I think there was one part of it that was very, very wrong, and I regret deeply my own going along with it.
Editor's note · Context
Conrad expresses regret over supporting a part of the Modernization Act related to derivatives.
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We very much see it as a package. That is the way it was negotiated, and this was a difficult negotiation to get 18 of the 19 to agree representing all points on the political spectrum.
Mr. President, I thank my colleagues. These will be my final remarks to the Senate, and I thought I would share with my colleagues my observations on what has just occurred to put in perspective where I believe we are and where we are…
If you are really going to relieve me of the administrative burden, if you are going to really relieve me of the liability, if you are going to really relieve me of the cost other than the payroll transfer.





