Michael Capuano actually said...

You like the system the way it was before they met their excesses. You like the idea of a government backstop to mortgages.

Capuano criticizes the reluctance to change the mortgage system despite widespread agreement on the need for a backstop.

11/01/2017

More Michael Capuano Quotes

So you were going to sell the company to a company you didn't know anything about?

And then, as I understand it, you moved that money to the U.K.

One of the reasons why the money would be moved offshore because those rules are different there.

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 rul...