimpressions I was talking about in my opening statement.”

So just as an example, Wells is the biggest participant in the SBA's 7(a) loan program.

Thank you, Senator Inhofe, for those important clarifications to preemption and for another question that is very important to clarify in order to capture the full conngressional intent of the bills preemption section. This Act is intended…

We need tough new laws to hold corporate executives personally accountable, and we need tough prosecutors who have the courage to go after people at the top.

The only way that Wall Street will change is if executives face jail time when they preside over massive frauds.