Joseph Morelle actually said...

I thank you today, Mr. Chairman and Members of this Committee for your courageous stand and your desire to re-regulate Wall Street.

I congratulate the Committee for its commitment to gain and provide a greater understanding of the importance of credit default swaps.

This discussion is not only appropriate but overdue.

I believe that the Derivatives Markets Transparency and Accountability Act of 2009 goes a long way toward rectifying the inherent problems i...