Michael Capuano actually said...

I am very proud that we restrained the kind of credit default swaps that AIG engaged in with no ability to repay.

Highlighting the positive impact of regulatory measures on financial practices.

10/05/2011

More Michael Capuano Quotes

I can't imagine that anyone would defend a stupid law, and therefore we should change a stupid law.

I happen to believe that had it not grown at the time it did, there would be no housing market right now.

The bottom line is, I agree with many of the things that the chairman said.

From what I see, things are moving in the right direction.