Kent Conrad actually said...

I think there was one part of it that was very, very wrong, and I regret deeply my own going along with it.

I believe it is a combination of a very loose monetary policy, a very loose fiscal policy, a very loose trade policy, all coupled with dereg...

I think derivatives, while probably the vast majority of it is completely legitimate, the part that was not was the assessment of risk.

I have no interest in restricting the rights of the minority.