05/12/2009
https://www.congress.gov...
"What our hearings demonstrated was that speculation in the commodities markets by noncommercial investors... has grown enormously from 2003 to 2008."
"I cannot imagine a federally or State-chartered bank being allowed to have a leverage ratio of 30:1."
"We need a system where just because a product is new does not mean that it falls into a regulatory black hole."
"I don't see, on the grassroots level, the benefits of putting billions of dollars into financial institutions."