On the recordApril 28, 2010
I think he thought it was too little, didn't he? Mr. DeFAZIO. Well, compared to the enormous wealth that he created by shorting and manipulating and synthesizing. You know, the one thing I would reflect on, I was a little puzzled yesterday when I kept hearing him say, We are the market makers. We are the market makers. After awhile I started thinking about book makers, market makers, is there a difference. What is the difference when they are not dealing in reality or productive investment, they are dealing in manipulated investments, products that are designed to fail. I mean, we have too-big-to-fail institutions that create products that are designed to fail, and they profit immensely by doing that. What's that about market making?
