02/13/2012
https://www.congress.gov...
"I am not asking you now about the net. I am asking you about your short positions. You had a significant short position, significant and consistently in 2007, is that true?"
"You have the responsibility to tell that client of your adverse interests."
"Is there not a conflict when you sell something to somebody and then are determined to bet against that same security and you don't disclose that to the person you're selling it? Do you see a problem?"
"Most honest observers would acknowledge that the roads of responsibilities lead to places like Washington and Congress as well as Wall Street."