Michael Capuano actually said...
But even for a repo, I guess what I am getting at, as I understand, and this really is not just MF Global, as I understand it, under the rules of the CFTC a week ago, or 2 weeks ago, whatever it was, everybody talks about segregated funds, that somehow the customers' money is locked away never to be touched.
Context
Capuano discusses the misconceptions about customer funds and CFTC rules.
12/14/2011