Political Quotes

Mike Capuano

The Public Record

Mike Capuano is a former U.S. Representative from Massachusetts, serving from 1999 to 2019. A member of the Democratic Party, he represented Massachusetts's 8th congressional district. During his tenure, Capuano was known for his advocacy on issues such as healthcare, education, and civil rights. He served on several committees, including the Transportation and Infrastructure Committee, where he focused on infrastructure development and public transportation improvements in his district.

Quotes by year · 199920231,229 total · peak 2011 (181)
1999: 18 quotes2008: 3 quotes2009: 79 quotes2010: 9 quotes2011: 181 quotes2012: 158 quotes2013: 170 quotes2014: 108 quotes2015: 159 quotes2016: 82 quotes2017: 179 quotes2018: 79 quotes2019: 1 quote2023: 3 quotes
Apr 18, 2012

So what you do, you may never know. No one may ever know if you actually prevent a bad occurrence.

congress.gov
Mar 27, 2012

I would be happy to join the gentleman to invite the Director of the CFTC back and we will ask him that question to see if he thinks, here publicly, on the record, that Dodd-Frank caused this problem.

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Mar 27, 2012

How does it protect me if some other customer loses their money and, to me, somebody else uses my money to cover their losses?

congress.gov
Mar 27, 2012

Material of the committee belongs to the committee. It does not belong to a Member.

congress.gov
Mar 27, 2012

So, you would--there is no way in the world you would know what they had in an account of $100 or $100 million or a billion, how much money is customer money and how much money is not customer money. Is that correct?

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Mar 27, 2012

I hope that this investigation will move forward in a bipartisan collaborative way.

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Mar 27, 2012

I actually don't have a clue what questions to ask any of you.

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Mar 27, 2012

I have no doubt that most of you have been, as well. And in that time, for those of you--I am sure you all know. But we have $1 billion missing.

congress.gov
Mar 27, 2012

It is my money. I didn't play that game, and yet, you are taking my money to protect some other customer--who lost their money, because they took a gamble.

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Mar 27, 2012

Since the Dodd-Frank Act became law, the Commission has acted like a little child abandoning the old toys and swapping them out for the new.

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Mar 27, 2012

I have approached this--I am not looking for someone who stole money.

congress.gov
Mar 27, 2012

Did anybody in the company, anyone, have authority to transfer customers' funds?

congress.gov
Mar 27, 2012

It is kind of funny. It is a classic. I actually think they ought to be in politics, whoever came up with this term.

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Mar 27, 2012

Do you see that as a potential little issue?

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Mar 27, 2012

IFRS is coming, and that we have to move in that direction.

congress.gov
Mar 27, 2012

So I have well-paid employees of a major company that somehow has misplaced or misappropriated a billion dollars of customer funds, and yet you are asking the trustee in bankruptcy to give bonuses to the very people who may or may not have…

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Mar 27, 2012

I would like to know if Dodd-Frank caused this problem, then what caused Lehman Brothers, what caused Madoff?

congress.gov
Mar 27, 2012

But you didn't protect me. I didn't have the loss. You protected the guy--

congress.gov
Mar 27, 2012

In the normal course of events, what would you expect? I will not hold you to it. Just give me a ballpark idea how long you think it might take for FASB to conclude its review of this and decide whether to amend it or not to amend it. How…

congress.gov
Mar 27, 2012

Ms. O'Brien, I just--I understand and I respect your constitutional rights.

congress.gov
Mar 27, 2012

You really have to be talking to each other.

congress.gov
Mar 27, 2012

If we go to IFRS, we are going to go back toward more principles-based.

congress.gov
Mar 27, 2012

Good. I guess I feel better that you wouldn't, because I am not aware that any financial institution in the world would let that happen in any legal capacity.

congress.gov
Mar 27, 2012

If there was criminal activity at MF Global, I just don't think that is Congress' role to investigate criminal activity.

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Politicians like Mike Capuano