Blaine Luetkemeyer: “It is interesting that she is talking about trying to continue to fund an agency that was totally absent with regard to…”

“It is interesting that she is talking about trying to continue to fund an agency that was totally absent with regard to the crash back in 2008. Yesterday, we asked the question of the SEC representative as to whether there was anybody who had been put in jail, as to whether anybody had been fired, as to whether there had been any changes to the personnel who were there. The answer was 'no.' There were some ongoing investigations; but at this point, nothing had been done. So we are going to try and give some more dollars to the group that was mismanaging the thing to begin with without its having any more accountability. I think that's the wrong way to go.”