I am very proud that we restrained the kind of credit default swaps that AIG engaged in with no ability to repay.
Editor's note · Context
Highlighting the positive impact of regulatory measures on financial practices.
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the concept of taking protections away from small investors just strikes me as anathema.
It is surprising in this day and age that we can have a whole group, several classes of people, being intentionally or even unintentionally paid less, and yet this Government refuses to do anything about it.
It seems to me that today's subcommittee hearing shows that we are well past the point of glossing over the problem and, again, saying the taboo words 'all options are on the table.'
I would ask, is the Fed interested in all, would you be interested in pursuing something--you oversee 7,000 entities, some of them large, some of them small, most of them pretty large.





