"Regulation must strike a delicate balance--providing a sense of safety and security for investors, without snuffing out the flame of entrepreneurial vigor and financial innovation that drives economic growth."
"Well, to clarify, my view would be to go back to the investor-paid initially."
"If we miss the moment, we will find ourselves in a deeper hole for a good many years to come."
"I think there is a willingness and an understanding that we have to move."
"I am not so worried--I mean, although the details, look how long it took to get some agreement on Basel and the capital accords."
"I agree, it is a unique opportunity."
"I think the leaders in Europe and the United States, Canada, Latin America, they are all interested in this subject."
"I have been on Banking Committees for 28 years and I think you have been testifying before them for about 28 years."
"We need to have a real auditor that has some accountability."
"The Bernie Madoff fraud was a punch to the gut of our financial system which was already reeling from too many haymakers."
"Today's SEC appears stagnant and behind the times, almost always closing the barn door too late."