Stephen Lynch actually said...

I do think that derivatives had a lot to do with the impact and the scope of the economic downturn that we are currently experiencing.

Lynch attributes significant responsibility for the economic downturn to derivatives.

06/08/2009

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We reverted to socialism when we took $700 billion from the people, taxpayer money, and gave it to the banks.

The United States capital markets are the envy of the world because of the work the SEC does.