04/22/2010
https://www.congress.gov...
"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."
"They thought you were actually holding the equity, which is being on the long side, right?"