Susan Collins actually said...

"This investigation raises two overarching issues. First, we must recognize that the dynamic innovation of our capital markets can have a downside."

"I believe we have a duty to serve our clients well."

"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 ..."