Robert Menendez actually said...

"it exposes to me a culture of greed, a culture of cheating, of lying, at least at one large bank, and probably many more."

"we are talking about billions in effect, if not trillions in effect."

"Well, I would look forward to the Fed's leadership in this regard and suggestions of how we, in fact, make a system that cannot be manipulated, that has consequences to millions of consumers, investor..."

"if you got caught in that period of time in which the traders wanted the higher LIBOR and that was a time in which your adjustment was going on, you had a detriment to yourself."