Joseph Morelle actually said...

"If this Committee wants the CFTC to stay as the principal regulator in this, it must work aggressively and it must demonstrate to the American people--and when I say 'the American people,' the industr..."

"The American taxpayer has now guaranteed $6 trillion of the banking system."

"If we called torture 'enhanced interrogations,' one would think we would come up with a better name than 'bad bank,' but we can't, because bad banks hold bad instruments that were unregulated."

"put these instruments back on a transparent market like the Chicago Mercantile Exchange."