12/16/2009
https://www.congress.gov...
"I believe congressional oversight and accountability will suffer."
"It seems to me that the documents that you have compiled... tell a very different story."
"Do you think that Congress should impose a clear fiduciary obligation to act in the best interests of your clients on broker-dealers?"
"Well, Mr. Tourre, that is not how it reads to me. It reads to me that you wanted to deal with people who did not 'know exactly how things work' and would allow you to make more money, and that raises ..."